Gurvinder Nokwal REALTOR®
For Sale Multiplex 73 days on market

$1,249,000

Est. payment $5,530/moCalculate yours

744 Queen Street S, Kitchener, ON N2M 1A4

Kitchener, ON N2M 1A4

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

Listing courtesy of RE/MAX REAL ESTATE CENTRE INC. MLS® X13663876

About this home

Prime Cash-Flow Opportunity at 744 Queen St S, Kitchener! Discover this fully tenanted 6-unit mixed-use gem on a high-traffic corner in one of Kitchener’s strongest rental markets. The property features four 1-bedroom units, one spacious 3-bedroom unit, and one commercial space with excellent street visibility, delivering strong, diversified income from long-term tenants right from day one. Boasting 11 parking spaces, a solid 1940s-built structure (approx. 3,000-3,500 sq ft) on a generous 40 x 114 ft lot, this turnkey investment offers outstanding tenant retention and hassle-free management. Just steps to transit, parks, schools, Highland Rd amenities, the Iron Horse Trail, and downtown Kitchener, it sits in a high-demand location with clear value-add potential. Stable cash flow, scalable upside, and a proven location-ideal for investors ready to grow their portfolio today.Showing Remarks:

Property details

Overview

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

Interior

Bedrooms
1
Bathrooms
6
Kitchens
5
Basement
Partial Basement, Separate Entrance

Building & Systems

Heating
Forced Air (Electric)
Cooling
Window Unit(s)
Exterior
Brick, Vinyl Siding
Foundation
Concrete, Stone
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
40 x 114 Feet
Parking
Attached garage · 11 total
Zoning
R2

Financial

Property Taxes
$6,159 (2025)

Location

Cross Street
Brock ST.
Direction Faces
North

Listing

MLS® Number
X13663876
Days on Market
73
Listed On
2026-08-06
Possession
Flexible
Listed By
RE/MAX REAL ESTATE CENTRE INC.

Features

Interior

  • Accessory Apartment

Property

  • Hospital
  • Park
  • Public Transit
  • Rec./Commun.Centre
  • Place Of Worship
  • Lake/Pond

Pool

  • None

Mortgage calculator

Minimum for this price: $99,900 (8%)

Amortization, years

Estimated mortgage payment

$5,530 per month

Principal and interest
$5,530
Property tax
$513
Estimated monthly cost
$6,044

Your mortgage

Mortgage amount
$999,200
Mortgage insurance
Not needed
Interest over 25 years
$659,891

Cash to close

Down payment
$249,800
Land transfer tax
$21,455
Total, before legal fees
$271,255
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

744 Queen Street S, Kitchener, ON N2M 1A4 Kitchener, ON N2M 1A4
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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).

$1,249,000 744 Queen Street S, Kitchener, ON N2M 1A4
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