345 Louisa Street Kitchener, Ontario N2H 5N1

11 Bedroom 7 Bathroom 3,500 - 5,000 ft2
Radiant Heat

$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 over $100,000, 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 2023, 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. 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! Co-Listed With Anna Kalbarczyk from Royal LePage Wolle Realty. (id:53661)

Property Details

MLS® Number X12436725
Property Type Multi-family
Neigbourhood Mt. Hope
Parking Space Total 8

Building

Bathroom Total 7
Bedrooms Above Ground 8
Bedrooms Below Ground 3
Bedrooms Total 11
Age 51 To 99 Years
Amenities Separate Electricity Meters
Appliances Water Heater, Stove, Refrigerator
Basement Features Apartment In Basement
Basement Type Full
Exterior Finish Brick
Foundation Type Concrete
Heating Fuel Natural Gas
Heating Type Radiant Heat
Stories Total 3
Size Interior 3,500 - 5,000 Ft2
Type Other
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 165 Ft ,2 In
Size Frontage 62 Ft ,1 In
Size Irregular 62.1 X 165.2 Ft
Size Total Text 62.1 X 165.2 Ft

Rooms

Level Type Dimensions
Second Level Kitchen 2.52 m x 4.03 m
Second Level Bedroom 3.1 m x 3.7 m
Second Level Living Room 4.09 m x 4.84 m
Second Level Kitchen 2.5 m x 4.05 m
Second Level Bedroom 3.09 m x 3.72 m
Second Level Living Room 4.1 m x 4.84 m
Third Level Living Room 6.06 m x 3.32 m
Third Level Kitchen 3.05 m x 3.54 m
Third Level Bedroom 4.39 m x 2.41 m
Basement Living Room 3.97 m x 4.87 m
Basement Kitchen 3.98 m x 3.29 m
Basement Primary Bedroom 2.91 m x 4.56 m
Basement Bedroom 2 2.87 m x 3.63 m
Basement Office 2.39 m x 3.87 m
Main Level Living Room 4.08 m x 4.88 m
Main Level Kitchen 3 m x 4.01 m
Main Level Bedroom 3.09 m x 3.73 m
Main Level Living Room 4.08 m x 4.9 m
Main Level Kitchen 2.53 m x 4.01 m
Main Level Bedroom 2.53 m x 4.01 m

https://www.realtor.ca/real-estate/28934503/345-louisa-street-kitchener

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