10
$13,500,000 Sale
Listed 14 hours ago
46 College Street
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Key Facts
Key facts for 46 College Street
Property Type
Commercial
Parking
Outside/Surface
MLS #
X12432929
Size
-
Basement
-
Listed on
2025-09-26
Lot size
130 x 0.0
Tax
$102,504 /yr
Days on Market
4
Approximate Age
-
Maintenance Fee
-
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, stainl...ess 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.
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Courtesy of: REAL BROKER ONTARIO LTD.