Kitchener ON, N2H 5N1
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 owned. One vacant unit move in and let your tenants pay the mortgage! UNIT 3 & 4 will be vacant for January '26. 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 Kitchener This 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! Co-Listed With Anna Kalbarczyk from Royal LePage Wolle Realty. (id:27)
Building Features:
- Style: Multiplex
- Building Type: Other
- Amenities: Separate Hydro Meters
- Basement Type: Full
- Exterior Finish: Brick
- Floor Space: 3500 - 5000 sqft
- Foundation Type: Concrete
- Heating Type: Radiant heat
- Heating Fuel: Natural gas
- Cooling Type: None
- Appliances: Stove, Refrigerator
Property Features:
- Property Type: Multi-family
- Bedrooms: 8+3
- Bathrooms: 7
- Floor Space (approx): 3500 - 5000 Square Feet
- Irregular: Yes
- Lot Depth: 165.2 Feet
- Lot Frontage: 62.1 Feet
- Lot Size: 62.1 x 165.2 FT
- Sewer: Sanitary sewer
- Parking Type: No Garage
- No. of Parking Spaces: 8
Rooms:
- Kitchen 2nd Level 2.52 m x 4.03 m 8.27 ft x 13.22 ft
- Bedroom 2nd Level 3.10 m x 3.70 m 10.17 ft x 12.14 ft
- Living 2nd Level 4.09 m x 4.84 m 13.42 ft x 15.88 ft
- Kitchen 2nd Level 2.50 m x 4.05 m 8.20 ft x 13.29 ft
- Bedroom 2nd Level 3.09 m x 3.72 m 10.14 ft x 12.20 ft
- Living 2nd Level 4.10 m x 4.84 m 13.45 ft x 15.88 ft
- Living 3rd Level 6.06 m x 3.32 m 19.88 ft x 10.89 ft
- Kitchen 3rd Level 3.05 m x 3.54 m 10.01 ft x 11.61 ft
- Bedroom 3rd Level 4.39 m x 2.41 m 14.40 ft x 7.91 ft
- Living Basement Level 3.97 m x 4.87 m 13.02 ft x 15.98 ft
- Kitchen Basement Level 3.98 m x 3.29 m 13.06 ft x 10.79 ft
- Primary Bedroom Basement Level 2.91 m x 4.56 m 9.55 ft x 14.96 ft
- 2nd Bedroom Basement Level 2.87 m x 3.63 m 9.42 ft x 11.91 ft
- Office Basement Level 2.39 m x 3.87 m 7.84 ft x 12.70 ft
- Living Main Level 4.08 m x 4.88 m 13.39 ft x 16.01 ft
- Kitchen Main Level 3.00 m x 4.01 m 9.84 ft x 13.16 ft
- Bedroom Main Level 3.09 m x 3.73 m 10.14 ft x 12.24 ft
- Living Main Level 4.08 m x 4.90 m 13.39 ft x 16.08 ft
- Kitchen Main Level 2.53 m x 4.01 m 8.30 ft x 13.16 ft
- Bedroom Main Level 2.53 m x 4.01 m 8.30 ft x 13.16 ft
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Market Price Trends
Location of 345 LOUISA STREET, Kitchener, Ontario, N2H 5N1
Demographic Information of 345 LOUISA STREET, Kitchener, Ontario, N2H 5N1
Life Stage
Young CouplesEmployment Type
Service Sector/White CollarAverage Household Income
$105,429.05Average Number of Children
1.63Household Population
Household Structure
Age of Population
Education
Education Level
No certificate/diploma/degree
9.96 %High school certificate or equivalent
28.12 %Apprenticeship trade certificate/diploma
6.99 %College/non-university certificate
18.75 %University certificate (below bachelor)
1.35 %University Degree
34.82 %Commuter
Travel To Work
By Car
81.77 %By Public Transit
8.02 %By Walking
4.16 %By Bicycle
2.56 %By Other Methods
3.49 %Cultural Diversity
Knowledge of Official Language
Mother Tongue
Building Information
Building Type
Apartments (Low and High Rise)
45.44 %Houses
54.56 %