Property Information:

Fully tenanted mixed-use property on a 66.60 × 126 ft lot , situated directly opposite 178 Louisa Street. Three income-producing units: a premium barbershop occupying the commercial unit with its own entrance, dedicated furnace, and business driveway; Unit A — fully renovated 2018, 3 bedrooms plus 1-bedroom basement suite, separate laundry; Unit B — 2 bedrooms, full bathroom, separate laundry. Detached double car garage (additional income potential). Roof replaced 2018. Central AC 2019. Two separate hydro meters. 10 parking spaces across 2 driveways. All units fully tenanted — income from possession date. Less than 1 km from Google HQ, downtown Kitchener, and GO Station. ION LRT corridor adjacent. Redevelopment potential — can be rebuilt as duplex, five-plex, or other residential configuration. Real property only — business not included. Must be purchased together with 178 Louisa Street, Kitchener. Combined price: $6,800,000. (id:27)

Building Features:

Style: Multiplex
Building Type: Triplex
Basement Development: Finished
Basement Type: Partial
Exterior Finish: Aluminum siding, Brick, Stone
Floor Space: 2614 sqft
Foundation Type: Poured Concrete
Heating Type: Baseboard heaters, Forced air
Heating Fuel: Electric, Natural gas
Cooling Type: Central air conditioning
Appliances: Window Coverings

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Bedrooms: 5
Bathrooms: 3
Access Type: Road access
Amenities Nearby: Airport, Park, Schools
Features: Paved driveway
Floor Space (approx): 2614 Square Feet
Irregular: Yes
Lot Depth: 126 Feet
Lot Frontage: 67 Feet
Lot Size: 0.18 Acres
Zoning: SGA-1
Sewer: Municipal sewage system
Parking Type: Detached garage, Open
No. of Parking Spaces: 10

Courtesy of: Kigo Realty Inc., HOMELIFE MIRACLE REALTY LTD.

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Demographic Information of 183 LOUISA Street, Kitchener, Ontario, N2H 5M4

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$105,429.05

Average Number of Children

1.63

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.96 %

High school certificate or equivalent

28.12 %

Apprenticeship trade certificate/diploma

6.99 %

College/non-university certificate

18.75 %

University certificate (below bachelor)

1.35 %

University Degree

34.82 %

Commuter

Travel To Work

By Car

81.77 %

By Public Transit

8.02 %

By Walking

4.16 %

By Bicycle

2.56 %

By Other Methods

3.49 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

45.44 %

Houses

54.56 %

183 LOUISA Street, Kitchener, Ontario, N2H 5M4