7 Bedroom
6 Bathroom
3,860 sqft
Forced Air
$1,249,000
Prime Cash-Flow Opportunity at 744 Queen St S, Kitchener! Discover this fully tenanted 6-unit mixed-use gem on a high-traffic corner in one of Kitchener’s strongest rental markets. The property features four 1-bedroom units, one spacious 3-bedroom unit, and one commercial space with excellent street visibility, delivering strong, diversified income from long-term tenants right from day one. Boasting 11 parking spaces, a solid 1940s-built structure (approx. 3,000–3,500 sq ft) on a generous 40 x 114 ft lot, this turnkey investment offers outstanding tenant retention and hassle-free management. Just steps to transit, parks, schools, Highland Rd amenities, the Iron Horse Trail, and downtown Kitchener, it sits in a high-demand location with clear value-add potential. Stable cash flow, scalable upside, and a proven location—ideal for investors ready to grow their portfolio today. (id:63476)
Property Details
|
MLS® Number |
40850054 |
|
Property Type |
Multi-family |
|
Amenities Near By |
Hospital, Park, Playground, Public Transit, Shopping |
|
Community Features |
High Traffic Area, Community Centre |
|
Equipment Type |
Water Heater |
|
Features |
Paved Driveway, Shared Driveway |
|
Parking Space Total |
11 |
|
Rental Equipment Type |
Water Heater |
Building
|
Bathroom Total |
6 |
|
Bedrooms Total |
7 |
|
Appliances |
Water Softener |
|
Basement Development |
Partially Finished |
|
Basement Type |
Full (partially Finished) |
|
Constructed Date |
1945 |
|
Exterior Finish |
Brick |
|
Foundation Type |
Poured Concrete |
|
Heating Fuel |
Natural Gas |
|
Heating Type |
Forced Air |
|
Stories Total |
2 |
|
Size Interior |
3,860 Sqft |
|
Utility Water |
Municipal Water |
Parking
Land
|
Acreage |
No |
|
Land Amenities |
Hospital, Park, Playground, Public Transit, Shopping |
|
Sewer |
Municipal Sewage System |
|
Size Depth |
114 Ft |
|
Size Frontage |
43 Ft |
|
Size Total Text |
Under 1/2 Acre |
|
Zoning Description |
R2 |