Gurvinder Nokwal REALTOR®
For Sale Detached 173 days on market

$1,400,000

Est. payment $6,199/moCalculate yours

64 Francis Street N, Kitchener, ON N2H 5B5

Kitchener, ON N2H 5B5

  • 1 Beds
  • 3 Baths
  • 2 Garage
  • 3,000 Sq Ft

Listing courtesy of CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD MLS® X13054458

About this home

Unlock the potential of this versatile mixed-use property in a prime downtown location, offering a rare opportunity to create a customized live/work environment or income-generating investment. The main floor commercial space, currently configured as a salon, provides a flexible layout ready to be reimagined for a variety of uses including professional office, boutique retail, studio space, or continued personal service operations. With strong street presence and on-site parking, this space is ideally positioned for a business looking to establish or grow in the downtown core. Above, the second-floor residential unit offers nearly 1,500 sq ft of living space, ideal for an owner-occupier or as a supplemental rental income stream. A welcoming foyer and staircase lead to an open-concept kitchen and dining area, an updated 3-piece bath, sunken living room, and a bedroom complemented by a versatile den that could function as a home office, walk-in closet, or potential second bedroom. What truly sets this property apart is the rare combination of extensive on-site parking, a double-car garage, and outdoor space. The generous rear parking area, front courtyard, and garage offer convenience for clients and residents, with potential for additional income through parking rentals in a high-demand downtown setting. The basement provides flexibility for storage, workspace, or future expansion. The property features a durable steel roof, heated eavestroughs with leaf guard, and updated windows, contributing to ease of ownership while allowing room to modernize and add value. Zoned SGA-3, it supports a wide range of permitted uses, making it ideal for investors, entrepreneurs, or owner-users. Based on projected market rents, the property presents an attractive income opportunity with an estimated cap rate in the ~5% range and clear upside potential.

Property details

Overview

Property Type
Detached
Style
2-Storey
For
For Sale
Status
New
Approximate Age
51-99
Size
3,000 sqft

Interior

Bedrooms
1
Bathrooms
3
Kitchens
1
Basement
Partial Basement, Full, Half, Walk-Up

Building & Systems

Heating
Forced Air (Gas)
Cooling
Central Air
Exterior
Vinyl Siding
Foundation
Poured Concrete
Roof
Metal
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
55 x 157 Feet
Parking
Attached garage · 9 total
Zoning
SFA-3

Financial

Property Taxes
$10,929 (2025)

Location

Cross Street
Water Street N
Direction Faces
North

Listing

MLS® Number
X13054458
Days on Market
173
Listed On
2026-04-28
Possession
90+ days
Listed By
CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD

Rooms

Room Level Dimensions
Office Main 16′ 5″ × 10′ 6″
Other Basement 11′ 1″ × 12′ 10″
Office Main 16′ 8″ × 12′ 10″
Bedroom Second 17′ 8″ × 14′ 1″
Dining Room Second 11′ 4″ × 15′ 1″
Other Main 9′ 2″ × 3′ 0″
Den Second 10′ 8″ × 11′ 8″
Kitchen Second 16′ 10″ × 12′ 11″
Other Main 10′ 7″ × 10′ 6″
Office Main 5′ 8″ × 12′ 1″
Office Main 14′ 6″ × 27′ 2″
Other Basement 14′ 8″ × 25′ 8″
Recreation Basement 23′ 7″ × 11′ 6″
Laundry Basement 17′ 8″ × 11′ 9″
Other Basement 4′ 2″ × 7′ 4″
Living Room Second 24′ 2″ × 15′ 0″
Other Main 9′ 8″ × 19′ 7″
Other Main 12′ 4″ × 14′ 0″
Other Basement 11′ 1″ × 7′ 3″

Features

Interior

  • Accessory Apartment
  • Auto Garage Door Remote
  • Water Softener

Pool

  • None
Rental items
Hot Water Heater

Mortgage calculator

Minimum for this price: $115,000 (8.21%)

Amortization, years

Estimated mortgage payment

$6,199 per month

Principal and interest
$6,199
Property tax
$911
Estimated monthly cost
$7,110

Your mortgage

Mortgage amount
$1,120,000
Mortgage insurance
Not needed
Interest over 25 years
$739,669

Cash to close

Down payment
$280,000
Land transfer tax
$24,475
Total, before legal fees
$304,475
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

64 Francis Street N, Kitchener, ON N2H 5B5 Kitchener, ON N2H 5B5
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$1,400,000 64 Francis Street N, Kitchener, ON N2H 5B5
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