Kim Louie, Broker "Trust in Success"

22/24 Ontario Street North Downtown (Kitchener, Ontario, CA - N2H 4Y4) Built

$1,500,000
Downtown Core!

Coldwell Banker

Kim Louie Kim Louie 519-742-5800 ext. 2387 (Office) 519-573-0837 (Cell) Request More Info

  • 4 On-site Parking Spots!
  • Type: Commercial
  • Style: 2 Storey
  • Bathrooms: 4 "1 in each apartment, 1 on main floor in restaurant and 1 in the basement"
  • Size: 2,402 sq. ft.
  • Development Level: Built
  • Lot Type: Irregular
  • Lot Size: 39ft x 80ft
  • MLS ® #: 30696460

Description

Fantastic opportunity in the burgeoning Kitchener Downtown Core! A two storey building with 2 separately metred apartments on the upper level, and a renovated restaurant on the main level. There are even 4 on-site parking spots!

Turnkey building with lots of updates in the last few years, including paving of the driveway and parking lot, numerous fire prevention upgrades, new bathrooms and A/C units and updates to the apartments.

Either run your own restaurant without the cost of leasing, or lease out the restaurant location and also enjoy the income from the 2, already tenanted, apartments above.

Passive rental income in addition to sales income is often the difference between a struggling business and a thriving business. Tons of options to turn this amazing core location into a consistent business income, with the possibility of tremendous appreciation down the road.

Don't miss out - book your private showing today and start on the road to financial independence.

Attachments

Features

Exterior Finish

  • Brick

Cooling

  • 2 Window / Wall Unit
  • Central Air

Sewer/Water Systems

  • Public

Extra Features

  • Public Transportation
  • TV Security
P2#295850067
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Information is deemed to be correct but not guaranteed.

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