Room 1
Level not provided
744 Queen St
Kitchener, Ontario N2M 1A4
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:
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- X13663876
- Board
- TRREB MLS®
- Days on market
- Tax
- $6,159
- Size
- 3000-3500 sqft
- Lot
- 40 × 114 Feet
- Parking
- 2 Attached, 11 Parking
Listing History
Listing activity for 744 Queen St, Kitchener, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $1,249,000 | N/A | For Sale | X13663876 |
Property Details
Property
- Property Type
- Multiplex
- Style
- 2-Storey
- Municipality
- Kitchener
Inside
- Bedrooms
- 1
- Bathrooms
- 6
- Bathroom Detail
- 1, 3pc, Bsmt
- Bathroom Detail
- 4, 4pc, 2nd
- Bathroom Detail
- 1, 2pc, Main
- Basement Type
- Part Bsmt
- Kitchens
- 4
Utilities
- Water
- Municipal
- Cooling
- Window Unit
- Heating Type
- Forced Air
Building
- Size
- 3000-3500 sqft
- Construction
- Brick
Parking
- Driveway
- Other
- Garage Type
- Attached
- Garage
- 2
- Add. Parking
- 9
- Total Parking
- 11
Land
- Sewer
- Sewers
- Lot Size
- 40 × 114 Feet
- Lot Size Code
- Feet
Additional
- Year built
- 51-99
- Foundation
- Concrete, Stone
- Roof
- Asphalt Shingle
- Fireplace
- N
- Pool
- None
- Den
- N
- Family room
- N
Rooms (12)
Room 2
Level not provided
Room 3
Level not provided
Room 4
Level not provided
Room 5
Level not provided
Room 6
Level not provided
Room 7
Level not provided
Room 8
Level not provided
Room 9
Level not provided
Room 10
Level not provided
Room 11
Level not provided
Room 12
Level not provided
Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
14 records read 7 on record nearby 7 checked, none on recordRead 2026-11-04
Water and conservation
- No mapped wetland within 120 m
- No water-supply well recorded within 250 m5 test or monitoring holes also recorded.
- Groundwater recorded about 2.4 m below ground nearbyThe middle water level in the well records within 500 m (83 records). It changes with the season and from spot to spot.
Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- Nearest airport: 8.2 km
Province of Ontario open data
Around the home
- Nearest rail line: 190 m
- A trail on the Ontario trail network within 1 km
Province of Ontario open data
Environmental records
- No licensed pit or quarry within 2 km
- No recorded oil, gas or salt well within 250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is AirBoss of America Corp. — RUBBER SOLUTIONS DIVISION, 1.5 km away. Only facilities above the inventory’s reporting thresholds are listed.
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by Enova Power Corp.
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Netflash Internet Solutions, Rogers, Vianet, Waterloo Wireless, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$5,726
- Down payment$249,800
- Mortgage amount$999,200
- Total interest$718,600
- Total cost$1,967,600
Cash flow analysis
$5,726
Total monthly payment
$6,239
Break-even down payment
100%
Cash flow-$6,239
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
$1,249,000
$1,249,000
CAD
Estimate unavailable
Similar active listings
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.