183 LOUISA STREET, Kitchener

$800,000

For sale: Other

Other at 183 LOUISA STREET, Kitchener
Property type
Other
Bedrooms / bathrooms
1 bedroom, 3 bathrooms
Living area
2,000 sqft
MLS®
MLS® X13514914

Fully tenanted mixed-use property on a 66.60 126 ft lot , situated directly opposite 178 Louisa Street. Three income-producing units: a premium barbershop occupying the commercial unit with its own entrance, dedicated furnace, and business driveway; Unit A - fully renovated 2018, 3 bedrooms plus 1-bedroom basement suite, separate laundry; Unit B - 2 bedrooms, full bathroom, separate laundry. Detached double car garage (additional income potential). Roof replaced 2018. Central AC 2019. Two separate hydro meters. 10 parking spaces across 2 driveways. All units fully tenanted - income from possession date. Less than 1 km from Google HQ, downtown Kitchener, and GO Station. ION LRT corridor adjacent. Redevelopment potential - can be rebuilt as duplex, five-plex, or other residential configuration. Real property only - business not included. Must be purchased together with 178 Louisa Street, Kitchener. Combined price: $6,800,000( Mls # X13514898)

Sold data

Homes in Kitchener — recent sold market

Homes in Kitchener took a median of 18 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 35, across 575 recorded sales.

The median sale price was $655,000.

Homes sold for about 1.1% below asking on average, so there was room to negotiate.

About 39% of sales closed above the list price.

Around 15% of sellers reduced their price before finding a buyer.

Median days to sell
18
Median sale price
$655,000
Sale-to-list ratio
98.9%
Sold above asking
39%

Based on 575 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Kitchener

Kitchener has 66 Fraser Institute–rated schools (57 elementary and 9 secondary), averaging 5.8/10.

Rated schools
66
Elementary
57
Secondary
9
Average rating
5.8 / 10

Top-rated schools in Kitchener

  • David Saint-Jacques — secondaryFraser rating 8.4/10
  • St. Josephine Bakhita — elementaryFraser rating 7.9/10
  • J W Gerth — elementaryFraser rating 7.7/10
  • Pope John Paul II — elementaryFraser rating 7.6/10
  • St Teresa — elementaryFraser rating 7.6/10
  • Cameron Heights — secondaryFraser rating 7.5/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 183 LOUISA STREET