An exceptional investment asset with high-yielding revenue streams in the heart of Kitchener’s thriving tech and innovation hub. Strategically positioned on a massive 0.24-acre lot with EMP-1 Employment Zoning, this highly versatile property features a multi-unit residential building plus a rare, substantial concrete block detached garage compound. The primary building consists of four tenanted one-bedroom units plus an additional bonus studio space offering immense value-add potential, all serviced by robust radiant heating. Completely independent from the residential leases, the four garage bays operate as distinct, cash-flowing storage rental units equipped with their own separate hydro meters. The property also features a massive asphalt driveway accommodating eleven off-street parking spaces. Located just steps from major transit lines, commuter rail links, tech employers, highway access, and downtown amenities, this recession-proof portfolio addition appeals equally to commercial owner-operators, traditional multi-residential investors, and premium value-add buyers looking to secure a dominant footprint in a premier location. (id:64210)
| MLS® Number | 40854589 |
| Property Type | Multi-family |
| Amenities Near By | Park, Playground, Public Transit, Schools, Shopping |
| Equipment Type | Water Heater |
| Parking Space Total | 15 |
| Rental Equipment Type | Water Heater |
| Bathroom Total | 4 |
| Bedrooms Total | 4 |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Constructed Date | 1985 |
| Cooling Type | None |
| Exterior Finish | Other |
| Stories Total | 2 |
| Size Interior | 2,788 Sqft |
| Type | Fourplex |
| Utility Water | Municipal Water |
| Detached Garage | |
| Open |
| Acreage | No |
| Land Amenities | Park, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 158 Ft |
| Size Frontage | 67 Ft |
| Size Irregular | 0.242 |
| Size Total | 0.242 Ac|under 1/2 Acre |
| Size Total Text | 0.242 Ac|under 1/2 Acre |
| Zoning Description | Emp-1 |
https://www.realtor.ca/real-estate/30136771/202-breithaupt-street-kitchener
Contact us for more information
Matt Bowlby
Salesperson
(519) 578-7300
(519) 742-9904
wollerealty.com/