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Royal LePage
Royal LePage
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$4,465,000

Kitchener ON, N2H 5L7

MLS® # 40758551

Property Information:

Well-maintained 22-unit apartment property in Uptown Waterloo’s desirable North Ward, consisting of two neighbouring buildings on separate lots being sold together. The suite mix includes 3 bachelor units and 19 one-bedroom units, offering excellent rental appeal for singles and couples. Both buildings are professionally managed and benefit from steady tenant demand in this central, walkable location near transit, shopping, dining, and amenities. With current rents below market, there is significant upside potential through turnover and strategic renovations. A rare opportunity to acquire a stable, income-producing asset with long-term value growth in one of Waterloo Region’s most sought-after neighbourhoods.

Inclusions: Hot Water Tank Owned,Hot Water Tanks (Owned), Coin-Operated Laundry Equipment, Existing Appliances In All Units, All Existing Light Fixtures.

Exclusions : Any Tenant Belongings.

Building Features:

  • Floor Space: 8200 Square Feet

Property Features:

  • Bedrooms: 0
  • Acres Range: < 0.5
  • Basement: Partial, Finished
  • Construction Materials: Brick
  • Cooling: None
  • Driveway Parking: Outside/Surface/Open
  • Floor Space (approx): 8200 Square Feet
  • Heating: Natural Gas
  • Interior Features: Built-In Appliances, Separate Heating Controls, Separate Hydro Meters
  • Laundry Features: Coin Operated, Common Area
  • Lot Features: City Lot, Hospital, Park, Public Transit, Shopping Nearby
  • Lot Frontage: 63.50 Feet
  • Roof: Flat
  • Water Source: Municipal
  • Zoning: R2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 11

Courtesy of: Real Broker Ontario Ltd.

This listing content provided by Brokers PlaybookTM

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⚠ Potential Investment Performance

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Location of 17 Louisa Street, Kitchener, ON, N2H 5L7

Demographic Information of 17 Louisa Street, Kitchener, ON, N2H 5L7

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$121,581.69

Average Number of Children

1.57

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.9 %

High school certificate or equivalent

23.57 %

Apprenticeship trade certificate/diploma

5.85 %

College/non-university certificate

16.49 %

University certificate (below bachelor)

2.36 %

University Degree

40.83 %

Commuter

Travel To Work

By Car

74.5 %

By Public Transit

11.09 %

By Walking

12.07 %

By Bicycle

0.8 %

By Other Methods

1.54 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

63.75 %

Houses

36.25 %

Own Vs. Rent

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