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  • C$1,425,000

    183 Ottawa St S, Kitchener, ON N2G 3T3

    --beds
    7baths
    7,447sqft
    Multi-6-9 Unit, Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    C$191/sqft
    C$-- HOA

    What's special

    Prime Investment Opportunity in Downtown Kitchener located along the LRT tracks and just 450 meters from the station, this 7-unit property offers exceptional accessibility and convenience. Spanning 7,447 sq. ft. of above-grade space, it provides a rare opportunity to expand to 9 units plus a garage and full basement, unlocking additional income potential. Currently generating a reliable NOI of $73,000, the property promises substantial growth in a high-demand rental market. Surrounded by many amenities and steps from transit, it’s an ideal investment for those seeking to maximize returns or leverage its mixed-use potential. Vendor Take-Back (VTB) Financing is Available.

    Zillow last checked: 7 hours ago

    Listing updated: March 16, 2025 at 09:15pm

    Listed by:

    Tony Johal, Broker,

    RE/MAX TWIN CITY REALTY INC. BROKERAGE-2

    Source: ITSO,MLS®#: 40683779Originating MLS®#: Waterloo Region Association of REALTORS® (WRAR)

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 7
    Heating
    • Electric, Fireplace(s), Natural Gas, Other
    Cooling
    • Other
    Appliances
    • Included: Dryer, Refrigerator, Stove, Washer
    • Laundry: In-Suite, Other
    Features
    • Accessory Apartment, Separate Heating Controls, Separate Hydro Meters
    • Basement: Separate Entrance,Full,Unfinished
    • Has fireplace: Yes
    Interior area
    • Total structure area: 7,446
    • Total interior livable area: 7,446 sqft
    • Finished area above ground: 7,446

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached Garage, Built-In, Lane/Alley Parking
    • Attached garage spaces: 1
    • Uncovered spaces: 1
    Accessibility
    • Accessibility features: Multiple Entrances
    Features
    • Frontage length: 43.00
    Lot
    • Size: 4,300 sqft
    • Dimensions: 100 x 43
    • Features: Near Golf Course, Highway Access, Park, Place of Worship, Playground Nearby, Public Transit, Rec./Community Centre, Schools, Shopping Nearby
    Details
    • Parcel number: 225790050
    • Zoning: L1

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi-6-9 Unit, Multi Family
    Materials
    • Brick
    • Foundation: Concrete Block
    • Roof: Asphalt Shing
    Condition
    • 51-99 Years
    • New construction: No

    Utilities & green energy

    • Sewer: Sewer (Municipal)
    • Water: Municipal

    Community & neighborhood

    Location
    • Region: Kitchener
    Services availability