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$1,400,000
Ontario,Kitchener
For Sale Active
64 FRANCIS Street N, Kitchener, Ontario N2H5B5
  • 1
  • 3
  • 3,289 Sqft
Basic Details
Description

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:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 40823030
  • Price: $1,400,000
  • Bedrooms: 1
  • Bathrooms: 3
  • Half Bathrooms: 2
  • Square Footage: 3,289 Sqft
  • Status: Active
  • Property Sub Type: Single Family
  • Office Key: 296447
Features & Appliances
Features
  • Heating System: Forced air
  • Cooling System: Central air conditioning
  • Basement: Full, Partially finished
  • Parking: Open, Attached Garage
  • Architectural Style: 2 Level
  • Exterior Features: Aluminum siding
  • Sewer: Municipal sewage system
Address Map
  • Location: CA, Ontario, Kitchener, 212 - Downtown Kitchener/East Ward, N2H5B5
  • Street: FRANCIS
  • Street Number: 64
  • Street Suffix: Street
  • Longitude: W81° 30' 21.3''
  • Latitude: N43° 27' 13.4''
  • Street Dir Suffix: North
Additional Information
  • Water Source:
  • Community Features:
  • Foundation Details:
  • Lot Features:
  • Stories: 2.0
Financial
  • Tax Annual Amount: 10929.33
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Listing updated: 2026-04-29 01:43:58
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Listing Information
  • List Agent Key: 1564283
  • List Office Key: 296447
  • Modification Timestamp: 2026-04-28T19:45:11Z
  • Originating System Name: Cornerstone Association of REALTORS®
  • Status Change Timestamp: 2026-04-28T19:39:28Z
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Listing updated: 2026-04-29 01:43:59
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