Charming 12-unit brownstone in Kitchener’s sought-after Mount Hope neighbourhood, steps to the ION LRT, Kitchener GO Station, hospitals, parks, and downtown amenities. Built in 1942 and extensively updated, the property features all one-bedroom suites with modern kitchens, stainless steel appliances, luxury plank flooring, and on-site laundry. Current NOI $110,733, representing a 5% cap rate at asking price. Seven surface parking spaces (off-site). Strong rental demand from professionals, healthcare workers, and students. HST in addition to purchase price where applicable. Confidential rent roll and P&L available upon execution of a Confidentiality Agreement.
Property Type:
Residential Income
Property SubType:
Multi Family
Listing General Location:
114 - Uptown Waterloo/North Ward, 1 - Waterloo East
Bedrooms:
0
Bathrooms:
0.0
(Full:-/Half:-)
Lot Details:
49.5 x
Lot Frontage:
49'6"15.1 m
Kitchens:
0
County Or Parish:
Waterloo
Features:
Crops Included: No, Garage: No, New Construction: No
Construction:
Brick
Basement:
Full, Partially Finished
Roof:
Rolled/Hot Mop
Number of Storeys:
3
Number of Buildings:
0
Total Floor Area:
8,900 sq. ft.827 m2
Finished Area Above Grade:
8,900 sq. ft.827 m2
Fireplace:
false
Laundry Features:
Coin Operated, Common Area
Water Supply:
Municipal
Sewer:
Sewer (Municipal)
Cooling:
None
Heating:
Radiator
Hot Water Tank Owned,All Existing Fridges, Stoves, Light Fixtures, And Any Owned Hot Water Heaters/Mechanical Equipment, All In As-Is Condition.
Water Softener, Hot Water Tank Owned
All Tenant-Owned Appliances, Window Coverings, And Personal Belongings; Any Items Belonging To Property Management Or Contractors.
Built-In Appliances, Separate Heating Controls
false
No
Victoria St N & Margaret Ave
No
HST Applicable To Sale Price:
Yes
Features:
Crops Included: No, Garage: No, New Construction: No
Zoning:
R2
Lot Site Features:
City Lot, Park, Schools
Features:
Crops Included: No, Garage: No, New Construction: No
# Of Total Parking Spaces:
7.0
# Of Open Parking Spaces:
7.0
Driveway Parking:
Outside/Surface/Open
Num Apartment Units:
0
Num Bachelor Units:
0
Num Efficiency Units:
0
Num Loft Units:
0
Num Other Units:
0
Num Penthouse Units:
0
Num Studio Units:
0
Listed Date:
Aug 07, 2025
View of property
Aerial perspective of suburban area featuring property boundaries highlighted
Aerial perspective of suburban area
Kitchen featuring appliances with stainless steel finishes, light wood-style flooring, light countertops, tasteful backsplash, and white cabinets
Unfurnished room featuring radiator, light wood finished floors, and a textured ceiling
Data was last updated September 25, 2025 at 07:50 PM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$2,250,000
Min list price:
$679,900
Max list price:
$9,999,999
Avg days on market:
49
Min days on market:
2
Max days on market:
150
Avg price per sq.ft.:
$384.62
These statistics are generated based on the current listing's property type
and located in
114 - Uptown Waterloo/North Ward. Average values are
derived using median calculations. This data is not produced by the MLS® system.