183 Ottawa S St, Kitchener, Ontario N2G 3T3

  • $1,750,000
183 Ottawa S St, Kitchener, Ontario N2G 3T3
Active
183 Ottawa S St, Kitchener, Ontario N2G 3T3
183 Ottawa S St, Kitchener, Ontario N2G 3T3
  • $1,750,000

Overview

Property ID: X9171498
  • Business
  • Property Type
  • 4300
  • Sqft
  • Address 183 Ottawa S St
  • City Kitchener
  • State/county Ontario
  • Zip/Postal Code N2G 3T3

Description

Available for sale is a 7 unit rental property with commercial zoning, offering significant growth potential. This property includes an unfinished garage, loft, and accessory unit, along with a clean, dry basement (not part of the current NOI). The total above-grade square footage is 7,075 Sq. Ft. Key Features: Location- Downtown, with excellent walkability and just 450 meters from the LRT (Light Rail Transit) station. Current Rent Roll: Stable, generating a net operating income(NOI) of $73,000. Expansion Potential: Opportunity to increase the rent roll by finishing the garage, loft and accessory unit. Maintenance : No parking to maintain and clear. This property represents a solid investment with existing rental income and room for future growth. Don’t miss the opportunity to capitalize on a prime downtown location.

Details

Updated on July 26, 2024 at 4:37 pm
  • Property ID: X9171498
  • Price: $1,750,000
  • Property Size: 4300 Sqft
  • Garage Size: x x
  • Property Type: Business
  • Property Status: Active

Mortgage Calculator

Monthly
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Property Tax
  • Home Insurance
  • PMI
  • Monthly HOA Fees
$
%
%
%
$
$
%

Similar Listings

Real Estate Finder Ontario - Blue Icon with white house

Ontario Cities

The Toronto Regional Real Estate Board (TRREB) holds the copyright for the listing data provided herein. This information is intended solely for consumers who have a genuine interest in purchasing real estate and may not be used for any commercial or other purposes. While the data is considered reliable, neither the Toronto Regional Real Estate Board nor Real Estate Finder Ontario can guarantee its accuracy.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

Owned by Jason Macdermid RE/MAX Rouge River Realty Ltd.

Compare listings

Compare
Jason Macdermid
  • Jason Macdermid