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:61499)
| MLS® Number | 40854589 |
| Property Type | Multi-family |
| AmenitiesNearBy | Park, Playground, Public Transit, Schools, Shopping |
| EquipmentType | Water Heater |
| ParkingSpaceTotal | 15 |
| RentalEquipmentType | Water Heater |
| BathroomTotal | 4 |
| BedroomsTotal | 4 |
| BasementDevelopment | Unfinished |
| BasementType | Full (unfinished) |
| ConstructedDate | 1985 |
| CoolingType | None |
| ExteriorFinish | Other |
| StoriesTotal | 2 |
| SizeInterior | 2788 Sqft |
| Type | Fourplex |
| UtilityWater | Municipal Water |
| Detached Garage | |
| Open |
| Acreage | No |
| LandAmenities | Park, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| SizeDepth | 158 Ft |
| SizeFrontage | 67 Ft |
| SizeIrregular | 0.242 |
| SizeTotal | 0.242 Ac|under 1/2 Acre |
| SizeTotalText | 0.242 Ac|under 1/2 Acre |
| ZoningDescription | Emp-1 |
https://www.realtor.ca/real-estate/30136771/202-breithaupt-street-kitchener
Contact us for more information
Matt Bowlby
Salesperson
Compare listings
Compare