Kitchener ON, N2H 5N1

MLS® # 40773952

Property Information:

345 Louisa Street – Prime Investment Opportunity in the Heart of Kitchener!First time offered in nearly 20 years, this solid brick sixplex is a rare find, featuring five spacious 1-bedroom units and one 3-bedroom unit, all situated on a large 62’ x 165’ lot with parking for 8 vehicles—a true gem for savvy investors or owner-occupiers. 4619 sq ft of living space ! (3445.76 sq ft above grade, 1173 sq ft below grade).This is a low-maintenance, high-yield property with serious upside potential. Whether you're looking to expand your portfolio or break into the market with a smart house-hack, 345 Louisa Street checks all the boxes. Key Features: New asphalt driveway paved in 2023, 1 updated/ vacant unit (#5), no rental items—all major systems ownedOne vacant unit—move in and let your tenants pay the mortgage! Zoning and lot size may allow for future development or additional units.Perfectly located just:4 minutes to the University of Waterloo School of Pharmacy, 14-minute walk to the Kitchener GO Station, ION Light Rail, and downtown KitchenerThis is your chance to own a solid, income-generating property in a rapidly growing area. With proximity to major transit, schools, and downtown amenities, 345 Louisa Street offers both immediate returns and long-term appreciation.Don’t miss this rare opportunity!

Inclusions: Hot Water Tank Owned,Smoke Detector,All Existing Appliances (6 Fridges, 6 Stoves), Coin Operated Washer, Coin Operated Dryer

Building Features:

Floor Space: 4618 Square Feet

Property Features:

Bedrooms: 8
Acres Range: < 0.5
Basement: Full, Finished
Built in: 1947
Construction Materials: Brick
Cooling: None
Driveway Parking: Private Drive Single Wide
Floor Space (approx): 4618 Square Feet
Heating: Natural Gas, Radiator
Interior Features: Separate Hydro Meters
Laundry Features: Coin Operated
Lot Depth: 165.19 Feet
Lot Features: City Lot, Highway Access, Public Transit, Schools
Lot Frontage: 62.10 Feet
Roof: Asphalt Shing
Security Features: Smoke Detector
Water Source: Municipal
Zoning: R3
Sewer: Sewer (Municipal)
No. of Parking Spaces: 8

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⚠ Potential Investment Performance

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