For Sale

183 OTTAWA Street, Kitchener, Ontario N2G3T3

$1,499,000

183 OTTAWA Street, Kitchener, Ontario N2G3T3 is For Sale and has a listing price of 1,499,000. The property is located in the Mill Courtland Woodside Park neighbourhood. It's been on the website for 1 Day.

  • Other
    Property Type
  • Attached Garage
    Parking
  • 2
    Parking Spaces
  • MLS ID: 40684437
  • Office Name RE/MAX TWIN CITY REALTY INC. BROKERAGE-2
Property Description

Prime Investment Opportunity in Downtown Kitchener located along the LRT tracks and just 450 meters from the station, this 7-unit property offers exceptional accessibility and convenience. Spanning 7,447 sq. ft. of above-grade space, it provides a rare opportunity to expand to 9 units plus a garage and full basement, unlocking additional income potential. Currently generating a reliable NOI of $73,000, the property promises substantial growth in a high-demand rental market. Surrounded by many amenities and steps from transit, it’s an ideal investment for those seeking to maximize returns or leverage its mixed-use potential. Vendor Take-Back (VTB) Financing is Available. (id:43137)

Property Details
  • Virtual Tour: Click Here
  • MLS ID: 40684437
  • Price: $1,499,000
  • Transaction Types: For Sale
  • Ref ID: 27727800
  • Year Built: N/A
  • Property Type: Other
  • Property Type: Condo
  • Property Sub Category: Locker and Other
Price History
List Date MLS ID List Price Status End Date Closed Price
12/06/2024 40683779 $1,499,000 For Sale - -
12/06/2024 40684437 $1,499,000 For Sale - -
07/25/2024 40625256 $1,750,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Mill Courtland Woodside Park
  • $851,427 Average List Price
    based on 1 year
  • 13 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 4.05 % Below
  • Sold (12mo) 14
  • Rented (12mo) 4

  • 1 Month Change +7.0%
  • 3 Month Change -1.6%
  • 6 Month Change +16.0%
Walkscore
Property Type Distribution
  • All Houses
    82.71%
  • Commercial
    6.32%
  • Condo
    10.06%
  • Land for Sale
    0.9%
Additional Details
  • Sewers Municipal Sewage System
  • Basement2 Full
  • Water Municipal Water
  • Exterior Brick
  • Total Parking Spaces: 2
  • Fireplace False
  • Parking Attached Garage
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 06/12/2024 00:00:00
  • Zoning Rl 5-0
  • Agent Name: TONY JOHAL
  • Address Subdivision: 212 - Downtown Kitchener/East Ward
  • Last Updated: 24/02/2025 14:58:07
Open House Dates
  • 1. 02/03/2025 (Start time: 2:00 PM - End time: 4:00 PM)
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