Charming 12-unit brownstone in Kitchener’s sought-after Mount Hope neighbourhood, steps to the ION LRT, Kitchener GO Station, hospitals, parks, and downtown amenities. Built in 1942 and extensively updated, the property features all one-bedroom suites with modern kitchens, stainless steel appliances, luxury plank flooring, and on-site laundry. Current NOI $110,733, representing a 5% cap rate at asking price. Seven surface parking spaces (off-site). Strong rental demand from professionals, healthcare workers, and students. HST in addition to purchase price where applicable. Confidential rent roll and P&L available upon execution of a Confidentiality Agreement.
Property Type:
Residential Income
Property SubType:
Multi Family
Listing General Location:
114 - Uptown Waterloo/North Ward, 1 - Waterloo East
Data was last updated August 30, 2025 at 03:50 PM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$2,250,000
Min list price:
$679,900
Max list price:
$9,999,999
Avg days on market:
29
Min days on market:
10
Max days on market:
124
Avg price per sq.ft.:
$457.85
These statistics are generated based on the current listing's property type
and located in
114 - Uptown Waterloo/North Ward. Average values are
derived using median calculations. This data is not produced by the MLS® system.