178 Louisa Street, Kitchener, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Kitchener. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $6,000,000 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.
- 0 Bedrooms and 0 Bathrooms
- Spacious lot size measured in Feet
- Convenient outside/surface garage included
- equipped with partial central cooling and highly efficient gas forced air open heating
Description
Rare triple-frontage commercial and industrial property on the Weber Street West corridor. Currently owner-operated across 3 freestanding buildings totaling 16,218 sf and 12 separately leasable units. Significant income potential upon new ownership. The showroom features soaring open-web truss ceilings, floor-to-ceiling windows, glass-enclosed private office, vehicle ramp, 200A/600V electrical service, and a fully finished 1,319 sf basement with kitchen and washroom. Compound includes multiple drive-in industrial and storage units with varying ceiling heights up to 21 feet. Approx. 150 combined parking stalls across the full L-shaped site. Weber corridor, Innovation District, and ION LRT adjacency provide strong development upside.RES-5 legal non-conforming use. Real property only - business not included. Must be purchased together with 183 Louisa Street, Kitchener. Combined price: $6,800,000. ( X13514914)
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Pricing & Value Insights
Data-driven valuation for 178 Louisa Street, Kitchener, ON N2H 5M5
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Kitchener, ON
For a property listed at $6,000,000 in Kitchener, the legal minimum down payment is $1,200,000 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 $136,475 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 $136,475.
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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.