183 LOUISA Street
Kitchener, Ontario
5 bed • 3 bath • Multi-family
Fully tenanted mixed-use property on a 66.60 × 126 ft lot , situated directly opposite 178 Louisa Street. Three income-producing units: a premium barbershop occupying the commercial unit with its own entrance, dedicated furnace, and business driveway; Unit A — fully renovated 2018, 3 bedrooms plus 1-bedroom basement suite, separate laundry; Unit B — 2 bedrooms, full bathroom, separate laundry. Detached double car garage (additional income potential). Roof replaced 2018. Central AC 2019. Two separate hydro meters. 10 parking spaces across 2 driveways. All units fully tenanted — income from possession date. Less than 1 km from Google HQ, downtown Kitchener, and GO Station. ION LRT corridor adjacent. Redevelopment potential — can be rebuilt as duplex, five-plex, or other residential configuration. Real property only — business not included. Must be purchased together with 178 Louisa Street, Kitchener. Combined price: $6,800,000.
Price History
Property
- Lot Size
- 0.18 acres
Schools
Elementary
- Margaret Avenue Public School0.5 km
Public · Waterloo Region DSB · 310 students
- King Edward Public School0.8 km
Public · Waterloo Region DSB · 380 students
Grade 3 reading: 55% met the provincial standard · Grade 6 math: 30% met the provincial standard
- Suddaby Public School1.2 km
Public · Waterloo Region DSB · 505 students
Grade 3 reading: 67% met the provincial standard · Grade 6 math: 58% met the provincial standard
Secondary
- Kitchener Waterloo Collegiate and Vocational School1 km
Public · Waterloo Region DSB · 1650 students
Grade 10 literacy: 88% met the provincial standard
- Cameron Heights Collegiate Institute1.8 km
Public · Waterloo Region DSB · 1765 students
Grade 10 literacy: 90% met the provincial standard
- Bluevale Collegiate Institute2 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
- 1,927
- Median days on market
- 20
- Sale-to-list price
- 101.0%
Based on 1,927 recorded sales of multi-family properties in Kitchener over the last 12 months.
Location
Mortgage Calculator
$160,000
Estimated Monthly Payment
$3,930
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,930/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $200/mo
Estimates only. Consult a financial advisor.