Property Information:

Prime Cash-Flow Opportunity at 744 Queen St S, Kitchener! Discover this fully tenanted 6-unit mixed-use gem on a high-traffic corner in one of Kitchener’s strongest rental markets. The property features four 1-bedroom units, one spacious 3-bedroom unit, and one commercial space with excellent street visibility, delivering strong, diversified income from long-term tenants right from day one. Boasting 11 parking spaces, a solid 1940s-built structure (approx. 3,000–3,500 sq ft) on a generous 40 x 114 ft lot, this turnkey investment offers outstanding tenant retention and hassle-free management. Just steps to transit, parks, schools, Highland Rd amenities, the Iron Horse Trail, and downtown Kitchener, it sits in a high-demand location with clear value-add potential. Stable cash flow, scalable upside, and a proven location—ideal for investors ready to grow their portfolio today. (id:27)

Building Features:

Style: Multiplex
Basement Development: Partially finished
Basement Type: Full
Exterior Finish: Brick
Floor Space: 3860 sqft
Foundation Type: Poured Concrete
Heating Type: Forced air
Heating Fuel: Natural gas
Appliances: Water softener

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Bedrooms: 7
Bathrooms: 6
Amenities Nearby: Hospital, Park, Playground, Public Transit, Shopping
Built in: 1945
Community Features: High Traffic Area, Community Centre
Features: Paved driveway, Shared Driveway
Floor Space (approx): 3860 Square Feet
Lot Depth: 114 Feet
Lot Frontage: 43 Feet
Zoning: R2
Sewer: Municipal sewage system
Parking Type: Attached garage, Open
No. of Parking Spaces: 11

Courtesy of: RE/MAX Real Estate Centre Inc.

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Demographic Information of 744 QUEEN Street S, Kitchener, Ontario, N2M 1A4

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$107,284.06

Average Number of Children

1.61

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.15 %

High school certificate or equivalent

28.85 %

Apprenticeship trade certificate/diploma

5.09 %

College/non-university certificate

22.51 %

University certificate (below bachelor)

0.87 %

University Degree

27.53 %

Commuter

Travel To Work

By Car

80.27 %

By Public Transit

8.59 %

By Walking

7.76 %

By Bicycle

0.79 %

By Other Methods

2.59 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

56.02 %

Houses

43.98 %

744 QUEEN Street S, Kitchener, Ontario, N2M 1A4