Offered together as one opportunity: 46-56 College Street and 58 & 64 Weber Street West in downtown Kitchener. Four updated low-rise walk-ups totalling 74 residential suites in a high-demand urban core location. 46-56 College Street (46 suites) offers renovated interiors with modern kitchens, stainless steel appliances, gas fireplaces, and individual thermostats, plus 17 surface parking stalls. 58 & 64 Weber Street West (28 suites) present turnkey interiors with modern kitchens and flooring, heating via in-suite gas fireplaces/baseboards, separate hydro, and 16 surface parking stalls. Prime, walkable location steps to ION LRT, GO Transit, Victoria Park, City Hall, Grand River Hospital, Uptown Waterloo, Market Square, restaurants, and the innovation district. Strong rental demand supported by professional operations with clear rental upside as suites turn over, offering a stable cash-flowing asset with long-term growth potential. Properties are marketed and conveyed together as one transaction on separate PINs with common debt structure, presenting investors with scale, efficiency, and a strong value-add repositioning play. Detailed financials, rent rolls, P&L statements, and property information available to qualified buyers upon execution of a confidentiality agreement.
Property Type:
Residential Income
Property SubType:
Multi Family
Listing General Location:
212 - Downtown Kitchener/East Ward, 2 - Kitchener East
Crops Included: No, Garage: No, New Construction: No
Construction:
Brick
Basement:
Full, Partially Finished
Roof:
Asphalt, Shingle
Number of Storeys:
3
Number of Buildings:
0
Total Floor Area:
1.54 acre(s)0.62 hectare(s)
Finished Area Above Grade:
1.54 acre(s)0.62 hectare(s)
Fireplace:
false
Laundry Features:
Coin Operated, Common Area
Water Supply:
Municipal
Sewer:
Sewer (Municipal)
Cooling:
None
Heating:
Baseboard, Natural Gas
Other,Hot Water Tank (Owned). All Existing Fridges, Stoves, Light Fixtures, And Window Coverings In Units; Laundry Equipment; Any Fixtures Not Owned By Tenants.
Water Purifier, Water Softener
All Tenant Belongings.
Built-In Appliances, Separate Heating Controls, Separate Hydro Meters
Data was last updated January 31, 2026 at 01:50 AM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$950,000
Min list price:
$649,900
Max list price:
$2,980,000
Avg days on market:
73
Min days on market:
7
Max days on market:
225
Avg price per sq.ft.:
$330.52
These statistics are generated based on the current listing's property type
and located in
2 - Kitchener East. Average values are
derived using median calculations. This data is not produced by the MLS® system.