345 Louisa Street Kitchener, Ontario N2H 5N1

$1,499,000

345 Louisa Street – Prime Investment Opportunity in the Heart of Kitchener First time offered in nearly 20 years! This solid brick sixplex is a rare find, featuring five spacious 1-bedroom units and one 3-bedroom unit, all situated on a large 62’ x 165’ lot with parking for 8 vehicles—a true gem for savvy investors or owner-occupiers. 4619 sq ft of living space ! (3445.76 sq ft above grade, 1173 sq ft below grade). Boasting a gross annual income of $98,623, this is a low-maintenance, high-yield property with serious upside potential. Whether you're looking to expand your portfolio or break into the market with a smart house-hack, 345 Louisa Street checks all the boxes. Key Features: New asphalt driveway paved in 2024, 1 updated/ vacant unit (#5), no rental items—all major systems owned One vacant unit—move in and let your tenants pay the mortgage! Zoning and lot size may allow for future development or additional units (buyer to verify). Perfectly located just:4 minutes to the University of Waterloo School of Pharmacy, 14-minute walk to the Kitchener GO Station, ION Light Rail, and downtown Kitchener This is your chance to own a solid, income-generating property in a rapidly growing area. With proximity to major transit, schools, and downtown amenities, 345 Louisa Street offers both immediate returns and long-term appreciation. Don’t miss this rare opportunity! (id:41954)

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https://www.realtor.ca/real-estate/28924665/345-louisa-street-kitchener