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
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 |
Length |
Width |
Dimensions |
Second Level |
Kitchen |
2.52 m |
4.03 m |
2.52 m x 4.03 m |
Second Level |
Bedroom |
3.1 m |
3.7 m |
3.1 m x 3.7 m |
Second Level |
Living Room |
4.09 m |
4.84 m |
4.09 m x 4.84 m |
Second Level |
Kitchen |
2.5 m |
4.05 m |
2.5 m x 4.05 m |
Second Level |
Bedroom |
3.09 m |
3.72 m |
3.09 m x 3.72 m |
Second Level |
Living Room |
4.1 m |
4.84 m |
4.1 m x 4.84 m |
Third Level |
Living Room |
6.06 m |
3.32 m |
6.06 m x 3.32 m |
Third Level |
Kitchen |
3.05 m |
3.54 m |
3.05 m x 3.54 m |
Third Level |
Bedroom |
4.39 m |
2.41 m |
4.39 m x 2.41 m |
Basement |
Living Room |
3.97 m |
4.87 m |
3.97 m x 4.87 m |
Basement |
Kitchen |
3.98 m |
3.29 m |
3.98 m x 3.29 m |
Basement |
Primary Bedroom |
2.91 m |
4.56 m |
2.91 m x 4.56 m |
Basement |
Bedroom 2 |
2.87 m |
3.63 m |
2.87 m x 3.63 m |
Basement |
Office |
2.39 m |
3.87 m |
2.39 m x 3.87 m |
Main Level |
Living Room |
4.08 m |
4.88 m |
4.08 m x 4.88 m |
Main Level |
Kitchen |
3 m |
4.01 m |
3 m x 4.01 m |
Main Level |
Bedroom |
3.09 m |
3.73 m |
3.09 m x 3.73 m |
Main Level |
Living Room |
4.08 m |
4.9 m |
4.08 m x 4.9 m |
Main Level |
Kitchen |
2.53 m |
4.01 m |
2.53 m x 4.01 m |
Main Level |
Bedroom |
2.53 m |
4.01 m |
2.53 m x 4.01 m |
https://www.realtor.ca/real-estate/28934503/345-louisa-street-kitchener