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Home ON Kitchener - Cambridge - Waterloo Waterloo Region Kitchener City Commercial Core
46 COLLEGE STREET
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46 COLLEGE STREET $13,500,000
$13,500,000
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46 COLLEGE STREET
Kitchener, Ontario N2H5A1

MLS® Number: X12432929

Listing 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, stainless 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. (41359651)

Location Description

Cross Streets: Weber St W. ** Directions: Weber St W to College St & Younge St.

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Land Size
129.84 FT
Annual Property Taxes
$102,504
Time on REALTOR.ca
77 days

Building

Interior Features
Appliances Included
Water Heater, Window Coverings
Heating & Cooling
Cooling
None
Heating Type
Baseboard heaters
Utilities
Water
Municipal water

Measurements

Square Footage
76000 sqft

Land

Lot Features
Frontage
129 ft ,10 in
Other Property Information
Zoning Description
C5
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JEFF MARGOLIS