67 Louisa Street
Kitchener, Waterloo ON N2H 5L9
$1,749,000
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.
| List Price: | $1,749,000 |
|---|---|
| Property Sub Type: | Multi-4 Unit |
| Bedrooms Total: | 9 |
| Tax Annual Amount: | $7,578 |
| Lot Size Acres: | 0.149 |
| Waterfront?: | No |
| County Or Parish: | Waterloo |
| Year Built: | 1912 |
| Appliances: | Hot Water Tank Owned, Dryer, Refrigerator, Stove, Washer |
| Lot Features: | Irregular Lot, Hospital, Place of Worship, Public Transit, School Bus Route, Schools, Shopping Nearby |
| State Or Province: | ON |
| Foundation Details: | Poured Concrete |
| Lot Size Area: | 0.149 |
| Basement: | Separate Entrance, Full, Finished |
| Building Area Total: | 4,723 |
| Above Grade Finished Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Open Parking?: | Yes |
| Parcel Number: | 223180088 |
| Sewer: | Sewer (Municipal) |
| Exclusions: | One Rental Water Heater |
| Farm Land Area Units: | Square Feet |
| Frontage Type: | South |
| MLS Area Minor: | 313 - Downtown Kitchener/West Ward |
| Above Grade Finished Area: | 4,723 |
| Direction Faces: | North |
| Hst Applicable To Sale Price: | No |
| Heating Expenses: | 4,104 |
| Survey Type: | None |
| Under Contract: | Hot Water Heater |
| Year Roof Replaced: | 2,021 |
| Lot Size Source: | GeoWarehouse |
| Open Parking Spaces: | 5 |
| Number Of Dryers 1: | 1 |
| Number Of Refrigerators 1: | 1 |
| Number Of Stoves 1: | 1 |
| Number Of Washers 1: | 1 |
| Unit Number 1: | bsmt |
| Unit Type Net Sq Ft 1: | 1124 |
| Baths Total 1: | 1 |
| Beds Total 1: | 1 |
| Description 1: | 1 bed plus den (lower Level) |
| Total Rent 1: | 21000 |
| Unit Type 1: | 1 Bedroom |
| Number Of Dryers 2: | 1 |
| Number Of Refrigerators 2: | 1 |
| Number Of Stoves 2: | 1 |
| Number Of Washers 2: | 1 |
| Unit Type Net Sq Ft 2: | 896 |
| Baths Total 2: | 1 |
| Beds Total 2: | 3 |
| Description 2: | 3 bed 1 bath First Floor front |
| Total Rent 2: | 33000 |
| Unit Type 2: | 3 Bedroom |
| Number Of Dryers 3: | 1 |
| Number Of Refrigerators 3: | 1 |
| Number Of Stoves 3: | 1 |
| Number Of Washers 3: | 1 |
| Unit Type Net Sq Ft 3: | 1305 |
| Baths Total 3: | 2 |
| Beds Total 3: | 3 |
| Description 3: | 3 bed 2 bath ground Floor |
| Total Rent 3: | 34200 |
| Unit Type 3: | 3 Bedroom |
| Number Of Dryers 4: | 1 |
| Number Of Refrigerators 4: | 1 |
| Number Of Stoves 4: | 1 |
| Number Of Washers 4: | 1 |
| Unit Type Net Sq Ft 4: | 1189 |
| Baths Total 4: | 3 |
| Beds Total 4: | 2 |
| Description 4: | 2 bed + Den 2.5 bath Rear 1st & 2nd floor |
| Total Rent 4: | 30000 |
| Unit Type 4: | 2 Bedroom |
| Number Of Units Total: | 4 |
| Listing ID: | 40870189 |
|---|---|
| Property Type: | Rental Income |
| Status: | Active |
| Bathrooms Full: | 7 |
| Living Area Sqft: | 4,723 |
| Lot Size Square Feet: | 6,490.44 |
| City: | Kitchener |
| Postal Code: | N2H 5L9 |
| Cooling: | None |
| Heating: | Baseboard, Natural Gas, Radiant |
| Status: | Active |
| Water Source: | Municipal |
| Roof: | Asphalt Shing |
| Laundry Features: | In-Suite |
| Construction Materials: | Brick |
| Listing Contract Date: | 2026-10-14 |
| Heating?: | Yes |
| Bathrooms Total Integer: | 7 |
| Basement: | true |
| Interior Features: | Separate Heating Controls, Separate Hydro Meters |
| Living Area Units: | Square Feet |
| Below Grade Finished Area Units: | Square Feet |
| MLS Area Major: | 3 - Kitchener West |
| Zoning: | R2B |
| Stories Total: | 3 |
| Frontage Length: | 64.00 |
| Insurance Expense: | $4,945 |
| Parking Total: | 5 |
| Acres Range: | < 0.5 |
| Current Price: | 1,749,000 |
| Driveway Parking: | Lane/Alley Parking, Private Drive Triple+ Wide |
| Expenses: | Actual |
| Holdover Days: | 60 |
| Net Income: | $100,073 |
| Number Of Units Occupied: | 3 |
| Ratio Current Price By Above Gra: | 370.31548 |
| Snow Garbage Expense: | $1,500 |
| Inclusions: | Hot Water Tank Owned, 4 Stoves 4 Fridges 3 Dishwashers 4 Washers 4 Dryers 3 Water Heaters Owned 4 Separate Meters. 1 Water Softener 4 Portable A/C Units |
| Lot Size Dimensions: | 64 x |
| Association Fee 2 Frequency: | Monthly |
| Property Condition: | 100+ Years |
Listing Courtesy of: RE/MAX Twin City Realty Inc.
Listing Agent:
Walkscore
Transition with Care
The data on this website relating to real estate for sale comes in part from the IDX Program of the Information Technology Systems Ontario.
All information is believed accurate but not guaranteed. The properties displayed may not be all of the properties available through the IDX Program. Any use of this site other than by potential buyers or sellers is strictly prohibited.
© 2026 Information Technology Systems Ontario.
Information Technology Systems Ontario data last updated on October 15, 2026 03:03 AM - ET.
Property Last Updated: October 15, 2026 03:03 AM - ET
