8 Beds 7 Bath

345 Louisa Street, Kitchener, ON N2H 5N1

Kitchener N2H 5N1 Ontario

MLS: X12436725

$1,499,000

Added 2 hours ago | For Sale

Listed by: ROYAL LEPAGE/J & D DIVISION

About Property

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). Boasting a gross annual income of over $100,000, 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! 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.

Features

  • House Style:Multiplex
  • Bathrooms:7
  • Land Size: 62.1 X 165.19
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Margaret/ Louisa Street
  • Basement:Apartment,Full , Apartment,Full
  • Possession Date:
  • Annual Property taxes: $7814
  • Bedrooms:8 +3
  • Total Parking Spaces:8
  • Parking Places:8
  • Heating Type:Radiant
  • Pool Type:None
  • Exterior:
  • Direction Facing:North
  • Front Footage:
  • Listing ID:X12436725

Level Type Features Dimensions
Main Living Room 13 ft, 5 in x 16 ft
Kitchen 9 ft, 10 in x 13 ft, 2 in
Bedroom 10 ft, 2 in x 12 ft, 3 in
Living Room 13 ft, 5 in x 16 ft, 1 in
Kitchen 8 ft, 4 in x 13 ft, 2 in
Bedroom 8 ft, 4 in x 13 ft, 2 in
Second Living Room 13 ft, 5 in x 15 ft, 11 in
Kitchen 8 ft, 2 in x 13 ft, 3 in
Bedroom 10 ft, 2 in x 12 ft, 2 in
Living Room 13 ft, 5 in x 15 ft, 11 in
Kitchen 8 ft, 3 in x 13 ft, 3 in
Bedroom 10 ft, 2 in x 12 ft, 2 in
Third Living Room 19 ft, 11 in x 10 ft, 11 in
Kitchen 10 ft x 11 ft, 7 in
Bedroom 14 ft, 5 in x 7 ft, 11 in
Basement Living Room 13 ft x 16 ft
Kitchen 13 ft, 1 in x 10 ft, 10 in
Primary Bedroom 9 ft, 7 in x 15 ft
Bedroom 2 9 ft, 5 in x 11 ft, 11 in
Office 7 ft, 10 in x 12 ft, 8 in

No property rooms available.

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