About 64 Francis Street N
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. (id:6289)
More Info on this 212 - Downtown Kitchener/East Ward House MLS® listing
64 Francis Street N is a house listing for sale in Kitchener. The MLS® number is 40823030. It features 1 bedroom, 3 bathrooms and covers 3,289 square feet. It's currently listed for $1,400,000. For more details on MLS® 40823030, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This house listing in 212 - Downtown Kitchener/East Ward is available now!
Selling your 212 - Downtown Kitchener/East Ward House property?
Have a similar home to 64 Francis Street N? If you’re thinking about selling your 212 - Downtown Kitchener/East Ward house property, then we should chat. Fill in the form on this page, or click request info, and we’ll get right back to you, and we can chat about selling your Kitchener property.
