67 LOUISA STREET W, Kitchener

$1,750,000

For sale: Multiplex

Multiplex at 67 LOUISA STREET W, Kitchener
Property type
Fourplex
Bedrooms / bathrooms
9 bedrooms, 7 bathrooms
Living area
5,000 sqft
MLS®
MLS® X12998604

Rare opportunity to acquire an high-performing legal fourplex in the heart of Kitchener on a quiet, tree-lined street. With only one 1-bedroom unit currently available, a new owner has the flexibility to either select their own tenant or move into the unit themselves while benefiting from the income generated by the remaining suites. Located just a 2-minute walk from Google's Kitchener hub, the property sits in a Walker's Paradise with a Walk Score of 90+, offering immediate access to the ION LRT, GO Train, restaurants, amenities and major employers throughout Downtown Kitchener and Uptown Waterloo. The building features an excellent unit mix consisting of one 1-bedroom + den, one 2-bedroom + den and two spacious 3-bedroom units. Each unit has its own private entrance, in-suite laundry, individual heating controls and private outdoor space. Abundant on-site parking, with up to two spaces per unit, provides a significant advantage in this central location. Bright, spacious and newly renovated, the property has been well maintained and designed for minimal ongoing maintenance. Its diverse unit mix appeals to everyone from young professionals to families, providing both stable income and long-term flexibility for an investor. Currently generating an NOI of $100,000, this is a rare opportunity to secure an outperforming multi-residential asset in one of Waterloo Region's strongest technology and employment hubs, with existing income, tenant stability and additional upside.

Sold data

Multiplex homes in Kitchener — recent sold market

Multiplex homes in Kitchener took a median of 32 days to sell over the last 365 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 65, across 43 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 54 days.

The median sale price was $760,000.

Homes sold for about 3.2% below asking on average, so there was room to negotiate.

About 23% of sales closed above the list price.

Around 21% of sellers reduced their price before finding a buyer.

Median days to sell
32
Median sale price
$760,000
Sale-to-list ratio
96.8%
Sold above asking
23%

Based on 43 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. 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-JacquessecondaryFraser rating 8.4/10
  • St. Josephine BakhitaelementaryFraser rating 7.9/10
  • J W GerthelementaryFraser rating 7.7/10
  • Pope John Paul IIelementaryFraser rating 7.6/10
  • St TeresaelementaryFraser rating 7.6/10
  • Cameron HeightssecondaryFraser rating 7.5/10

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

Currently for sale

Homes for sale near 67 LOUISA STREET W