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183 Ottawa Street S, Kitchener, ON, N2G 3T3

MLS® # 40684437
new listing
Commercial For Sale In Mill Courtland Woodside Park, Kitchener, Ontario
$1,499,000

7 Beds

0 Baths

183 Ottawa Street S, Kitchener, ON
183 Ottawa Street S, Kitchener, ON
183 Ottawa Street S, Kitchener, ON
183 Ottawa Street S, Kitchener, ON
183 Ottawa Street S, Kitchener, ON
183 Ottawa Street S, Kitchener, ON
183 Ottawa Street S, Kitchener, ON
183 Ottawa Street S, Kitchener, ON
183 Ottawa Street S, Kitchener, ON
183 Ottawa Street S, Kitchener, ON
183 Ottawa Street S, Kitchener, ON
183 Ottawa Street S, Kitchener, ON
183 Ottawa Street S, Kitchener, ON
183 Ottawa Street S, Kitchener, ON
183 Ottawa Street S, Kitchener, ON
183 Ottawa Street S, Kitchener, ON
183 Ottawa Street S, Kitchener, ON
183 Ottawa Street S, Kitchener, ON
183 Ottawa Street S, Kitchener, ON
183 Ottawa Street S, Kitchener, ON
183 Ottawa Street S, Kitchener, ON
183 Ottawa Street S, Kitchener, ON
183 Ottawa Street S, Kitchener, ON
183 Ottawa Street S, Kitchener, ON
183 Ottawa Street S, Kitchener, ON
183 Ottawa Street S, Kitchener, ON
183 Ottawa Street S, Kitchener, ON
183 Ottawa Street S, Kitchener, ON
183 Ottawa Street S, Kitchener, ON
183 Ottawa Street S, Kitchener, ON
183 Ottawa Street S, Kitchener, ON
183 Ottawa Street S, Kitchener, ON
183 Ottawa Street S, Kitchener, ON
183 Ottawa Street S, Kitchener, ON
183 Ottawa Street S, Kitchener, ON
183 Ottawa Street S, Kitchener, ON
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ACTIVE
183 Ottawa Street S, Kitchener, ON, N2G 3T3
$1,499,000

7 Beds

0 Baths

Property Information:

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.

Inclusions: All Units Refrigerators And Stoves Included In Sale

Exclusions : All Tenants Belongings

Building Features:

  • Floor Space: 7446.72

Property Features:

  • Bedrooms: 7
  • Acres Range: < 0.5
  • Basement: Full
  • Construction Materials: Brick
  • Floor Space (approx): 7446.72 Square Feet
  • Lot Depth: 100 Feet
  • Lot Features: Highway Access, Public Transit, Schools
  • Lot Frontage: 43.00 Feet
  • Parking Features: Attached Garage, Built-In
  • Water Source: Municipal
  • Zoning: L1
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 2

Courtesy of: RE/MAX TWIN CITY REALTY INC. BROKERAGE-2, RE/MAX TWIN CITY REALTY INC., BROKERAGE

Data provided by: Kitchener-Waterloo Association of REALTORS® 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Location of 183 Ottawa Street S, Kitchener, ON, N2G 3T3

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

34 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

52/100

Moderate

ClimateCheck®

Current data

This property, 183 Ottawa Street S, experiences 7 hot days per year at around 30.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.3 degrees Celsius.

Projected Avg. Temperature

Past
30.8℃
2050
34.3℃

# Hot Days Per Year

Past
7
2050
34

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

64/100

Moderate-High

ClimateCheck®

Current data

This property, 183 Ottawa Street S, experiences 11 significant 2-day storms per year, with about 320.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 397.8mm of precipitation per year.

Precipitation Per Storm

Past
320.2mm
2050
397.8mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 183 Ottawa Street S, Kitchener, ON, N2G 3T3

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$93,533.93

Average Number of Children

1.57

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.01 %

High school certificate or equivalent

29.79 %

Apprenticeship trade certificate/diploma

5.3 %

College/non-university certificate

23.22 %

University certificate (below bachelor)

1.8 %

University Degree

22.87 %

Commuter

Travel To Work

By Car

89.67 %

By Public Transit

4.91 %

By Walking

3.37 %

By Bicycle

0.01 %

By Other Methods

2.04 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

33.04 %

Houses

66.96 %

Own Vs. Rent

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