114 Church Street, Kitchener, ON N2G 2S4
Kitchener, ON, N2G 2S4
About this property
An exceptional investment opportunity in the heart of Kitchener! This beautiful legal century triplex combines timeless character with extensive modern upgrades, offering investors a truly turnkey addition to their portfolio. Ideally located just a short walk from Downtown Kitchener and the Kitchener Market LRT stop, the property provides tenants with convenient access to transit, restaurants, shopping, entertainment and everything the downtown core has to offer. Currently generating an impressive 4.6% cap rate, all three units are occupied by great young professional tenants paying market rents plus utilities, providing strong and reliable income from day one. The property has undergone substantial upgrades, including updated plumbing and electrical, forced-air furnaces, water heaters, roof, windows, aluminum fascia, soffits and eaves. The interiors have also been thoughtfully updated with new kitchens, bathrooms, flooring, stainless steel appliances and much more, creating attractive, comfortable living spaces that appeal to today's tenants. With its combination of legal triplex status, market rents, extensive capital improvements and a highly walkable location, this is a rare opportunity to acquire a well-maintained, income-producing property with the character of a century home and the major updates already taken care of. A fantastic investment in one of Kitchener's most convenient and connected locations!
Features & Amenities
- Basement: Full, Walk-Up, Unfinished
- Garage: None
- Cooling: None
- Heat Type: Forced Air
- Heat Source: Electric
- Style: 3-Storey
- Construction: Brick, Vinyl Siding
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Triplex |
| Architectural Style | 3-Storey |
| Bedrooms | 6 |
| Bathrooms | 5 |
| Basement | Full, Walk-Up, Unfinished |
| Garage | None |
| Parking Spaces | 4 |
| Heat Type | Forced Air |
| Heat Source | Electric |
| Cooling | None |
| Sewer | Sewer |
| Annual Tax | $7,100 |
| Tax Year | 2026 |
Interior Features
- Interior Features
- Separate Hydro Meter, Separate Heating Controls, Storage, Water Heater Owned
Exterior Features
- Exterior Features
- Porch, Porch Enclosed
- Pool Features
- None
Building & Construction
- Architectural Style
- 3-Storey
- Construction Materials
- Brick, Vinyl Siding
- Foundation Details
- Stone
- Roof
- Asphalt Shingle
- Basement
- Full, Walk-Up, Unfinished
- Approximate Age
- 100+
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Electric
- Cooling
- None
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 4
- Parking Total
- 4.00
- Parking Features
- Private Triple
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 65.45
- Lot Width
- 66.40
Financial & Tax
- Tax Annual Amount
- $7,100
- Tax Year
- 2026
- Tax Assessed Value
- $503,000
- Possession Type
- Flexible
- Possession Details
- Flexible
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 0
- Kitchens Above Grade
- 3
- Kitchens Total
- 3
- Bedrooms Above Grade
- 6
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- East
- County Or Parish
- Waterloo
- Cross Street
- Church St and Eby St S
- Directions
- Church St and Eby St S
- Special Designation
- Unknown
- Showing Requirements
- Lockbox, Showing System
Location
114 Church Street, Kitchener, ON N2G 2S4, Kitchener, ON, N2G 2S4