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744 QUEEN Street S, Kitchener, Ontario, N2M 1A4

MLS® # 40850054
Investment For Sale In Mill Courtland Woodside Park, Kitchener, Ontario
$1,249,000
Brick exterior featuring multiple windows and a second-story balcony - 744 Queen Street S, Kitchener, ON - Outdoor
Red brick commercial building with multiple windows - 744 Queen Street S, Kitchener, ON - Outdoor
744 Queen Street S, Kitchener, ON - Outdoor
744 Queen Street S, Kitchener, ON - Outdoor
744 Queen Street S, Kitchener, ON - Outdoor With Exterior
Aerial view - 744 Queen Street S, Kitchener, ON - Outdoor With View
Aerial view of a commercial property with a brown-roofed building and an adjacent paved parking area - 744 Queen Street S, Kitchener, ON - Outdoor With View
Aerial perspective showcasing the property within a residential neighborhood - 744 Queen Street S, Kitchener, ON - Outdoor With View
Aerial perspective showcasing a property surrounded by mature trees, with a prominent street and urban skyline in the background - 744 Queen Street S, Kitchener, ON - Outdoor With View
Floor plan - 744 Queen Street S, Kitchener, ON - Other
Floor plan - 744 Queen Street S, Kitchener, ON - Other
Floor plan - 744 Queen Street S, Kitchener, ON - Other
Floor plan - 744 Queen Street S, Kitchener, ON - Other
Brick exterior featuring multiple windows and a second-story balcony - 744 Queen Street S, Kitchener, ON - Outdoor
Red brick commercial building with multiple windows - 744 Queen Street S, Kitchener, ON - Outdoor
744 Queen Street S, Kitchener, ON - Outdoor
744 Queen Street S, Kitchener, ON - Outdoor
744 Queen Street S, Kitchener, ON - Outdoor With Exterior
Aerial view - 744 Queen Street S, Kitchener, ON - Outdoor With View
Aerial view of a commercial property with a brown-roofed building and an adjacent paved parking area - 744 Queen Street S, Kitchener, ON - Outdoor With View
Aerial perspective showcasing the property within a residential neighborhood - 744 Queen Street S, Kitchener, ON - Outdoor With View
Aerial perspective showcasing a property surrounded by mature trees, with a prominent street and urban skyline in the background - 744 Queen Street S, Kitchener, ON - Outdoor With View
Floor plan - 744 Queen Street S, Kitchener, ON - Other
Floor plan - 744 Queen Street S, Kitchener, ON - Other
Floor plan - 744 Queen Street S, Kitchener, ON - Other
Floor plan - 744 Queen Street S, Kitchener, ON - Other
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744 QUEEN Street S, Kitchener, Ontario, N2M 1A4
$1,249,000

Property Information:

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. (id:27)

Building Features:

  • Style: Multiplex
  • Basement Development: Partially finished
  • Basement Type: Full
  • Exterior Finish: Brick
  • Floor Space: 3860 sqft Square Feet
  • Foundation Type: Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Appliances: Water softener

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Amenities Nearby: Hospital, Park, Playground, Public Transit, Shopping
  • Built in: 1945
  • Community Features: High Traffic Area, Community Centre
  • Features: Paved driveway, Shared Driveway
  • Floor Space (approx): 3860 Square Feet
  • Lot Depth: 114 Feet
  • Lot Frontage: 43 Feet
  • Zoning: R2
  • Sewer: Municipal sewage system
  • Parking Type: Attached garage, Open
  • No. of Parking Spaces: 11

Courtesy of: RE/MAX Real Estate Centre Inc.

REALTOR.ca  

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Market Price Trends

Single family detached

-4.7%

Price change (1 year)

27.8%

Price change (5 years)

All Properties

-4.84%

Price change (1 year)

29.11%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 744 QUEEN Street S, Kitchener, Ontario, N2M 1A4

Demographic Information of 744 QUEEN Street S, Kitchener, Ontario, N2M 1A4

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

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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