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:4069)
Address
183 OTTAWA Street S
List Price
$1,499,000
Property Type
Office
Area
Ontario
Sub-Area
Kitchener
Floor Area
7,447 Sq. Ft.
MLS® Number
40684437
Listing Brokerage
RE/MAX TWIN CITY REALTY INC. BROKERAGE-2
Basement Area
Full
Postal Code
N2G3T3
Zoning
L1
Site Influences
Public Transit, Schools
