744 Queen Street, Kitchener, ON
Property Highlights
Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,249,000 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.
- 1 Bedroom and 6 Bathrooms with 5 functional kitchens
- Generous living space spanning 3000-3500 sqft on a premium 40 x 114 ft lot
- Features a partial basement, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 11.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Accessory Apartment
- equipped with window unit(s) central cooling and highly efficient forced air heating via electric
Description
Prime Cash-Flow Opportunity at 744 Queen St S, Kitchener! Discover this fully tenanted 6-unit mixed-use gem on a high-traffic corner in one of Kitchener's strongest rental markets. The property features four 1-bedroom units, one spacious 3-bedroom unit, and one commercial space with excellent street visibility, delivering strong, diversified income from long-term tenants right from day one. Boasting 11 parking spaces, a solid 1940s-built structure (approx. 3,000-3,500 sq ft) on a generous 40 x 114 ft lot, this turnkey investment offers outstanding tenant retention and hassle-free management. Just steps to transit, parks, schools, Highland Rd amenities, the Iron Horse Trail, and downtown Kitchener, it sits in a high-demand location with clear value-add potential. Stable cash flow, scalable upside, and a proven location-ideal for investors ready to grow their portfolio today.Showing Remarks:
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Property Summary
This multiplex located at 744 Queen Street, Kitchener is currently for sale and has been available on SousaSells for 5 days. This property is listed at $1,249,000 with an estimated mortgage of $4,157* per month. It has 1 bed, 6 bathrooms, and is 3000-3500 square feet. 744 Queen Street, Kitchener
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Kitchener.
- •1 spacious bedroom layout offering versatile living space
- •6 well-appointed bathrooms
- •3000-3500 sqft of generous functional square footage
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Hospital
- Park
- Public Transit
- Rec./Commun.Centre
- Place Of Worship
- Lake/Pond
Interior Features
- Accessory Apartment
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 744 Queen Street, Kitchener, ON
Q.What is the asking price for 744 Queen Street, Kitchener, ON ?
The current listing price for 744 Queen Street, Kitchener, ON in Kitchener is $1,249,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 1 bedroom and 6 bathrooms across approximately 3000-3500 sqft.
Q.What property type and architectural style is 744 Queen Street, Kitchener, ON ?
744 Queen Street, Kitchener, ON is a Multiplex (2-Storey) featuring a Partial Basement, Separate Entrance basement.
Q.What key property features does 744 Queen Street, Kitchener, ON offer?
Key property features include: Hospital, Park, Public Transit, Rec./Commun.Centre, Place Of Worship, Lake/Pond.
Q.What interior features are included in this home?
Interior highlights include: Accessory Apartment.
Q.Is parking available at this property?
Yes, this property offers parking space for 11.0 vehicles (Attached).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via Window Unit(s).
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Pricing & Value Insights
Data-driven valuation for 744 Queen Street S, Kitchener, ON N2M 1A4
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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 $1,249,000 in Kitchener, the legal minimum down payment is $249,800 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 $21,455 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 $21,455.
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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.