$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
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
Estimated mortgage payment
$5,530 per month
- Principal and interest
- $5,530
- Property tax
- $513
- Condo fees
- $0
- 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
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $271,255
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
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