ON > Kitchener
Kitchener, ON N2H 5A1,46 College ST
Kitchener, ON N2H 5A1,46 College ST
Kitchener, ON N2H 5A1,46 College ST
Kitchener, ON N2H 5A1,46 College ST
Kitchener, ON N2H 5A1,46 College ST
Kitchener, ON N2H 5A1,46 College ST
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Fawad Nissari

Fawad Nissari

eXp Realty

+1(416) 878-1085
$ 13,500,000
Est. payment | /mo

76,000 SqFt

Save
$ 13,500,000
Est. payment | /mo
Save

76,000 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 76,000 sqft

Price per Sqft $177

MLS Listing ID X12432929

Annual Tax Amount $102,504

Tax Year 2024

Property Sub-Type Investment

Property Description

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.

Location

Province ON

County Waterloo

Area Waterloo

Interior

Cooling No

Exterior

Utilities Available Yes

Lot Frontage 129.84

Others

ParcelsYN No

Listed by REAL BROKER ONTARIO LTD.
Fawad Nissari

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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