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.
| MLS # | 40850054 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1945 |
| Days On Site | 49 |
| Listing Provided By | RE/MAX Real Estate Centre Inc. | Adam Bendig |
| Bed(s) | 7 |
|---|---|
| Bath(s) | 6 |
| SQ Feet | 3,073 |
| Garage | 2 |
| Basement | Y |
| Story(s) | 2 |
| Units | 3 |
| Zoning | R2 |
| Acreage | 0.11 |
| Appliances | Water Softener |
|---|---|
| Interior Features | Built-In Appliances, Separate Hydro Meters |
| Cooling | Other |
| Cooling Yes / No | No |
| Heating | Forced Air, Natural Gas |
| Heating Yes / No | Yes |
| Laundry Features | In-Suite |
| Exterior Features | Balcony |
|---|---|
| Lot Features | Irregular Lot, City Lot, High Traffic Area, Hospital, Park, Playground Nearby, Public Parking, Public Transit, Rec./Community Centre, Shopping Nearby, Trails, Other |
| Construction Materials | Brick |
| Roof | Asphalt Shing, Flat |
| Foundation Details | Poured Concrete, Other |
| Patio And Porch Features | Deck |
| Garage Spaces | 2 |
|---|---|
| Parking Features | Attached Garage, Asphalt, Mutual/Shared, Assigned |
| Open Parking Yes / No | Yes |
| Attached Garage Yes / No | Yes |
| Sewer | Sewer (Municipal) |
|---|
| Tax Annual Amount | 6158 |
|---|
| Province | ON |
|---|---|
| County | Waterloo |
| City | Kitchener |
| Postal Code | N2M 1A4 |
| Area | 3 Kitchener West |
| Subarea | 313 Downtown Kitchener | West Ward |
| Community Name | 313 Downtown Kitchener/West Ward |
| Listing VS Median (in 313 Downtown Kitchener/West Ward) | |
Price: $1,249,000 low | high Med: $2,350 sqft: 3,073 low | high Med: 735 $ / sqft: $406 low | high Med: $3 On site: 49 low | high Med: 14 | |
| Province | ON |
|---|---|
| County | Waterloo |
| City | Kitchener |
| Postal Code | N2M 1A4 |
| Area | 3 Kitchener West |
| Subarea | 313 Downtown Kitchener | West Ward |
| Community Name | 313 Downtown Kitchener/West Ward |
| Listing VS Median (in 313 Downtown Kitchener/West Ward) | |
Price: $1,249,000 low | high Med: $2,350 sqft: 3,073 low | high Med: 735 $ / sqft: $406 low | high Med: $3 On site: 49 low | high Med: 14 | |
![]() | $1,395,00011 Belmont Avenue WKitchener, ON N2M 1L2 |
![]() | $1,395,00011 Belmont Avenue WKitchener, ON N2M 1L2 |