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William Chim
604-961-8688
realtor phone number +1 (604) 961-8688
agent realty RA Realty Alliance Inc.
778-589-2688
46 COLLEGE Kitchener, Ontario N2H5A1, Kitchener , N2H5A1
Listing ID: 40801495
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$12,795,000
Price
67,000
Sq. Ft.
Data last updated: March 23, 2026 at 08:53am
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Property Description

$5.45m CMHC assumable debt @ 2.6% + 2nd mortgage top up options available to 85% LTV. 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. (id:26452)

Other located at 46 COLLEGE Kitchener, Ontario N2H5A1. 46 COLLEGE Kitchener, Ontario N2H5A1 is in the Kitchener neighborhood. Kitchener, Westmount, and 415 - Uptown Waterloo/Westmoun are nearby neighbourhoods.
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Agent Contact: Ilan Friedner Phone: +19055194847
Listing Courtesy of: Ambitious Realty Advisors Inc.,
Source: crea , MLS#: 40801495 Agent Contact: Jeff Margolis Phone: +14166705998
Listing Courtesy of: Real Broker Ontario Ltd.
Source: crea , MLS#: 40801495 Agent Contact: Elton Ilir Demirxhiu Phone: +16476094876
Listing Courtesy of: Real Broker Ontario Ltd.
Source: crea , MLS#: 40801495

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William Chim
604-961-8688

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William Chim
604-961-8688
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$3,703.37
Monthly
$878,400
Total Mortgage
$219,600
Down Payment