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744-746 Queen Street S, Kitchener, ON, N2M 1A4

MLS® # 40655187
Investment For Sale In Victoria Park, Kitchener, Ontario
$1,625,000
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
744-746 Queen Street S, Kitchener, ON
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Home Insurance - TD Insurance
Get a home insurance quote online for this $1,625,000 property in Kitchener
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Home Insurance - TD Insurance

Get a home insurance quote online for this $1,625,000 property in Kitchener

Provided by TD Insurance
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744-746 Queen Street S, Kitchener, ON, N2M 1A4
$1,625,000

Property Information:

Discover a prime investment property perfectly situated in the heart of Kitchener. Located northeast of Highland Road West and Queen Street South, this multi-family property is nestled in the vibrant downtown West Ward community, offering unparalleled convenience and accessibility.Location Highlights: Exceptional Connectivity, Easy access to public transportation, including the nearby ION station, as well as bike trails and major arterial roads. Outstanding Walk Score of 81: Most daily errands can be accomplished on foot, making it a highly desirable location for tenants.Proximity to Amenities: Just a short walk to trails, parks, grocery stores, playgrounds, shopping, and other essential amenities.Close to Employment and Innovation Hubs: Conveniently located near tech firms, downtown businesses, and other employment opportunities.Property Features: This multi-family property has been extensively upgraded over the past decade, ensuring modern comforts and reliability. Key improvements include: Interior renovations of multiple units, Installation of new appliances, Addition of water softener, furnaces, and air conditioning system, Upgraded ductwork and commercial unit doors, New railings, deck, and garage roof, Installation of leaf guards and an egress window.Unique Attributes: Fully tenanted, providing immediate rental income for buyers. Includes a commercial unit, offering mixed-use potential. Assigned parking for most units and ample parking space for tenants. This property represents a rare opportunity to acquire a well-maintained, income-generating asset in a high-demand location. Whether you're looking to diversify your portfolio or make a strategic investment, this property ticks all the boxes. Don't miss out! Act now to secure this incredible investment opportunity. Reach out today to schedule a viewing and take the first step toward adding this gem to your real estate portfolio.

Inclusions: Carbon Monoxide Detector,Smoke Detector,Seller Owns 5 Fridges, 5 Stoves, 1 Stackable Washer /Drier Combo, 2 Washer And 2 Dryer (Individual Units), 1 Air Conditioner, 1 Water Softener, 2 Furnaces.

Exclusions : All Tenant Belongings Are Excluded From The Sale. Hot Water Heaters Are Rented From The City.

Building Features:

  • Floor Space: 3318 Square Feet

Property Features:

  • Bedrooms: 0
  • Acres Range: < 0.5
  • Basement: Walk-Up Access, Full, Partially Finished
  • Built in: 1945
  • Construction Materials: Brick
  • Cooling: Other
  • Driveway Parking: Outside/Surface/Open
  • Exterior Features: Balcony
  • Floor Space (approx): 3318 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: Built-In Appliances, Separate Hydro Meters
  • Laundry Features: In-Suite
  • Lot Depth: 111 Feet
  • Lot Features: Irregular Lot, City Lot, High Traffic Area, Hospital, Park, Playground Nearby, Public Parking, Public Transit, Rec./Community Centre, Shopping Nearby, Trails, Other
  • Lot Frontage: 43.00 Feet
  • Other Structures: None
  • Parking Features: Attached Garage, Asphalt, Mutual/Shared, Assigned
  • Roof: Asphalt Shing
  • Security Features: Carbon Monoxide Detector, Smoke Detector, Carbon Monoxide Detector(s)
  • Water Source: Municipal
  • Zoning: COM 1
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 11

Courtesy of: RIGHT AT HOME REALTY BROKERAGE UNIT 36

Data provided by: Mississauga Real Estate Board 3450 Ridgeway Dr. #1, Mississauga, Ontario L5L 0A2
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 744-746 Queen Street S, Kitchener, ON, N2M 1A4

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, 744-746 Queen 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, 744-746 Queen 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 744-746 Queen Street S, Kitchener, ON, N2M 1A4

Life Stage

Older Families

Employment Type

Service Sector/White Collar

Average Household Income

$107,284.06

Average Number of Children

1.61

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.15 %

High school certificate or equivalent

28.85 %

Apprenticeship trade certificate/diploma

5.09 %

College/non-university certificate

22.51 %

University certificate (below bachelor)

0.87 %

University Degree

27.53 %

Commuter

Travel To Work

By Car

80.27 %

By Public Transit

8.59 %

By Walking

7.76 %

By Bicycle

0.79 %

By Other Methods

2.59 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

56.02 %

Houses

43.98 %

Own Vs. Rent

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