202 Breithaupt Street,Kitchener, ON N2H 5H4
Kitchener, ON N2H 5H4
Description
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.
Details
| MLS # | 40854589 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1985 |
| Days On Site | 17 |
| Listing Provided By | Royal LePage Wolle Realty | Matt Bowlby |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 2,788 |
| Garage | 4 |
| Basement | Y |
| Story(s) | 2 |
| Units | 4 |
| Zoning | EMP-1 |
| Acreage | 0.24 |
Interior
| Appliances | Refrigerator, Stove |
|---|---|
| Interior Features | Other |
| Cooling | None |
| Cooling Yes / No | No |
| Heating | Radiator |
| Heating Yes / No | Yes |
| Laundry Features | None |
Exterior
| Lot Features | City Lot, Open Spaces, Park, Playground Nearby, Public Transit, Schools, Shopping Nearby, Trails |
|---|---|
| Construction Materials | Cement Siding, Other |
| Roof | Asphalt Shing |
Parking
| Garage Spaces | 4 |
|---|---|
| Parking Features | Detached Garage |
| Open Parking Yes / No | Yes |
| Attached Garage Yes / No | No |
Utilities
| Sewer | Sewer (Municipal) |
|---|
Taxes
| Tax Annual Amount | 7140 |
|---|
Area Information
| Province | ON |
|---|---|
| County | Waterloo |
| City | Kitchener |
| Postal Code | N2H 5H4 |
| Area | 1 Waterloo East |
| Subarea | 114 Uptown Waterloo | North Ward |
| Community Name | 114 Uptown Waterloo/North Ward |
| Listing VS Median (in 114 Uptown Waterloo/North Ward) | |
Price: $799,000 low | high Med: $449,450 sqft: 2,788 low | high Med: 1,021 $ / sqft: $287 low | high Med: $445 On site: 17 low | high Med: 72.5 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Waterloo |
| City | Kitchener |
| Postal Code | N2H 5H4 |
| Area | 1 Waterloo East |
| Subarea | 114 Uptown Waterloo | North Ward |
| Community Name | 114 Uptown Waterloo/North Ward |
| Listing VS Median (in 114 Uptown Waterloo/North Ward) | |
Price: $799,000 low | high Med: $449,450 sqft: 2,788 low | high Med: 1,021 $ / sqft: $287 low | high Med: $445 On site: 17 low | high Med: 72.5 | |
