202 BREITHAUPT Street

About this home

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. (id:66966)

Details

Type

Multiplex

Size

2788 sq ft

Basement

Unfinished, Full

Garage

Garage

Property tax

$7,140

Neighbourhood

Uptown Waterloo/North Ward

Municipality

Kitchener

Interior

Fireplace

No

Heating, cooling and services

Water and sewer

Municipal sewage system

Building and exterior

Year built

1985

Parking

Total parking

15

Driveway and parking

Detached Garage, Open

Location

Location is approximate. See nearby homes on the map