For Sale

744 QUEEN Street Unit# 744, Kitchener, Ontario N2M1A4

$1,625,000

744 QUEEN Street Unit# 744, Kitchener, Ontario N2M1A4 is For Sale and has a listing price of 1,625,000. The property is located in the Victoria Park neighbourhood. It's been on the website for 4 Days.

  • Multi-family
    Property Type
  • Fourplex
    Building Type
  • Attached Garage
    Parking
  • 11
    Parking Spaces
  • MLS ID: 40655187
  • Office Name RIGHT AT HOME REALTY BROKERAGE UNIT 36
Property Description

Discover a prime investment property perfectly situated in the heart of Kitchener. Located northeast of Highland Road West and Queen Street South, this multi-family property is nestled in the vibrant downtown West Ward community, offering unparalleled convenience and accessibility. Location Highlights: Exceptional Connectivity, Easy access to public transportation, including the nearby ION station, as well as bike trails and major arterial roads. Outstanding Walk Score of 81: Most daily errands can be accomplished on foot, making it a highly desirable location for tenants. Proximity to Amenities: Just a short walk to trails, parks, grocery stores, playgrounds, shopping, and other essential amenities. Close to Employment and Innovation Hubs: Conveniently located near tech firms, downtown businesses, and other employment opportunities. Property Features: This multi-family property has been extensively upgraded over the past decade, ensuring modern comforts and reliability. Key improvements include: Interior renovations of multiple units, Installation of new appliances, Addition of water softener, furnaces, and air conditioning system, Upgraded ductwork and commercial unit doors, New railings, deck, and garage roof, Installation of leaf guards and an egress window. Unique Attributes: Fully tenanted, providing immediate rental income for buyers. Includes a commercial unit, offering mixed-use potential. Assigned parking for most units and ample parking space for tenants. This property represents a rare opportunity to acquire a well-maintained, income-generating asset in a high-demand location. Whether you’re looking to diversify your portfolio or make a strategic investment, this property ticks all the boxes. Don’t miss out! Act now to secure this incredible investment opportunity. Reach out today to schedule a viewing and take the first step toward adding this gem to your real estate portfolio. (id:43137)

Property Details
  • MLS ID: 40655187
  • Price: $1,625,000
  • Transaction Types: For Sale
  • Ref ID: 27694738
  • Year Built: N/A
  • Building Type: Fourplex
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: Fourplex
Price History
List Date MLS ID List Price Status End Date Closed Price
11/29/2024 40655187 $1,625,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Victoria Park
  • $1,038,541 Average List Price
    based on 1 year
  • 4 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 9.87 % Below
  • Sold (12mo) 1
  • Rented (12mo) 1

  • 1 Month Change -26.2%
  • 3 Month Change -21.2%
  • 6 Month Change -28.1%
Walkscore
  • 81 Walk Score
    Very Walkable
  • 58 Transit Score
    Good Transit
  • 92 Bike Score
    Biker's Paradise
Property Type Distribution
  • All Houses
    74.26%
  • Commercial
    16.18%
  • Condo
    9.56%
Additional Details
  • Sewers Municipal Sewage System
  • Heat Source Natural Gas
  • Basement2 Full (partially Finished)
  • Heating System Forced Air
  • Water Municipal Water
  • Exterior Brick
  • Total Parking Spaces: 11
  • Property Features Paved Driveway, Shared Driveway
  • Fireplace False
  • Parking Attached Garage
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 29/11/2024 00:00:00
  • Zoning Mh1
  • Agent Name: Leda Schupbach, B.A
  • Address Subdivision: 313 - Downtown Kitchener/W. Ward
  • Last Updated: 29/11/2024 15:03:44
Open House Dates
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