183 Ottawa Street S Kitchener, Ontario N2G 3T3
$1,499,000
Prime Investment Opportunity in Downtown Kitchener located along the LRT tracks and just 450 meters from the station, this 7-unit property offers exceptional accessibility and convenience. Spanning 7,447 sq. ft. of above-grade space, it provides a rare opportunity to expand to 9 units plus a garage and full basement, unlocking additional income potential. Currently generating a reliable NOI of $73,000, the property promises substantial growth in a high-demand rental market. Surrounded by many amenities and steps from transit, it’s an ideal investment for those seeking to maximize returns or leverage its mixed-use potential. Vendor Take-Back (VTB) Financing is Available. (id:59646)
Property Details
| MLS® Number | 40683779 |
| Property Type | Multi-family |
| Amenities Near By | Golf Nearby, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Community Features | Community Centre |
| Parking Space Total | 2 |
Building
| Bathroom Total | 7 |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Exterior Finish | Brick |
| Foundation Type | Block |
| Heating Fuel | Electric, Natural Gas |
| Heating Type | Other |
| Stories Total | 3 |
| Size Interior | 7446.72 Sqft |
| Utility Water | Municipal Water |
Parking
| Attached Garage |
Land
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Golf Nearby, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 100 Ft |
| Size Frontage | 43 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | L1 |
https://www.realtor.ca/real-estate/27719410/183-ottawa-street-s-kitchener
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December 16 2024 02:14:03
Kitchener-Waterloo Association of REALTORS®
RE/MAX Twin City Realty Inc. Brokerage-2
