744 Queen Street S
Kitchener, Waterloo ON N2M 1A4
$1,249,000
Prime Cash-Flow Opportunity at 744 Queen St S, Kitchener! Discover this fully tenanted 6-unit mixed-use gem on a high-traffic corner in one of Kitchener's strongest rental markets. The property features four 1-bedroom units, one spacious 3-bedroom unit, and one commercial space with excellent street visibility, delivering strong, diversified income from long-term tenants right from day one. Boasting 11 parking spaces, a solid 1940s-built structure (approx. 3,000-3,500 sq ft) on a generous 40 x 114 ft lot, this turnkey investment offers outstanding tenant retention and hassle-free management. Just steps to transit, parks, schools, Highland Rd amenities, the Iron Horse Trail, and downtown Kitchener, it sits in a high-demand location with clear value-add potential. Stable cash flow, scalable upside, and a proven location-ideal for investors ready to grow their portfolio today.Showing Remarks:
| Listing Key: | X13663876 |
|---|---|
| List Price: | $1,249,000 |
| Property Type: | Residential |
| Property Sub Type: | Multiplex |
| Property Status: | Active |
| Bedrooms Total: | 1 |
| Bathrooms Total Integer: | 6 |
| Tax Annual Amount: | $6,159 |
| Architectural Style: | 2-Storey |
| Waterfront?: | No |
| City: | Kitchener |
| Postal Code: | N2M 1A4 |
| Approximate Age: | 51-99 |
| Assessment Year: | 2,025 |
| Basement: | Partial Basement, Separate Entrance |
| Basement Yn: | No |
| Bathrooms Total Integer: | 6 |
| Bedrooms Above Grade: | 1 |
| Cable Yna: | Yes |
| Construction Materials: | Brick, Vinyl Siding |
| Contract Status: | Available |
| Cooling: | Window Unit(s) |
| Covered Spaces: | 2.0 |
| Cross Street: | Brock ST. |
| Ddfyn: | Yes |
| Direction Faces: | North |
| Electric Yna: | Yes |
| Foundation Details: | Concrete, Stone |
| Garage Type: | Attached |
| Garage?: | Yes |
| Gas Yna: | Yes |
| Heat Source: | Electric |
| Heat Type: | Forced Air |
| Holdover Days: | 60 |
| Hst Application: | In Addition To |
| Interior Features: | Accessory Apartment |
| Kitchens Above Grade: | 4 |
| Kitchens Below Grade: | 1 |
| Kitchens Total: | 5 |
| Listing Contract Date: | 2026-08-06 |
| Listing Key: | X13663876 |
| Living Area Range: | 3000-3500 |
| Lot Depth: | 114.0 |
| Lot Shape: | Irregular |
| Lot Size Source: | MPAC |
| Lot Size Units: | Feet |
| Lot Width: | 40.0 |
| Status: | New |
| Original List Price: | $1,249,000 |
| Parcel Number: | 224310143 |
| Parking Features: | Other |
| Parking Spaces: | 9 |
| Parking Total: | 11.0 |
| Pool Features: | None |
| Possession Date: | 2026-08-25 |
| Possession Details: | Flexible |
| Property Features: | Hospital, Park, Public Transit, Rec./Commun.Centre, Place Of Worship, Lake/Pond |
| Roll Number: | 301205000206900 |
| Roof: | Asphalt Shingle |
| Rooms Above Grade: | 1 |
| Rooms Below Grade: | 1 |
| Sewer: | Sewer |
| Sewer Yna: | Yes |
| Special Designation: | Unknown |
| State Or Province: | ON |
| Tax Assessed Value: | $390,000 |
| Tax Year: | 2025 |
| Telephone Yna: | Yes |
| Topography: | Flat |
| Transaction Type: | For Sale |
| Washrooms Type1: | 1 |
| Washrooms Type1 Level: | Basement |
| Washrooms Type1 Pcs: | 3 |
| Washrooms Type2: | 4 |
| Washrooms Type2 Level: | Second |
| Washrooms Type2 Pcs: | 4 |
| Washrooms Type3: | 1 |
| Washrooms Type3 Level: | Main |
| Washrooms Type3 Pcs: | 2 |
| Water: | Municipal |
| Water Yna: | Yes |
| Zoning: | R2 |
| Directions: | Highland Rd. to Queen st. |
| Lot Size Area Units: | Acres |
| Possession Type: | Flexible |
| Survey Type: | Available |
| Water Meter Yn: | Yes |
| Heat Source Multi: | Electric, Gas |
| Heat Type Multi: | Forced Air |
| County Or Parish: | Waterloo |
| City: | Kitchener |
Listing Courtesy of: RE/MAX REAL ESTATE CENTRE INC.
Listing Agent:
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All information is believed accurate but not guaranteed. The properties displayed may not be all of the properties available through the IDX Program. Any use of this site other than by potential buyers or sellers is strictly prohibited.
© 2026 Toronto Real Estate Board.
Toronto Real Estate Board data last updated on October 08, 2026 05:13 PM - ET.
Property Last Updated: October 08, 2026 05:13 PM - ET
