744 QUEEN STREET S, Kitchener
$1,249,000
For sale: Multiplex
- Property type
- Multiplex
- Bedrooms / bathrooms
- 1 bedroom, 6 bathrooms
- Living area
- 3,500 sqft
- MLS®
- MLS® X13663876
Prime Cash-Flow Opportunity at 744 Queen St S, Kitchener! Discover this fully tenanted 6-unit mixed-use gem on a high-traffic corner in one of Kitchener's strongest rental markets. The property features four 1-bedroom units, one spacious 3-bedroom unit, and one commercial space with excellent street visibility, delivering strong, diversified income from long-term tenants right from day one. Boasting 11 parking spaces, a solid 1940s-built structure (approx. 3,000-3,500 sq ft) on a generous 40 x 114 ft lot, this turnkey investment offers outstanding tenant retention and hassle-free management. Just steps to transit, parks, schools, Highland Rd amenities, the Iron Horse Trail, and downtown Kitchener, it sits in a high-demand location with clear value-add potential. Stable cash flow, scalable upside, and a proven location-ideal for investors ready to grow their portfolio today.Showing Remarks:
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 18 days and the slowest quarter taking more than 65, across 41 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 73 days.
The median sale price was $749,000.
Homes sold for about 3.6% below asking on average, so there was room to negotiate.
About 24% of sales closed above the list price.
Around 24% of sellers reduced their price before finding a buyer.
- Median days to sell
- 32
- Median sale price
- $749,000
- Sale-to-list ratio
- 96.4%
- Sold above asking
- 24%
Based on 41 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-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 744 QUEEN STREET S
$889,900
Detached432,000–2,500 sqft38 ROBERTA STREET, Woolwich
$978,888
Detached532,000–2,500 sqft406 SANDY COVE CRESCENT, Waterloo
$874,999
Detached431,500–2,000 sqft39 KILLALOE CRESCENT, Georgetown, Halton Hills
$884,900
Townhouse431,500–2,000 sqft16 RIDGEGATE CRESCENT, Georgetown, Halton Hills
$899,900
Detached4+231,100–1,500 sqft173 FAIRHILL AVENUE, Fletcher's Meadow, Brampton
$899,999
Detached5+131,500–2,000 sqft20 MCCULLOUGH CRESCENT, Georgetown, Halton Hills
$899,999
Detached4+131,100–1,500 sqft37 RODGERS ROAD, Kortright West, Guelph
$895,000
Detached4+231,100–1,500 sqft12 BROCK STREET, Pineridge/Westminster Woods, Guelph