Welcome to this remarkable Other other located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $800,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
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( Mls # X13514898)
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Data-driven valuation for 183 Louisa Street, Kitchener, ON N2H 5M4
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Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Kitchener.
About Purchasing a Home in Kitchener, ON
For a property listed at $800,000 in Kitchener, the legal minimum down payment is $55,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $12,475 for this transaction. As this listing is in Kitchener (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $12,475.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.