Rates are coming down and this cap-rate is going up! Fantastic investment opportunity in the heart of Preston. With new investment
happening all around and a plan for future LRT nearby, this well maintained 7,412
sqft mixed-use building with quality, long term residential and commercial tenants
is a true turn-key opportunity. With mortgage rates continually dropping, this
investment currently operates at approx. 6.08% Cap Rate with a market-rate
potential closer to 8.59%. With 4 residential units and 2 commercial, this
building offers a good mix of income streams with fantastic upside potential. 2-
two bedroom units and 2 - one bedroom units on the upper levels. One of the
1-bedroom units will be vacating end of September, allowing market rate for new
rent bringing the potential cap rate to 6.66%! Main floor commercial with great
street exposure and long term leases. Potential for additional storage income.
Equipment is all owned, no rentals. Appliances included. Schedule a viewing todayMore details
LOCATION IS EVERYTHING! Excellent investment opportunity in a prime central location on King Street East in Downtown Kitchener. This fully leased (all leases month to month), mixed-use property features a high-visibility commercial frontage currently occupied by a barbershop, plus four well-maintained residential units. The site includes 11 parking spaces. Zoned MU-2 (Mixed Use), the property allows for a wide range of commercial and residential uses and strong potential for urban redevelopment. 2024 hydro: $2718.22 2024 Water and Gas: $4002.30 Repairs and Maintenance 2024: $4297.63More details
Spacious Duplex in Prestigious Wellesley Location - this distinctive 6-bedroom bungalow presents a rare opportunity to own a duplex with exceptional versatility. Custom-built and thoughtfully designed, the property combines functionality and income potential — ideal for large families, multi-generational living or investors seeking rental revenue.
The main residence features 5 bedrooms and 4 bathrooms across two levels. A welcoming foyer opens to a front bedroom or home office, a 2-piece bathroom, and convenient access to the triple car garage. The spacious living room with a gas fireplace flows into a bright, eat-in kitchen with a pantry and access to a sunroom addition overlooking the backyard deck. The lower level offers a large recreation room, 4 bedrooms (including a primary suite with a 3-piece ensuite), an additional 5-piece bathroom, a laundry room, a 1-piece bath with a hot tub, cold cellar, and a walk-up to the garage. A large workshop with its own 100-amp panel provides endless possibilities for hobbyists or trades.
The accessory apartment offers convenient main-floor living, complete with a full kitchen, living room, primary bedroom, and a 3 piece bathroom with in-suite laundry. Accessible via both the garage and backyard, this unit is ideal for extended family or as a source of supplementary income. Should your lifestyle needs change, it could also be easily reintegrated into the main home.
Outside, the property continues to impress with a triple car garage, parking for up to nine vehicles, a deck and pergola, mature trees for privacy, and a backyard that’s perfect for relaxing or entertaining.More details
This purpose-built semi-detached raised bungalow duplex is just minutes from downtown Baden. Timeless red brick curb appeal paired with modern, carpet-free interiors in both units. Each feature 3 bedrooms, 2 bathrooms, including a private ensuite in the primary and a bright open-concept layout making each space inviting and functional. The lower unit includes a walk-out to the backyard and storage under the porch, plus each unit enjoys 3 parking spaces (double-wide, triple-deep driveway). Set in a welcoming small-town community close to schools, parks, and local amenities, this property offers flexibility for families and investors alike. Move into one unit and let the other cover over $400,000 of your mortgage (based on 25-year amortization at 4.14%) or rent both units at market rates for a strong 5.03% cap rate with minimal future upkeep. Separate gas and hydro meters on each unit, water is one bill. Have you always wanted to live right next door to friends or family!? 38 Foundry is a mirror image and also up for sale - you can see staged upper level photos there.More details
Unlock the potential of this exceptional property! This purpose-built, turn-key, legal duplex with 2 self-contained vacant units offers an excellent opportunity for investors, as well as for first-time homebuyers looking to decrease their mortgage payments. Each unit has its own furnace, hot water heater and in-suite laundry, as well as hydro, water and gas meters. The upper unit boasts vaulted ceilings that are 10 ½ feet at their lowest point, built-in appliances, gas fireplace and lots of bright and spacious living space. The bright, well-lit lower unit, with its full height windows and 9 foot ceilings throughout, has great income-generating potential or is ideal for anyone looking for an independent in-law suite. Located on a large lot next to a greenspace with a walking trail and stream, this home is just minutes from schools, parks, restaurants, shopping venues and highway access. Don't miss out on this rare opportunity. Come see for yourself!More details
This purpose-built semi-detached raised bungalow duplex is just minutes from downtown Baden. Timeless red brick curb appeal paired with modern, carpet-free interiors in both units. Each feature 3 bedrooms, 2 bathrooms, including a private ensuite in the primary and a bright open-concept layout making each space inviting and functional. The lower unit includes a walk-out to the backyard and storage under the porch, plus each unit enjoys 3 parking spaces (double-wide, triple-deep driveway). Set in a welcoming small-town community close to schools, parks, and local amenities, this property offers flexibility for families and investors alike. Move into one unit and let the other cover over $400,000 of your mortgage (based on 25-year amortization at 4.14%) or rent both units at market rates for a strong 5.03% cap rate with minimal future upkeep. Separate gas and hydro meters on each unit, water is one bill. Have you always wanted to live right next door to friends or family!? 36 Foundry is a mirror image and also up for sale - you can see staged lower level photos there.More details
START FRESH FOURPLEX! Nestled in a peaceful, established neighborhood, this solid all-brick purpose built fourplex offers a rare investment opportunity. The property features four spacious 3-bedroom units with walk-up attic access for additional living or storage space. Additionally the basement presents potential for an additional unit, further enhancing future value. Ample on-site parking ideal for owner occupied user or investor. The property will be VACANT on closing, giving you complete flexibility to set market rents or customize for owner occupancy (ideal for a generational family living situation). Upgrades include : Furnace (2015), Roof (2017), Units 2 & 4 painted (2025) , Unit 2 & 4 Flooring upgrades (2025). Whether you’re an investor seeking strong rental income or a homeowner looking for a multi-unit property with growth potential, this fourplex delivers space, stability, and opportunity!More details
Smart two-unit split-entry bungalow offering spaciousness, income, and convenience. The sunlit upper level has three bedrooms, a family-room addition, and a beautifully renovated kitchen that anchors daily living. The lower suite is a true 1 bedroom with full kitchen/dining/living and large windows that feel warm and inviting; currently rented at $1,800+ per month to offset your mortgage (upper unit comes vacant). Location is excellent with quick access to the Expressway, desirable schools, public transit including iXpress to the University of Waterloo, shopping, proximity to St. Jacobs Market, walking distance to LRT. Ideal for first-time buyers or investors seeking a turnkey setup with flexibility and value.More details