$1,249,000
 $6,705 est/mo Sourced by Back At You

744 Queen Street S,Kitchener, ON N2M 1A4

Kitchener, ON N2M 1A4

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Description

Prime Cash-Flow Opportunity at 744 Queen St S, Kitchener! Discover this fully tenanted 6-unit mixed-use gem on a high-traffic corner in one of Kitchener’s strongest rental markets. The property features four 1-bedroom units, one spacious 3-bedroom unit, and one commercial space with excellent street visibility, delivering strong, diversified income from long-term tenants right from day one. Boasting 11 parking spaces, a solid 1940s-built structure (approx. 3,000-3,500 sq ft) on a generous 40 x 114 ft lot, this turnkey investment offers outstanding tenant retention and hassle-free management. Just steps to transit, parks, schools, Highland Rd amenities, the Iron Horse Trail, and downtown Kitchener, it sits in a high-demand location with clear value-add potential. Stable cash flow, scalable upside, and a proven locationideal for investors ready to grow their portfolio today.

Details

MLS #40850054
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1945
Days On Site49
Listing Provided ByRE/MAX Real Estate Centre Inc. | Adam Bendig

Features

Bed(s)7
Bath(s)6
SQ Feet3,073
Garage2
BasementY
Story(s)2
Units3
ZoningR2
Acreage0.11

Interior

AppliancesWater Softener
Interior FeaturesBuilt-In Appliances, Separate Hydro Meters
CoolingOther
Cooling Yes / NoNo
HeatingForced Air, Natural Gas
Heating Yes / NoYes
Laundry FeaturesIn-Suite

Exterior

Exterior FeaturesBalcony
Lot FeaturesIrregular Lot, City Lot, High Traffic Area, Hospital, Park, Playground Nearby, Public Parking, Public Transit, Rec./Community Centre, Shopping Nearby, Trails, Other
Construction MaterialsBrick
RoofAsphalt Shing, Flat
Foundation DetailsPoured Concrete, Other
Patio And Porch FeaturesDeck

Parking

Garage Spaces2
Parking FeaturesAttached Garage, Asphalt, Mutual/Shared, Assigned
Open Parking Yes / NoYes
Attached Garage Yes / NoYes

Utilities

SewerSewer (Municipal)

Taxes

Tax Annual Amount6158

Area Information

ProvinceON
CountyWaterloo
CityKitchener
Postal CodeN2M 1A4
Area3 Kitchener West
Subarea313 Downtown Kitchener | West Ward
Community Name313 Downtown Kitchener/West Ward
Listing VS Median (in 313 Downtown Kitchener/West Ward)
Price:
$1,249,000
low | high
Med:
$2,350
100% of Average
sqft:
3,073
low | high
Med:
735
100% of Average
$ / sqft:
$406
low | high
Med:
$3
100% of Average
On site:
49
low | high
Med:
14
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CountyWaterloo
CityKitchener
Postal CodeN2M 1A4
Area3 Kitchener West
Subarea313 Downtown Kitchener | West Ward
Community Name313 Downtown Kitchener/West Ward
Listing VS Median (in 313 Downtown Kitchener/West Ward)
Price:
$1,249,000
low | high
Med:
$2,350
100% of Average
sqft:
3,073
low | high
Med:
735
100% of Average
$ / sqft:
$406
low | high
Med:
$3
100% of Average
On site:
49
low | high
Med:
14
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $936K - $1.561M
sqft: 2,000 - 3,500
Nearby Listings Property ImageNearby Listings Details
11 Belmont Avenue W Property Photo 1
$1,395,000
11 Belmont Avenue W
Kitchener, ON N2M 1L2
11 Belmont Avenue W Property Photo 1
$1,395,000
11 Belmont Avenue W
Kitchener, ON N2M 1L2
Listing Updated: July 21, 2026 at 1:55:21 PM PDT