46 College Street Kitchener, Ontario N2H 5A1

$12,995,000

Offered together as one opportunity: 46-56 College Street and 58 & 64 Weber Street West in downtown Kitchener. Four updated low-rise walk-ups totalling 74 residential suites in a high-demand urban core location. 46-56 College Street (46 suites) offers renovated interiors with modern kitchens, stainless steel appliances, gas fireplaces, and individual thermostats, plus 17 surface parking stalls. 58 & 64 Weber Street West (28 suites) present turnkey interiors with modern kitchens and flooring, heating via in-suite gas fireplaces/baseboards, separate hydro, and 16 surface parking stalls. Prime, walkable location steps to ION LRT, GO Transit, Victoria Park, City Hall, Grand River Hospital, Uptown Waterloo, Market Square, restaurants, and the innovation district. Strong rental demand supported by professional operations with clear rental upside as suites turn over, offering a stable cash-flowing asset with long-term growth potential. Properties are marketed and conveyed together as one transaction on separate PINs with common debt structure, presenting investors with scale, efficiency, and a strong value-add repositioning play. Detailed financials, rent rolls, P&L statements, and property information available to qualified buyers upon execution of a confidentiality agreement. (id:19593)

Property Details

MLS® Number	40801495
Property Type	Multi-family
Amenities Near By	Hospital, Public Transit, Schools, Shopping
Community Features	High Traffic Area
Features	Laundry- Coin Operated
Parking Space Total	33

Building

Appliances	Water Softener, Water Purifier
Basement Development	Partially Finished
Basement Type	Full (partially Finished)
Cooling Type	None
Exterior Finish	Brick
Heating Fuel	Natural Gas
Heating Type	Baseboard Heaters
Stories Total	3
Size Interior	67,000 Ft2
Utility Water	Municipal Water

Parking

Open

Land

Acreage	No
Land Amenities	Hospital, Public Transit, Schools, Shopping
Sewer	Municipal Sewage System
Size Frontage	130 Ft
Size Total Text	Under 1/2 Acre
Zoning Description	C5

https://www.realtor.ca/real-estate/29307213/46-college-street-kitchener