202 Breithaupt Street Kitchener, Ontario N2H 5H4

4 Bedroom 4 Bathroom 2,788 sqft
None

$799,000

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:47351)

Property Details

MLS® Number 40854589
Property Type Multi-family
Amenities Near By Park, Playground, Public Transit, Schools, Shopping
Equipment Type Water Heater
Parking Space Total 15
Rental Equipment Type Water Heater

Building

Bathroom Total 4
Bedrooms Total 4
Basement Development Unfinished
Basement Type Full (unfinished)
Constructed Date 1985
Cooling Type None
Exterior Finish Other
Stories Total 2
Size Interior 2,788 Sqft
Type Fourplex
Utility Water Municipal Water

Parking

Detached Garage
Open

Land

Acreage No
Land Amenities Park, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 158 Ft
Size Frontage 67 Ft
Size Irregular 0.242
Size Total 0.242 Ac|under 1/2 Acre
Size Total Text 0.242 Ac|under 1/2 Acre
Zoning Description Emp-1

https://www.realtor.ca/real-estate/30136771/202-breithaupt-street-kitchener