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). 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! Unit 3 & 4 will be vacant for january '26. 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.
Listing IDX12609894
Address345 Louisa Street
CityKitchener, Ontario
Price$1,499,000
Bed / Bath11 / 7 Full
Style3-Storey, Multiplex
ConstructionBrick
TypeMulti-Family
StatusFor Sale
