64 Francis Street
Kitchener, ON
- 1 bed
- 3 bath
- approx. 3000-3500 sqft
- Detached
- 139 days on market
Unlock the potential of this versatile mixed-use property in a prime downtown location, offering a rare opportunity to create a customized live/work environment or income-generating investment. The main floor commercial space, currently configured as a salon, provides a flexible layout ready to be reimagined for a variety of uses including professional office, boutique retail, studio space, or continued personal service operations. With strong street presence and on-site parking, this space is ideally positioned for a business looking to establish or grow in the downtown core. Above, the second-floor residential unit offers nearly 1,500 sq ft of living space, ideal for an owner-occupier or as a supplemental rental income stream. A welcoming foyer and staircase lead to an open-concept kitchen and dining area, an updated 3-piece bath, sunken living room, and a bedroom complemented by a versatile den that could function as a home office, walk-in closet, or potential second bedroom. What truly sets this property apart is the rare combination of extensive on-site parking, a double-car garage, and outdoor space. The generous rear parking area, front courtyard, and garage offer convenience for clients and residents, with potential for additional income through parking rentals in a high-demand downtown setting. The basement provides flexibility for storage, workspace, or future expansion. The property features a durable steel roof, heated eavestroughs with leaf guard, and updated windows, contributing to ease of ownership while allowing room to modernize and add value. Zoned SGA-3, it supports a wide range of permitted uses, making it ideal for investors, entrepreneurs, or owner-users. Based on projected market rents, the property presents an attractive income opportunity with an estimated cap rate in the ~5% range and clear upside potential.
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2025)
- $10,929
- Listed
- April 28, 2026
Price History
Listing history
Sign in to view
Property
- Style
- 2-Storey
- Age
- 51-99
- Construction
- Vinyl Siding
- Roof
- Metal
- Foundation
- Poured Concrete
- Interior
- Accessory Apartment, Auto Garage Door Remote, Water Softener
- Lot Size
- 55 x 157 Feet
Parking
- Garage
- Attached
- Covered Spaces
- 2
- Total Parking
- 9
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Water Street N
- Zoning
- SFA-3
- Parcel Number
- 223170029
- Possession
- 90+ days
- Occupancy
- Owner
Included
- Rental Items
- Hot Water Heater
Schools
Elementary
- Margaret Avenue Public School0.7 km
Public · Waterloo Region DSB · 310 students
- Suddaby Public School0.9 km
Public · Waterloo Region DSB · 505 students
Grade 3 reading: 67% met the provincial standard · Grade 6 math: 58% met the provincial standard
- King Edward Public School0.9 km
Public · Waterloo Region DSB · 380 students
Grade 3 reading: 55% met the provincial standard · Grade 6 math: 30% met the provincial standard
Secondary
- Kitchener Waterloo Collegiate and Vocational School1.2 km
Public · Waterloo Region DSB · 1650 students
Grade 10 literacy: 88% met the provincial standard
- Cameron Heights Collegiate Institute1.4 km
Public · Waterloo Region DSB · 1765 students
Grade 10 literacy: 90% met the provincial standard
- Bluevale Collegiate Institute2.4 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
Residential Freehold in Kitchener · last 12 months
- Median sold price
- $666,000
- Homes sold
- 1,895
- Median days on market
- 20
- Sale-to-list price
- 101.0%
Based on 1,895 recorded sales of residential freehold properties in Kitchener over the last 12 months.
Rooms
3-piece on Second, 2-piece on Main, 1-piece on Basement
Second
- Bedroom17'8" x 14'1"
- Den10'8" x 11'8"
- Dining Room11'4" x 15'1"
- Kitchen16'10" x 12'11"
- Living Room24'2" x 15'
Main
- Office16'5" x 10'6"
- Office16'8" x 12'10"
- Office5'8" x 12'1"
- Office14'6" x 27'2"
- Other9'2" x 3'
- Other10'7" x 10'6"
- Other9'8" x 19'7"
- Other12'4" x 14'
Basement
- Laundry17'8" x 11'9"
- Other11'1" x 12'10"
- Other14'8" x 25'8"
- Other4'2" x 7'4"
- Other11'1" x 7'3"
- Recreation23'7" x 11'6"
Listed by
CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$280,000
Estimated Monthly Payment
$6,878
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $6,878/mo (20% down, 5.5%)
Taxes: $911/mo · Insurance: $350/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. This listing mentions Above, the second-floor residential unit offers nearly 1,500 sq ft of living space, ideal for an owner-occupier or as a supplemental rental income stream.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?