64 Francis Street N Kitchener, Ontario N2H 5B5
$1,400,000
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:63008)
Property Details
| MLS® Number | 40823030 |
| Property Type | Single Family |
| Neigbourhood | City Commercial Core |
| AmenitiesNearBy | Public Transit |
| CommunityFeatures | Quiet Area |
| EquipmentType | Water Heater |
| Features | Cul-de-sac, Automatic Garage Door Opener |
| ParkingSpaceTotal | 9 |
| RentalEquipmentType | Water Heater |
Building
| BathroomTotal | 3 |
| BedroomsAboveGround | 1 |
| BedroomsTotal | 1 |
| Appliances | Water Softener |
| ArchitecturalStyle | 2 Level |
| BasementDevelopment | Partially Finished |
| BasementType | Full (partially Finished) |
| ConstructionStyleAttachment | Detached |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Aluminum Siding |
| FoundationType | Poured Concrete |
| HalfBathTotal | 2 |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 3289 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
Parking
| Attached Garage | |
| Open |
Land
| Acreage | No |
| LandAmenities | Public Transit |
| Sewer | Municipal Sewage System |
| SizeDepth | 157 Ft |
| SizeFrontage | 55 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | Sgw-3 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | 3pc Bathroom | Measurements not available | ||
| Second Level | Den | 10'8'' x 11'8'' | ||
| Second Level | Bedroom | 17'8'' x 14'1'' | ||
| Second Level | Living Room | 24'2'' x 14'11'' | ||
| Second Level | Dining Room | 11'4'' x 15'1'' | ||
| Second Level | Kitchen | 16'11'' x 12'11'' | ||
| Basement | Gym | 11'2'' x 12'10'' | ||
| Basement | Utility Room | 14'8'' x 25'8'' | ||
| Basement | Storage | 11'2'' x 7'4'' | ||
| Basement | Storage | 9'0'' x 3'10'' | ||
| Basement | 1pc Bathroom | Measurements not available | ||
| Basement | Laundry Room | 17'8'' x 11'7'' | ||
| Basement | Recreation Room | 23'7'' x 11'6'' | ||
| Basement | Utility Room | 17'5'' x 2'5'' | ||
| Main Level | 2pc Bathroom | Measurements not available | ||
| Main Level | Storage | 9'2'' x 3'0'' | ||
| Main Level | Other | 10'7'' x 10'6'' | ||
| Main Level | Other | 12'3'' x 14'0'' | ||
| Main Level | Studio | 16'8'' x 12'10'' | ||
| Main Level | Studio | 14'6'' x 27'2'' | ||
| Main Level | Studio | 16'5'' x 10'6'' | ||
| Main Level | Office | 5'8'' x 12'1'' | ||
| Main Level | Foyer | 9'8'' x 19'7'' |
https://www.realtor.ca/real-estate/29668047/64-francis-street-n-kitchener
Miranda O'sullivan
Broker
75 King Street South Unit 50a
Waterloo, Ontario N2J 1P2
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
April 28 2026 07:39:28
REALTORS® Association of Hamilton-Burlington
Chestnut Park Realty Southwestern Ontario Limited