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Royal LePage
Royal LePage
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$799,000

202 BREITHAUPT Street, Kitchener, Ontario, N2H 5H4

MLS® # 40833193

Kitchener ON, N2H 5H4

MLS® # 40833193

Property Information:

An exceptional investment asset with high-yielding revenue streams in the heart of Kitchener’s thriving tech and innovation hub. Strategically positioned on a massive 0.24-acre lot with EMP-1 Employment Zoning, this highly versatile property features a multi-unit residential building plus a rare, substantial concrete block detached garage compound. The primary building consists of four tenanted one-bedroom units plus an additional bonus studio space offering immense value-add potential, all serviced by robust radiant heating. Completely independent from the residential leases, the four garage bays operate as distinct, cash-flowing commercial and storage rental units equipped with their own separate hydro meters, including an active automotive shop with excellent street visibility and signage. Generating cash flow with immediate scaling potential, the property also features a massive asphalt driveway accommodating eleven off-street parking spaces. Located just steps from major transit lines, commuter rail links, tech employers, highway access, and downtown amenities, this recession-proof portfolio addition appeals equally to commercial owner-operators, traditional multi-residential investors, and premium value-add buyers looking to secure a dominant footprint in a premier location. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Basement Development: Unfinished
  • Basement Type: Full
  • Exterior Finish: Aluminum siding
  • Floor Space: 2788 sqft
  • Cooling Type: None
  • Appliances: Window Coverings

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 4
  • Bathrooms: 5
  • Access Type: Road access, Highway access
  • Amenities Nearby: Public Transit, Shopping
  • Built in: 1985
  • Community Features: Industrial Park
  • Features: Southern exposure
  • Floor Space (approx): 2788 Square Feet
  • Lot Depth: 158 Feet
  • Lot Frontage: 67 Feet
  • Zoning: EMP-1
  • Sewer: Municipal sewage system
  • Parking Type: Detached garage
  • No. of Parking Spaces: 15

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 202 BREITHAUPT Street, Kitchener, Ontario, N2H 5H4

Demographic Information of 202 BREITHAUPT Street, Kitchener, Ontario, N2H 5H4

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

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 %

Own Vs. Rent

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