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$1,499,000
Est. payment /mo
11 Beds
7 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
MLS Listing ID X12609894
Style 3-Storey
Bedrooms 11
Annual Tax Amount $7,814
Tax Year 2025
Property Sub-Type Multiplex
Property Description
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.
Location
State ON
County Waterloo
Area Waterloo
Rooms
Basement Apartment, Full
Kitchen 6
Interior
Interior Features Separate Hydro Meter, Water Heater Owned
Cooling None
Inclusions 6 fridges, 6 stoves,
Exterior
Parking Features None
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 8
Building
Building Age 51-99
Foundation Concrete
Others
Virtual Tour https://unbranded.youriguide.com/345_louisa_street_kitchener_on/
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Lited by ROYAL LEPAGE/J & D DIVISION
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