Market activity for 67 Louisa Street
No listing history available
This is the first time this property is listed
Rare opportunity to acquire an high-performing legal fourplex in the heart of Kitchener on a quiet, tree-lined street. With only one 1-bedroomunit currently available, a new owner has the flexibility to either select their own tenant or move into the unit themselves while benefiting from the income generated by the remaining suites. Located just a 2-minute walk from Google's Kitchener hub, the property sits in a Walker's Paradise with a Walk Score of 90+, offering immediate access to the ION LRT, GO Train, restaurants, amenities and major employers throughout Downtown Kitchener and Uptown Waterloo. The building features an excellent unit mix consisting of one 1-bedroom + den, one 2-bedroom +den and two spacious 3-bedroom units. Each unit has its own private entrance, in-suite laundry, individual heating controls and private outdoor space. Abundant on-site parking, with up to two spaces per unit, provides a significant advantage in this central location. Bright, spacious and newly renovated, the property has been well maintained and designed for minimal ongoing maintenance. Its diverse unit mix appeals to everyone from young professionals to families, providing both stable income and long-term flexibility for an investor. Currently generating an NOI of $100,000, this is a rare opportunity to secure an outperforming multi-residential asset in one of Waterloo Region's strongest technology and employment hubs, with existing income, tenant stability and additional upside.
16.11 x 9.55 Feet
Level: Basement
11.48 x 14.7 Feet
Level: Basement
9.35 x 14.93 Feet
Level: Basement
15.19 x 22.34 Feet
Level: Basement
3.71 x 13.42 Feet
Level: Basement
4.59 x 8.6 Feet
Level: Basement
10.5 x 13.39 Feet
Level: Main
10.43 x 12.47 Feet
Level: Main
12.73 x 12.89 Feet
Level: Main
7.45 x 10.4 Feet
Level: Main
12.63 x 26.71 Feet
Level: Main
9.51 x 17.26 Feet
Level: Second
11.29 x 16.93 Feet
Level: Second
8.86 x 13.09 Feet
Level: Upper
11.91 x 15.42 Feet
Level: Upper
9.28 x 12.07 Feet
Level: Second
9.22 x 11.06 Feet
Level: Second
5.64 x 12.93 Feet
Level: Second
13.02 x 11.94 Feet
Level: Second
8.43 x 10.5 Feet
Level: Second
Provincial Tax (Ontario)
$31,455
