46 College Street
Kitchener
N2H 5A1
$12,995,000
Residential Income
beds: 0
baths: 0.0
67,000 sq. ft.
- Status:
- Active
- Prop. Type:
- Residential Income
- MLS® Num:
- 40801495
- Photos (16)
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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
- Bedrooms:
- 0
- Bathrooms:
- 0.0 (Full:-/Half:-)
- Lot Details:
- 129.84 x
- Lot Frontage:
- 129'10"
- Kitchens:
- 0
- County Or Parish:
- Waterloo
- Taxes:
- Signup
- Features:
- 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)
- Finished Area Above Grade:
- 1.54 acre(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
- false
- No
- Weber St W to College St & Younge St
- No
- HST Applicable To Sale Price:
- Yes
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Association Fee 2:
- Signup
- Association Fee 2 Frequency:
- Signup
- Administrative Fee:
- Signup
- Features:
- Crops Included: No, Garage: No, New Construction: No
- Road Access Fee:
- Signup
- Zoning:
- C5
- Lot Site Features:
- High Traffic Area, Hospital, Public Transit, Schools, Shopping Nearby
- Features:
- Crops Included: No, Garage: No, New Construction: No
- # Of Total Parking Spaces:
- 33.0
- # Of Open Parking Spaces:
- 33.0
- Driveway Parking:
- Outside/Surface/Open
- Num Apartment Units:
- 0
- Num Bachelor Units:
- 0
- Num Efficiency Units:
- 0
- Num Loft Units:
- 0
- Num Other Units:
- 0
- Num Penthouse Units:
- 0
- Num Studio Units:
- 0
- Total Units:
- Signup
- Listed Date:
- Jan 30, 2026
-
View of building exterior -
View of property
-
View of building exterior
-
View of apartment building / complex
-
Kitchen featuring stainless steel appliances, white cabinets, decorative backsplash, and light wood finished floors
-
Hallway with a textured wall and light wood-style floors
-
Utility room featuring gas meter
-
View of apartment building / complex
-
View of front of home featuring brick siding and a balcony
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Snow covered rear of property featuring stairs, a deck, brick siding, and a chimney
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View of asphalt road with curbs
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Stairway featuring a chandelier, crown molding, and concrete floors
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Unfurnished bedroom with a walk in closet, dark wood finished floors, a textured ceiling, and a wood stove
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Unfurnished bedroom with dark wood-style flooring, a textured ceiling, a closet, and baseboard heating
-
Kitchen featuring appliances with stainless steel finishes, white cabinets, dark wood-type flooring, light stone countertops, and backsplash
-
Bathroom with shower / bathtub combination and vanity
Listed by Real Broker Ontario Ltd.
Data was last updated January 30, 2026 at 09:50 PM (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.
- MELANIE & WARREN MCNEIL
- PEAK REALTY LTD, BROKERAGE
- 5195903767
- Contact by Email
5-25 Bruce St
Kitchener, ON, N2B 1Y4