202 BREITHAUPT Street

An exceptional investment asset with high-yielding revenue streams in the heart of Kitchener’s thriving tech and innovation hub. Strategically positioned on a massive 0.24-acre lot with EMP-1 Employment Zoning, this highly versatile property features a multi-unit residential building plus a rare, substantial concrete block detached garage compound. The primary building consists of four tenanted one-bedroom units plus an additional bonus studio space offering immense value-add potential, all serviced by robust radiant heating. Completely independent from the residential leases, the four garage bays operate as distinct, cash-flowing storage rental units equipped with their own separate hydro meters. The property also features a massive asphalt driveway accommodating eleven off-street parking spaces. Located just steps from major transit lines, commuter rail links, tech employers, highway access, and downtown amenities, this recession-proof portfolio addition appeals equally to commercial owner-operators, traditional multi-residential investors, and premium value-add buyers looking to secure a dominant footprint in a premier location. (id:27)

• Lot Frontage: 67 Feet
• Lot Depth: 158 Feet
• Lot Size: 0.24 Acres
• Floor Space (approx): 2788 Square Feet
• Bedrooms: 4
• Bathrooms: 4
• No. of Parking Spaces: 15
• Built in: 1985
• Zoning: EMP-1
• Amenities Nearby: Park, Playground, Public Transit, Schools, Shopping
• OwnershipType: Freehold
• Parking Type: Detached garage, Open
• Property Type: Multi-family
• Sewer: Municipal sewage system
• Style: Multiplex
• Basement Development: Unfinished
• Basement Type: Full
• Building Type: Fourplex
• Cooling Type: None
• Exterior Finish: Other
• No. of Parking Spaces 15
• Zoning Type EMP-1
• Lot Size 0.24 ACRE
• Lot Frontage 67 FEET
• Lot Depth 158 FEET
• Floor Space 2788 FEETSQ
• Bathrooms 4
• Water Municipal water