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64 Francis Street N Kitchener, Ontario N2H 5B5

1 Bedroom 3 Bathroom 3000 - 3500 sqft
Central Air Conditioning Forced Air

$1,400,000

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)

Property Details

MLS® Number X13054458
Property Type Single Family
Neigbourhood Downtown
EquipmentType Water Heater
Features Paved Yard
ParkingSpaceTotal 9
RentalEquipmentType Water Heater
Structure Porch

Building

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

Parking

Attached Garage
Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 157 Ft
SizeFrontage 55 Ft
SizeIrregular 55 X 157 Ft
SizeTotalText 55 X 157 Ft
ZoningDescription Sfa-3

Rooms

Level Type Dimensions
Second Level Dining Room 3.46 m x 4.6 m
Second Level Kitchen 5.14 m x 3.94 m
Second Level Living Room 7.37 m x 4.56 m
Second Level Bedroom 5.39 m x 4.3 m
Second Level Den 3.25 m x 3.55 m
Basement Other 3.39 m x 3.92 m
Basement Laundry Room 5.39 m x 3.59 m
Basement Recreational, Games Room 7.19 m x 3.51 m
Basement Other 1.26 m x 2.24 m
Basement Other 3.39 m x 2.22 m
Basement Other 4.48 m x 7.82 m
Main Level Office 5 m x 3.21 m
Main Level Office 4.42 m x 8.27 m
Main Level Office 5.07 m x 3.92 m
Main Level Other 2.94 m x 5.96 m
Main Level Office 1.73 m x 3.69 m
Main Level Other 3.75 m x 4.26 m
Main Level Other 3.22 m x 3.21 m
Main Level Other 2.79 m x 0.91 m

https://www.realtor.ca/real-estate/29668347/64-francis-street-n-kitchener

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Miranda O'sullivan
Broker


Chestnut Park Realty(Southwestern Ontario) Ltd
75 King St South #50a
Waterloo, Ontario N2J 1P2

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