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183 OTTAWA Street S
Kitchener Ontario N2G3T3 Canada

$1,499,000

Active Listing ID 40683779
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7,447 square feet
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7.00 Bath
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Multi-family

$1,499,000

Active Listing ID 40683779
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183 OTTAWA Street S 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:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Exterior Finish: Brick
  • Heating Systems: Electric, Natural gas, Other
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 12/16/2024 2:20:34 PM GMT
Source Updated Date: 12/21/2024 11:34:56 PM GMT

Courtesy of: TONY JOHAL, Broker, RE/MAX TWIN CITY REALTY INC. BROKERAGE-2