$1,250,000

561 Queen Street S

Kitchener ON, N2G 1W9

Description

Fantastic opportunity to buy this building and successful investment property located in an absolutely amazing area right next to the heart of the hip downtown Kitchener. This is one of Kitcheners most vibrant neighbourhoods with very high pedestrian and vehicular traffic perfect for current use or with any other concept. Nestled between Queen Street, Iron Horse trail and Courtland Avenue, right next to the attractions of the Kitcheners downtown you are paying respect to the tried and true mantra "location, location, location".If you're looking for a trendy income property that offers great cash flow and pride of ownership then look no further. This is a move in turn-key opportunity thats perfect for the beginner or the experienced investor or live in business owner, and the price includes building & full 12+1 parking spots. 2 furnaces, 2 A/C units, new electric and plumbing, 2 separate electric services, network and in-ceiling sound cables rough in. Extensive list of chattels and fixtures included in the sale price. Main floor boast a hair dresser salon business with an aesthetician setup included. The basement has a low ceiling one bedroom, washroom, living room, kitchen, and lots of storage setup. A spacious two bedroom apartment on the second floor with a livable attic (make this a bedroom or an office /loft) can be rented out for additional income, or make it your home. Unique, easy to rent, well located and even better, well priced, leaves only one question. How quickly can you get your hands on this before it's gone? Please contact for more details or to schedule an appointment to view this great opportunity.

Details

MLS#40010121
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1914
Days On Site38

Features

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Area Information
ProvinceON
CountyWaterloo
CityKitchener
Postal CodeN2G 1W9
Area3 - Kitchener West
Listing VS Median (in N2G 1W9)
Price:
$1,250,000
low | high
Med:
$1,250,000
50% of Average
On Site:
38
low | high
Med:
38
100% of Average
Listing Updated: 09/25/2020
Marius Urzica LogoMLS Number: 40010121
Listing Provided By:
Marius Urzica  of  CENTURY 21 HERITAGE HOUSE LTD.
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