$1,749,000
Available - For Sale
Listing ID: X14031326
67 Louisa Street , Kitchener, N2H 5L9, Waterloo
| Rare opportunity to acquire an high-performing legal fourplex in the heart of Kitchener on a quiet, tree-lined street. With only one 1-bedroomunit currently available, a new owner has the flexibility to either select their own tenant or move into the unit themselves while benefiting from the income generated by the remaining suites. Located just a 2-minute walk from Google's Kitchener hub, the property sits in a Walker's Paradise with a Walk Score of 90+, offering immediate access to the ION LRT, GO Train, restaurants, amenities and major employers throughout Downtown Kitchener and Uptown Waterloo. The building features an excellent unit mix consisting of one 1-bedroom + den, one 2-bedroom +den and two spacious 3-bedroom units. Each unit has its own private entrance, in-suite laundry, individual heating controls and private outdoor space. Abundant on-site parking, with up to two spaces per unit, provides a significant advantage in this central location. Bright, spacious and newly renovated, the property has been well maintained and designed for minimal ongoing maintenance. Its diverse unit mix appeals to everyone from young professionals to families, providing both stable income and long-term flexibility for an investor. Currently generating an NOI of $100,000, this is a rare opportunity to secure an outperforming multi-residential asset in one of Waterloo Region's strongest technology and employment hubs, with existing income, tenant stability and additional upside. |
| Price | $1,749,000 |
| Taxes: | $7578.00 |
| Assessment Year: | 2026 |
| Occupancy: | Tenant |
| Address: | 67 Louisa Street , Kitchener, N2H 5L9, Waterloo |
| Acreage: | < .50 |
| Directions/Cross Streets: | MOORE AVE. |
| Rooms: | 25 |
| Bedrooms: | 9 |
| Bedrooms +: | 0 |
| Family Room: | T |
| Basement: | Full, Finished |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Basement | Bedroom | 16.1 | 9.54 | |
| Room 2 | Basement | Other | 11.48 | 14.69 | |
| Room 3 | Basement | Kitchen | 9.35 | 14.92 | |
| Room 4 | Basement | Primary B | 15.19 | 22.34 | |
| Room 5 | Basement | Utility R | 3.71 | 13.42 | |
| Room 6 | Basement | Utility R | 4.59 | 8.59 | |
| Room 7 | Main | Bedroom | 10.5 | 13.38 | |
| Room 8 | Main | Bedroom | 10.43 | 12.46 | |
| Room 9 | Main | Dining Ro | 12.73 | 12.89 | |
| Room 10 | Main | Kitchen | 7.45 | 10.4 | |
| Room 11 | Main | Living Ro | 12.63 | 26.7 | |
| Room 12 | Second | Kitchen | 9.51 | 17.25 | |
| Room 13 | Second | Living Ro | 11.28 | 16.92 | |
| Room 14 | Upper | Bedroom | 8.86 | 13.09 | |
| Room 15 | Upper | Bedroom | 11.91 | 15.42 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 2 | Second |
| Washroom Type 2 | 3 | Third |
| Washroom Type 3 | 4 | Main |
| Washroom Type 4 | 4 | Basement |
| Washroom Type 5 | 3 | Main |
| Washroom Type 6 | 2 | Second |
| Washroom Type 7 | 3 | Third |
| Washroom Type 8 | 4 | Main |
| Washroom Type 9 | 4 | Basement |
| Washroom Type 10 | 3 | Main |
| Total Area: | 0.00 |
| Approximatly Age: | 100+ |
| Property Type: | Fourplex |
| Style: | 2 1/2 Storey |
| Exterior: | Brick |
| Garage Type: | None |
| (Parking/)Drive: | Lane, Priv |
| Drive Parking Spaces: | 5 |
| Park #1 | |
| Parking Type: | Lane, Priv |
| Park #2 | |
| Parking Type: | Lane |
| Park #3 | |
| Parking Type: | Private Tr |
| Pool: | None |
| Approximatly Age: | 100+ |
| Approximatly Square Footage: | 3500-5000 |
| Property Features: | School, School Bus Route |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | Y |
| Heat Type: | Baseboard |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
| Utilities-Cable: | Y |
| Utilities-Hydro: | Y |
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| RE/MAX TWIN CITY REALTY INC. |
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|
Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
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At a Glance:
| Type: | Freehold - Fourplex |
| Area: | Waterloo |
| Municipality: | Kitchener |
| Neighbourhood: | Dufferin Grove |
| Style: | 2 1/2 Storey |
| Approximate Age: | 100+ |
| Tax: | $7,578 |
| Beds: | 9 |
| Baths: | 5 |
| Fireplace: | Y |
| Pool: | None |
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