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67 LOUISA Street
homes for sale · Kitchener · Downtown Kitchener/W. Ward
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$1,749,000

67 LOUISA Street

Downtown Kitchener/W. Ward, Kitchener · MLS® 40870189

975

4,723 sq ft · 0 sq ft lot · House · Multi-family · built 1912 · 10 days on market

listed by DAVID SCHOOLEY, RE/MAX Twin City Realty Inc.

realtor's description

Rare opportunity to acquire an high-performing legal fourplex in the heart of Kitchener on a quiet, tree-lined street. With only one 1-bedroom unit currently available, a new owner has the flexibility to either select their own tenant or move into the unit themselves while benefiting from the income generated by the remaining suites. Located just a 2-minute walk from Google’s Kitchener hub, the property sits in a Walker’s Paradise with a Walk Score of 90+, offering immediate access to the ION LRT, GO Train, restaurants, amenities and major employers throughout Downtown Kitchener and Uptown Waterloo. The building features an excellent unit mix consisting of one 1-bedroom + den, one 2-bedroom + den and two spacious 3-bedroom units. Each unit has its own private entrance, in-suite laundry, individual heating controls and private outdoor space. Abundant on-site parking, with up to two spaces per unit, provides a significant advantage in this central location. Bright, spacious and newly renovated, the property has been well maintained and designed for minimal ongoing maintenance. Its diverse unit mix appeals to everyone from young professionals to families, providing both stable income and long-term flexibility for an investor. Currently generating an NOI of $100,000, this is a rare opportunity to secure an outperforming multi-residential asset in one of Waterloo Region’s strongest technology and employment hubs, with existing income, tenant stability and additional upside.

property details

type
House, Multi-family
bedrooms
9
bathrooms
7
living area
4,723 sq ft
lot
0 sq ft
parking
5
year built
1912
property tax
$7,578 / yr
days on market
10
MLS®
40870189

features

  • School Bus

monthly cost

$8,252/mo
Mortgage $7,620 · Tax $632

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$7,620/ monthly
loan $1,399,200
25-year amortization
total interest
$886,868
cash to close
$349,800
down payment; transfer tax and fees not included
total paid
$2,286,068

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Downtown Kitchener/W. Ward, KitchenerGoogle Maps ↗

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listed by
DAVID SCHOOLEY
RE/MAX Twin City Realty Inc.
call DAVID · 519-577-1212
Powered by: REALTOR.ca
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similar homes nearby

location

Downtown Kitchener/W. Ward, KitchenerGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

744 QUEEN Street S, Kitchener
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House
$1,249,000
4methe deep dive
744 QUEEN Street S
Downtown Kitchener/W. Ward, Kitchener95 days on market
listed by RE/MAX Real Estate Centre Inc.
76113,860 sq ft
MLS® 40850054