Welcome to 156 Mill Street, a fantastic investment opportunity in the heart of Kitchener! This legal triplex is ideally located with easy access to the scenic Iron Horse Trail, offering a peaceful setting while still being just minutes away from downtown Kitchener. The property is situated in a prime location with RES-4 zoning, which permits the development of up to 4 units, providing great potential for future growth. Currently set up as a triplex, the property features a spacious unfinished basement and a large yard, both of which present an exciting opportunity to add a fourth unit, increasing the property's rental income potential. Whether you're an investor looking to expand your portfolio or someone with a vision to create additional units, 156 Mill Street offers a unique opportunity to capitalize on the growing demand for rental properties in this vibrant area. Don’t miss out—schedule a viewing today and explore the possibilities! Unit#1 $2,000 ; Unit#2 $1,020 ; Unit#3 $1790 Inclusive of utilities, not separately metered.
Property Type:
Residential Income
Property SubType:
Multi-3 Unit
Listing General Location:
311 - Downtown/Rockway/S. Ward, 3 - Kitchener West
Bedrooms:
6
Bathrooms:
0.0
(Full:-/Half:-)
Lot Details:
42.69 x 292.97
Lot Depth:
293'89.3 m
Lot Frontage:
42'8"13 m
Kitchens:
0
County Or Parish:
Waterloo
Features:
Crops Included: No, Garage: No, New Construction: No
Construction:
Brick, Vinyl Siding
Basement:
Full, Partially Finished
Foundation:
Poured Concrete
Roof:
Asphalt Shing
Number of Storeys:
2
Number of Buildings:
0
Total Floor Area:
1,800 sq. ft.167 m2
Finished Area Above Grade:
1,800 sq. ft.167 m2
Fireplace:
false
Laundry Features:
Common Area, Shared
Water Supply:
Municipal
Sewer:
Sewer (Municipal)
Cooling:
Wall Unit(s)
Heating:
Forced Air, Natural Gas
Smoke Detector,Window Coverings
Dishwasher, Dryer, Refrigerator, Stove, Washer
Other
Window Coverings
false
No
Stirling and Mill
No
Smoke Detector
HST Applicable To Sale Price:
Included
Features:
Crops Included: No, Garage: No, New Construction: No
Insurance Expense:
$1,156
Expenses:
Actual
Utilities Expense:
6399
Zoning:
RES-4
Lot Site Features:
Ample Parking, Public Transit, Trails
Features:
Crops Included: No, Garage: No, New Construction: No
Data was last updated July 7, 2025 at 07:50 AM (UTC)
Area Statistics
Listings on market:
27
Avg list price:
$999,999
Min list price:
$650,000
Max list price:
$1,495,000
Avg days on market:
34
Min days on market:
5
Max days on market:
279
Avg price per sq.ft.:
$396.93
These statistics are generated based on the current listing's property type
and located in
3 - Kitchener West. Average values are
derived using median calculations.