Kitchener-Waterloo is growing, with record-setting population growth in 2024, and a diverse local economy powered by top academic institutions. 96 Duke Street West, is downtown Kitchener’s premier development site opportunity. Featuring over a half-acre rectangular site (.503) located adjacent to the Central LRT station, across from City Hall and approximately 500m or less from the Transit Hub of Waterloo Region (with future all-day train service to Toronto). With highly flexible D-5 zoning, this site could potentially house a 30+ storey high-rise residential tower someday. Also included is a land use study from Planner Mitchell Baker. Currently on the property is a 35-car parking lot providing rental income and a 17-unit multi-family building, well maintained and managed with stable tenancy. This is an excellent holding asset while plans are laid. Join the growth of Waterloo Region and develop an investment location that offers many directions.More details
**CAP RATE 6.83% Very strong annual income $196,059.00 can be purchased with property management company in place. DUPLEX+ 12-PLEX- ATTENTION INVESTORS!! Unique real estate assembly on 14 Brubacher St. (Duplex) and 16-18-20 Brubacher St. consisting of 4 bachelor units, 6 one-bedroom units and 2 two bedroom units sold together. All tenants pay their own hydro with 14 separate hydro meters, newer furnaces, 1 shared washer and dryer at 12-plex and parking for 11 vehicles total. 3 hot water tanks 1 rented and 2 owned. Half of the units have seen upgrades in last couple of years. Ideally positioned in the heart of Kitchener's Central Frederick neighborhood. Located within walking distance of the LRT, & close to the University of Waterloo’s School of Pharmacy, this area is close to major employers such as Google & the Innovation Centre, & provides easy access to Toronto via the nearby GO Train. The neighborhood is bustling with cultural attractions including Centre in the Square, Kitchener Market, The Museum, Library, & dining options. It’s a thriving hub of innovation/growth, further enhanced by Victoria Park & Kitchener Auditorium, adding to the area's appeal. 4 units are currently vacant and can be shown anytime.More details
Exceptional 21-unit multi-residential investment property in Kitchener with a current NOI of $243,341, reflecting a strong 5.48% cap rate on asking price. Suite mix: 1 bachelor, 12 one-bedroom, and 8 two-bedroom apartments, many with updated kitchens and baths. Gas fireplaces in each unit serve as a primary heat source, supplemented by electric baseboard heating. Tenants enjoy on-site parking and proximity to major transportation routes, retail, and amenities. Professional management in place. HST is in addition to the purchase price where applicable. Confidential rent roll and P&L available with executed attached CA.More details
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.More details
Rockway low-rise with stable in-place income and clear mark-to-market upside. 16 suites (10×2BR, 5×1BR, 1×3BR) in a 1980 walk-up, separately metered hydro, gas-furnace common systems, and roof replaced Oct 2023. Several suites have been updated with modern finishes; others remain in clean, rent-ready condition—ideal for an investor to capture organic rent growth on turnover without a heavy CapEx program. On-site laundry (2), 16 storage lockers, and 17 surface parking stalls. Family-friendly pocket near parks, schools, Fairway shopping, and transit including Courtland buses & Block Line LRT. R-6 zoning. Strong tenant appeal today with additional upside through suite refreshes as leases roll.More details
Elegant and income-producing, this beautifully renovated Victorian mansion in the heart of Downtown Kitchener offers 17 fully tenanted suites with modern finishes and historic charm. Originally built in 1897 and fully converted in 1998, the property blends oversized original trim, high ceilings, and period architecture with contemporary upgrades including new kitchens, stainless steel appliances, and luxury plank flooring. The diverse unit mix—4 one-bedrooms, 12 bachelors, and 1 two-bedroom—caters to a broad tenant base. Situated steps from the ION LRT, Victoria Park, and the city’s cultural and tech hubs, 44 Weber delivers stable rental income, strong curb appeal, and turn-key operations with no immediate capital requirements.More details
Eight blocks of purpose-built townhomes in a mature Kitchener neighbourhood. 97 units total, comprised of two-storey 2-bedroom layouts and upper-floor 1-bedroom flats. Ample on-site parking with over 100 spaces. Well-situated close to schools, parks, shopping, and public transit. Rare multi-residential scale in a proven rental market.More details
Well-maintained 22-unit apartment property in Uptown Waterloo’s desirable North Ward, consisting of two neighbouring buildings on separate lots being sold together. The suite mix includes 3 bachelor units and 19 one-bedroom units, offering excellent rental appeal for singles and couples. Both buildings are professionally managed and benefit from steady tenant demand in this central, walkable location near transit, shopping, dining, and amenities. With current rents below market, there is significant upside potential through turnover and strategic renovations. A rare opportunity to acquire a stable, income-producing asset with long-term value growth in one of Waterloo Region’s most sought-after neighbourhoods.More details
The Royal and Wales Apartments – three well-maintained low-rise walk-ups totaling 46 residential units in downtown Kitchener. Renovated in 2015, suites feature modern kitchens, stainless steel appliances, gas fireplaces, and individual thermostats. Excellent tenant mix of 12 bachelors, 23 one-bedrooms, and 11 two-bedrooms. Steps to Victoria Park, Grand River Hospital, Uptown Waterloo, Belmont Village, and the ION LRT. Strong current income with clear rental upside as leases turn over. A turnkey, stabilized investment in a high-demand core location.More details
Two updated low-rise walk-ups in the heart of Downtown Kitchener offered together as one opportunity: 58 & 64 Weber St W. 23 suites total (suite mix: 10 bachelors, 12 one-bedrooms, 1 three-bedroom), 16 surface parking spaces, separate hydro, and heating via in-suite gas fireplaces/baseboards. Turnkey interiors with modern kitchens and flooring. Prime, walkable location steps to ION LRT, GO, Victoria Park, City Hall, Market Square, restaurants, and the innovation district. Strong rental demand and professional operations in an intensifying urban corridor. Sale includes both properties on separate PINs; marketed and to be conveyed together as one transaction.More details
Union Apartments presents a rare opportunity to acquire a professionally managed, 22-suite low-rise complex in one of Kitchener-Waterloo’s most sought-after residential neighbourhoods. Comprised entirely of 22 one-bedroom suites across two well-maintained walk-up buildings, the property is steps from the Grand River Hospital, ION LRT, major bus routes, and a short drive to the University of Waterloo and Wilfrid Laurier University. Tenants enjoy on-site parking, modernized kitchens with stainless steel appliances, oversized original trim, and on-site laundry facilities. The property’s proximity to healthcare, education, and transit hubs ensures consistent rental demand and long-term value.More details
Mixed-use investment property at 228 Margaret Avenue, with adjacent 236 Margaret Avenue included in the sale. Total of 15 units: 1 commercial unit (convenience store) and 14 residential apartments (10 one-bedrooms, 3 two-bedrooms, 1 three-bedroom). Highly visible, transit-accessible location close to schools, shopping, and public transit. Strong rental demand with opportunity to improve income performance through hands-on management and capital upgrades.More details