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:61852)
| MLS® Number | X13054458 |
| Property Type | Single Family |
| Neigbourhood | Downtown |
| EquipmentType | Water Heater |
| Features | Paved Yard |
| ParkingSpaceTotal | 9 |
| RentalEquipmentType | Water Heater |
| Structure | Porch |
| BathroomTotal | 3 |
| BedroomsAboveGround | 1 |
| BedroomsTotal | 1 |
| Age | 51 To 99 Years |
| Amenities | Canopy |
| Appliances | Garage Door Opener Remote(s), Water Softener |
| BasementFeatures | Walk-up |
| BasementType | Partial, Full, None, N/a |
| ConstructionStyleAttachment | Detached |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Vinyl Siding |
| FoundationType | Poured Concrete |
| HalfBathTotal | 2 |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 3000 - 3500 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
| Attached Garage | |
| Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 157 Ft |
| SizeFrontage | 55 Ft |
| SizeIrregular | 55 X 157 Ft |
| SizeTotalText | 55 X 157 Ft |
| ZoningDescription | Sfa-3 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Dining Room | 3.46 m | 4.6 m | 3.46 m x 4.6 m |
| Second Level | Kitchen | 5.14 m | 3.94 m | 5.14 m x 3.94 m |
| Second Level | Living Room | 7.37 m | 4.56 m | 7.37 m x 4.56 m |
| Second Level | Bedroom | 5.39 m | 4.3 m | 5.39 m x 4.3 m |
| Second Level | Den | 3.25 m | 3.55 m | 3.25 m x 3.55 m |
| Basement | Other | 3.39 m | 3.92 m | 3.39 m x 3.92 m |
| Basement | Laundry Room | 5.39 m | 3.59 m | 5.39 m x 3.59 m |
| Basement | Recreational, Games Room | 7.19 m | 3.51 m | 7.19 m x 3.51 m |
| Basement | Other | 1.26 m | 2.24 m | 1.26 m x 2.24 m |
| Basement | Other | 3.39 m | 2.22 m | 3.39 m x 2.22 m |
| Basement | Other | 4.48 m | 7.82 m | 4.48 m x 7.82 m |
| Main Level | Office | 5 m | 3.21 m | 5 m x 3.21 m |
| Main Level | Office | 4.42 m | 8.27 m | 4.42 m x 8.27 m |
| Main Level | Office | 5.07 m | 3.92 m | 5.07 m x 3.92 m |
| Main Level | Other | 2.94 m | 5.96 m | 2.94 m x 5.96 m |
| Main Level | Office | 1.73 m | 3.69 m | 1.73 m x 3.69 m |
| Main Level | Other | 3.75 m | 4.26 m | 3.75 m x 4.26 m |
| Main Level | Other | 3.22 m | 3.21 m | 3.22 m x 3.21 m |
| Main Level | Other | 2.79 m | 0.91 m | 2.79 m x 0.91 m |
https://www.realtor.ca/real-estate/29668347/64-francis-street-n-kitchener
Contact us for more information
Miranda O'sullivan
Broker