
67 LOUISA Street
Kitchener, Ontario
9 bed • 7 bath • Multi-family
Rare opportunity to select your own tenant base in the heart of Kitchener on a quiet treelined street. With a 2-minute walk from the Google Kitchener hub, the property is located in a Walker’s Paradise (Walk Score 90+) offering immediate access to the ION LRT, GO-train, vibrant amenities, restaurants, and major employers in both downtown Kitchener and Uptown Waterloo. A legal fourplex with bright and spacious units in a highly desirable mix of one 1-bedroom+den, one 2-bedroom+den, and two 3-bedroom units. Each unit has its own entrance, in-suite laundry, heating controls, and private outdoor space. Abundant on-site parking with up to 2 spaces per unit provides added convenience and a significant competitive advantage . The property appeals to a wide range of tenants - from young professionals to families offering exception flexibility for investors to tailor their rental strategy to optimize rents and curate a strong desirable tenancy in one of the region’s fastest growing tech and employment hubs. The property is well-maintained, newly renovated, and set up for minimal maintenance. Whether you’re building or refining your portfolio, this is a rare chance to secure a multi-unit asset producing an NOI of close to $100,000 in a central location with both flexibility and upside in a high-demand rental market.
Price History
Property
- Lot Size
- 0.15 acres
Schools
Elementary
- King Edward Public School0.4 km
Public · Waterloo Region DSB · 380 students
Grade 3 reading: 55% met the provincial standard · Grade 6 math: 30% met the provincial standard
- St John Catholic Elementary School1 km
Catholic · Waterloo CDSB · 460 students
Grade 3 reading: 44% met the provincial standard · Grade 6 math: 43% met the provincial standard
- Margaret Avenue Public School1 km
Public · Waterloo Region DSB · 310 students
Secondary
- Kitchener Waterloo Collegiate and Vocational School0.6 km
Public · Waterloo Region DSB · 1650 students
Grade 10 literacy: 88% met the provincial standard
- Cameron Heights Collegiate Institute2 km
Public · Waterloo Region DSB · 1765 students
Grade 10 literacy: 90% met the provincial standard
- Bluevale Collegiate Institute2.1 km
Public · Waterloo Region DSB · 1115 students
Grade 10 literacy: 88% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N2H
- Population
- 22,456
- Private dwellings
- 11,453
- Median age
- 38.4
- Average household size
- 2.1
- Median household income
- $73,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Multi-family in Kitchener · last 12 months
- Median sold price
- $665,000
- Homes sold
- 1,924
- Median days on market
- 20
- Sale-to-list price
- 101.0%
Based on 1,924 recorded sales of multi-family properties in Kitchener over the last 12 months.
Location
Mortgage Calculator
$350,000
Estimated Monthly Payment
$8,597
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $8,597/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $438/mo
Estimates only. Consult a financial advisor.
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