61 MOUNT HOPE Street Kitchener

61 MOUNT HOPE Street, Kitchener, Ontario

$725,000

  • 3 Beds
  • 1 Bath
  • 1,315 Square Feet

Prime Investment Opportunity in the Heart of Midtown Kitchener-Waterloo-Attention investors & developers! This is your chance to secure a rare & exceptional investment package in the heart of Kitchener-Waterloo’s dynamic Midtown. Located just steps from Grand River Hospital, this offering includes 3 income-generating properties—485 Park Street, 491 Park Street, & 61 Mt. Hope. These properties, being sold together as a bundled package, offer unparalleled potential for income generation, development, & long-term growth. Currently occupied by tenants, these properties ensure a steady & reliable stream of rental income. Adding to their revenue potential is a 4th unit, presently utilized for storage, which can be converted into a leasable space for additional income. The zoning designations (I-2 & SGA-2) & local planning regulations allow for increased density & the development of residential units, positioning this package as a prime redevelopment opportunity. Situated in the coveted Midtown area, these properties boast an enviable location offering exceptional connectivity & urban convenience. Just a short walk to Belmont Village & Uptown Waterloo, you’ll find vibrant shopping, charming boutiques, top-tier restaurants, & thriving businesses, including Sun Life. The nearby LRT station ensures effortless commuting & seamless access to the region’s core areas, making this location highly desirable for tenants & future development. Whether you’re looking to expand your investment portfolio, maximize rental income, or capitalize on the redevelopment potential, this package represents a one-of-a-kind opportunity in one of Kitchener-Waterloo’s most sought-after areas. Don’t miss your chance to secure your stake in Kitchener-Waterloo’s flourishing real estate landscape. Contact us today for more details!*The price listed is for this property only-it does not include the cost of the other 2 properties. All 3 properties are being sold together & are not being sold separately* (id:56241)

  • Listing ID: 40679732
  • Property Type: Single Family

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Rooms

LevelTypeDimensions
4pc Bathroom Second level Measurements not available
Primary Bedroom Second level 14'0'' x 10'0''
Bedroom Second level 14'0'' x 10'0''
Bedroom Second level 12'0'' x 10'0''
Family room Main level 12'0'' x 10'0''
Kitchen Main level 12'0'' x 12'0''
Dining room Main level 10'0'' x 10'0''

Details

  • Architectural Style: 2 Level
  • Amenities Nearby: Golf Nearby, Hospital, Public Transit, Schools, Shopping
  • Community Features: Community Centre
  • Equipment: None
  • Features: Conservation/green belt
  • Ownership: Freehold
  • Parking Spaces: 3
  • Rental Equipment: None
  • Transaction: For sale
  • Zoning Description: INS-1 & SGA-2

Building

  • Architectural Style: 2 Level
  • BasementType: Full (Unfinished)
  • Basement Development: Unfinished
  • Bedrooms Main Level: 3
  • Construction Style Attachment: Detached
  • Cooling: Central air conditioning
  • Exterior Finish: Aluminum siding, Brick
  • Fireplace Present: False
  • Foundation: Stone
  • Bathrooms (Total): 1
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 1315 sqft
  • Stories Total: 2
  • Type: House
  • Utility Water: Municipal water

Land

  • Access Type: Highway access, Rail access
  • Amenities: Golf Nearby, Hospital, Public Transit, Schools, Shopping
  • Sewer: Municipal sewage system
  • Size Frontage: 33 ft
MLS®

Listing provided by RE/MAX TWIN CITY REALTY INC., BROKERAGE
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 61 MOUNT HOPE Street in Kitchener Ontario. It was last modified on November 21st, 2024. Contact us to schedule a viewing or to discover other Kitchener homes for sale.

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