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Caroline Marshall

carolinesellsmuskoka@gmail.com +1(705) 388-1792

$ 1,400,000

Est. payment -/mo

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Active

64 Francis ST Kitchener, ON N2H 5B5

1 Bed

3 Baths

3,289 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,289 sqft

Price per Sqft $425

MLS Listing ID 40823030

Style Two Story

Bedrooms 1

Full Baths 1

Half Baths 2

Abv Grd Liv Area 3,289

Annual Tax Amount $10,929

Property Sub-Type Single Family Residence

Source Cornerstone

Property 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.

Location

Province ON

County Waterloo

Area 2 - Kitchener East

Zoning SGW-3

Direction Water st to Francis

Rooms

Basement Full, Partially Finished

Kitchen 1

Interior

Interior Features Auto Garage Door Remote(s)

Heating Forced Air

Cooling Central Air

Fireplace No

Appliance Water Softener

Laundry In Basement, Laundry Room

Exterior

Exterior Feature Canopy, Private Entrance

Parking Features Attached Garage

Garage Spaces 2.0

View Y/N true

View Downtown

Roof Type Metal

Porch Enclosed

Lot Frontage 55.0

Lot Depth 157.0

Garage Yes

Building

Lot Description Urban, Paved, Ample Parking, Arts Centre, Cul-De-Sac, Public Parking, Public Transit, Quiet Area

Faces Water st to Francis

Foundation Block, Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Architectural Style Two Story

Structure Type Aluminum Siding

New Construction No

Others

Senior Community false

Tax ID 223170029

Ownership Freehold/None

Virtual Tour https://unbranded.youriguide.com/36evp_64_francis_st_n_kitchener_on/

Listed by Chestnut Park Realty Southwestern Ontario Limited

NEARBY SCHOOLS & PROPERTIES

Caroline Marshall

+1(705) 388-1792

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