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744 QUEEN STREET S, Kitchener — listed at $1,249,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
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: (id:60164)
What's the parking situation?+
This property includes 11 spaces — Attached Garage, Garage.
Who is 744 QUEEN STREET S best suited for?+
With 1 bedroom and 6 bathrooms, this is ideal for a couple, a small family, or as a low-maintenance investment property.
Does it have a basement, and is it finished?+
The listing describes the basement as: Partial, Separate entrance. Confirm the finishing status during a showing — it affects both livable space and resale value.
Is there air conditioning?+
Yes — window air conditioner cooling is in place.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $6,159, heating is forced air, electric, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Could this work as an investment property?+
The basement description mentions: Partial, Separate entrance. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Kitchener before counting on it.
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