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17 LOUISA Street, Kitchener, Ontario, N2H 5L7

MLS® # 40801498

Investment For Sale In Kw Hospital, Kitchener, Ontario

$4,150,000

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Snow covered property with a view of apartment building / complex - 17 Louisa Street, Kitchener, ON - Outdoor With Facade

View of front of home with brick siding, a balcony, and french doors - 17 Louisa Street, Kitchener, ON - Outdoor With Facade

View of front facade featuring brick siding and a balcony - 17 Louisa Street, Kitchener, ON - Outdoor

17 Louisa Street, Kitchener, ON - Outdoor

Empty room with arched walkways and light wood-style floors - 17 Louisa Street, Kitchener, ON - Indoor Photo Showing Other Room

Empty room with arched walkways, radiator heating unit, and light wood finished floors - 17 Louisa Street, Kitchener, ON - Indoor Photo Showing Other Room

Kitchen featuring stainless steel appliances, white cabinets, light wood-type flooring, light stone countertops, and backsplash - 17 Louisa Street, Kitchener, ON - Indoor Photo Showing Kitchen

Kitchen with appliances with stainless steel finishes, white cabinets, light wood-style floors, decorative backsplash, and light stone countertops - 17 Louisa Street, Kitchener, ON - Indoor Photo Showing Kitchen

Bathroom featuring shower combination and vanity - 17 Louisa Street, Kitchener, ON - Indoor Photo Showing Bathroom

Utility room with water heater - 17 Louisa Street, Kitchener, ON - Indoor Photo Showing Basement

Snow covered property with a view of apartment building / complex - 17 Louisa Street, Kitchener, ON - Outdoor With Facade

View of front of home with brick siding, a balcony, and french doors - 17 Louisa Street, Kitchener, ON - Outdoor With Facade

View of front facade featuring brick siding and a balcony - 17 Louisa Street, Kitchener, ON - Outdoor

17 Louisa Street, Kitchener, ON - Outdoor

Empty room with arched walkways and light wood-style floors - 17 Louisa Street, Kitchener, ON - Indoor Photo Showing Other Room

Empty room with arched walkways, radiator heating unit, and light wood finished floors - 17 Louisa Street, Kitchener, ON - Indoor Photo Showing Other Room

Kitchen featuring stainless steel appliances, white cabinets, light wood-type flooring, light stone countertops, and backsplash - 17 Louisa Street, Kitchener, ON - Indoor Photo Showing Kitchen

Kitchen with appliances with stainless steel finishes, white cabinets, light wood-style floors, decorative backsplash, and light stone countertops - 17 Louisa Street, Kitchener, ON - Indoor Photo Showing Kitchen

Bathroom featuring shower combination and vanity - 17 Louisa Street, Kitchener, ON - Indoor Photo Showing Bathroom

Utility room with water heater - 17 Louisa Street, Kitchener, ON - Indoor Photo Showing Basement

Advertising

17 LOUISA Street, Kitchener, Ontario, N2H 5L7

$4,150,000

Property Information:

Well-maintained 22-unit apartment property in Uptown Waterloos desirable North Ward, consisting of two neighbouring buildings on separate lots being sold together. The suite mix includes 3 bachelor units and 19 one-bedroom units, offering excellent rental appeal for singles and couples. Both buildings are professionally managed and benefit from steady tenant demand in this central, walkable location near transit, shopping, dining, and amenities. With current rents below market, there is significant upside potential through turnover and strategic renovations. A rare opportunity to acquire a stable, income-producing asset with long-term value growth in one of Waterloo Regions most sought-after neighbourhoods. (id:27)

Building Features:

Style: Multiplex
Basement Development: Finished
Basement Type: Partial
Exterior Finish: Brick
Floor Space: 8200 sqft
Heating Fuel: Natural gas
Cooling Type: None
Appliances: Water softener

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Amenities Nearby: Hospital, Park, Public Transit, Shopping
Features: Laundry- Coin operated
Floor Space (approx): 8200 Square Feet
Lot Frontage: 64 Feet
Zoning: R2
Sewer: Municipal sewage system
Parking Type: Open
No. of Parking Spaces: 11

Courtesy of: Real Broker Ontario Ltd.

Rating:

Notes:

Market Price Trends

Location of 17 LOUISA Street, Kitchener, Ontario, N2H 5L7

Lifestyle
Neighbourhood

Demographic Information of 17 LOUISA Street, Kitchener, Ontario, N2H 5L7

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$121,581.69

Average Number of Children

1.57

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.9 %

High school certificate or equivalent

23.57 %

Apprenticeship trade certificate/diploma

5.85 %

College/non-university certificate

16.49 %

University certificate (below bachelor)

2.36 %

University Degree

40.83 %

Commuter

Travel To Work

By Car

74.5 %

By Public Transit

11.09 %

By Walking

12.07 %

By Bicycle

0.8 %

By Other Methods

1.54 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

63.75 %

Houses

36.25 %

Own Vs. Rent

17 LOUISA Street, Kitchener, Ontario, N2H 5L7 $4,150,000 MLS® # 40801498