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Chris Adams

chris.adams@easyhometeam.ca +1(519) 804-1978

Listed by Rebecca Rawlings • C M A REALTY LTD.

$ 949,000

Est. payment | -/mo

3 Baths

1,731 SqFt

Save

$ 949,000

Est. payment | -/mo

Save

3 Baths

1,731 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-3 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 1,731 sqft

Price per Sqft $548

MLS Listing ID 40816955

Abv Grd Liv Area 2,197

Year Built 1923

Annual Tax Amount $4,829

Property Sub-Type Multi-3 Unit

Source Cornerstone

Property Description

Well-maintained, fully rented mixed-use property featuring three self-contained units, offering a income-generating opportunity. The building includes a one-bedroom basement apartment, a main floor office with kitchenette, and a spacious two-bedroom plus loft apartment spanning the second and third floors. Each unit is equipped with its own bathroom, providing convenience for tenants. The property offers parking for up to three vehicles, EV charging, shared laundry and benefits from large windows that provide excellent natural light throughout. Numerous recent improvements include a new furnace (2023), air conditioning system (2024), and newly constructed basement apartment (2024), among others. Ideally situated in a desirable downtown location. The property is within walking distance to a wide range of amenities including restaurants, shops, parks, churches, and schools. Convenient access to the expressway and location on public transit route further enhance its accessibility and appeal to both residential and commercial tenants. An excellent turnkey investment opportunity with stable rental income in a highly walkable and well-connected area. Also ideal for an owner-occupier—operate your business from the main floor office, live in the upper unit, and generate additional income from the basement apartment.

Location

Province ON

County Waterloo

Area 2 - Kitchener East

Zoning CR-1, 114R, 128U

Rooms

Basement Full, Finished

Kitchen 0

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Appliance Water Softener, Refrigerator, Stove

Laundry Shared

Exterior

Parking Features Asphalt, EV Charging

Fence Fence - Partial

Roof Type Asphalt Shing

Porch Porch

Lot Frontage 39.74

Lot Depth 90.15

Garage No

Building

Lot Description Rectangular, City Lot, Library, Park, Public Transit, Schools

Story 2

Sewer Sewer (Municipal)

Water Municipal

Structure Type Aluminum Siding,Brick

New Construction No

Others

Senior Community No

Tax ID 223110154

Ownership Freehold/None

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Chris Adams

Broker

chris.adams@easyhometeam.ca

+1(519) 804-1978

1440 King Street North St. Jacobs, ON, N0B, 2N0, CAN

318 Frederick Street Kitchener, ON N2H 2N7

Chris Adams

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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318 Frederick Street