202 Breithaupt St, Kitchener, ON N2H 5H4, Canada
202 Breithaupt St, Kitchener, ON N2H 5H4, CanadaBasics
- Date added: Added 3 days ago
- Category: Residential Income
- Type: Multi-4 Unit
- Status: Active
- Bedrooms: 4
- Bathrooms: 5
- Area: 2788 sq ft
- Year built: 1985
- County Or Parish: Waterloo
- MLS ID: 40833193
Description
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Description:
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 commercial and storage rental units equipped with their own separate hydro meters, including an active automotive shop with excellent street visibility and signage. Generating cash flow with immediate scaling potential, 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.
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Location
- Parking Total: 15
- Directions: Victoria St N to Margaret Ave to Breithaupt St
- Direction Faces: East,South
Building Details
- Number Of Units Total: 9
- Building Area Total: 2788 sq ft
- Number Of Buildings: 0
- Parking Features: Detached Garage
- Security Features: Smoke Detector
- Covered Spaces: 4
- Construction Materials: Aluminum Siding
- Garage Spaces: 4
- Roof: Asphalt Shing
Amenities & Features
- Water Source: Municipal
- Appliances: Refrigerator, Stove
- Sewer: Sewer (Municipal)
- Window Features: Window Coverings
- Cooling: None
- Interior Features: Separate Hydro Meters
- Heating: Radiator
- Frontage Type: North