386 Guelph Street Kitchener, Ontario N2H 5X7

1,816 ft2
Forced Air

$699,999

Introducing a rare triplex opportunity in Kitchener's highly sought-after North Ward, just minutes from Downtown Kitchener and Uptown Waterloo, the GO Station, and expressway. This versatile property features a 1-bedroom, 2-bedroom, and a brand-new bachelor unit completed in 2025—perfect for investors or multi-generational living. With all three units vacant as of August 1, buyers gain immediate flexibility to set market rents or move in and customize. With a projected total revenue of $55,800/year this is a great opportunity at a 6% cap rate. Each unit is completely self-sufficient with its own kitchen and bathroom, with updated finishes throughout. The property offers parking for four vehicles and sits near key amenities like parks, schools, shopping, and public transit. A turn-key addition to any portfolio in one of Kitchener’s most established neighbourhoods. Contact listing agent for financials and book your showing today! (id:43503)

Property Details

MLS® Number 40748612
Property Type Multi-family
Neigbourhood Fairfield
Amenities Near By Hospital, Park, Place Of Worship, Playground, Public Transit, Schools
Community Features Quiet Area, Community Centre, School Bus
Parking Space Total 4
Structure Porch

Building

Basement Development Finished
Basement Type Full (finished)
Exterior Finish Brick
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1,816 Ft2
Type Triplex
Utility Water Municipal Water

Land

Acreage No
Land Amenities Hospital, Park, Place Of Worship, Playground, Public Transit, Schools
Sewer Municipal Sewage System
Size Depth 100 Ft
Size Frontage 40 Ft
Size Total Text Under 1/2 Acre
Zoning Description R2

https://www.realtor.ca/real-estate/28569584/386-guelph-street-kitchener

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