202 BREITHAUPT Street

About this property

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:66549)

Details

Bedrooms

4

Bathrooms

4

Size

2,788 sq ft

Property type

House

Year built

1985

Stories

2

Parking spaces

15

Neighbourhood

114 - Uptown Waterloo/North Ward

Postal code

N2H5H4

MLS® Number

40854589

Status

For Sale

Features

• Garage
• Parking
• Storage

Location