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64 Francis St N, Kitchener, ON

House

For Sale

$--,---,---

139

MLS® 40823030

Key Facts
Description
Map

Key Facts

Type Single Family Residence

Levels Residential

Size 3289 sqft

Garage Yes

Taxes $10,929

Days Active 0

Lot Size

Approx. Age

Avg. Price Per Sqft $425

MLS® Number 40823030

Property Address: 64 Francis St N, Kitchener, ON, N2H5B5

Average square foot calculated using Size range provided by listing agent.

Description

Unlock the potential of this versatile mixed-use property in a prime downtown location, offering a rare opportunity to create a customized live/work environment or income-generating investment. The main floor commercial space, currently configured as a salon, provides a flexible layout ready to be reimagined for a variety of uses including professional office, boutique retail, studio space, or continued personal service operations. With strong street presence and on-site parking, this space is ideally positioned for a business looking to establish or grow in the downtown core. Above, the second-floor residential unit offers nearly 1, 500 sq ft of living space, ideal for an owner-occupier or as a supplemental rental income stream. A welcoming foyer and staircase lead to an open-concept kitchen and dining area, an updated 3-piece bath, sunken living room, and a bedroom complemented by a versatile den that could function as a home office, walk-in closet, or potential second bedroom. What truly sets this property apart is the rare combination of extensive on-site parking, a double-car garage, and outdoor space. The generous rear parking area, front courtyard, and garage offer convenience for clients and residents, with potential for additional income through parking rentals in a high-demand downtown setting. The basement provides flexibility for storage, workspace, or future expansion. The property features a durable steel roof, heated eavestroughs with leaf guard, and updated windows, contributing to ease of ownership while allowing room to modernize and add value. Zoned SGA-3, it supports a wide range of permitted uses, making it ideal for investors, entrepreneurs, or owner-users. Based on projected market rents, the property presents an attractive income opportunity with an estimated cap rate in the ~5% range and clear upside potential.Show Description

MLS® Number40823030

Laundry LevelLower

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age

BasementFull, Partially Finished

DrivewayAttached Garage

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

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Home Appraisal

This property is estimated to sell between: $483,000 and $1,859,000.

Similar properties in this area sold on average for: $483,470

Expected to sell in 49 days. Similar properties sold in 49 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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