For Sale

46 College Street, Kitchener, Ontario N2H 5A1

$0

46 College Street, Kitchener, Ontario N2H 5A1 is For Sale and has a listing price of 13,500,000. The property is located in the Kitchener . It's been on the website for 4 Days.

  • Investment
    Property Type
  • MLS ID: X12432929
  • Office Name REAL BROKER ONTARIO LTD.
Property Description

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.

Property Details
  • MLS ID: X12432929
  • Price: $13,500,000
  • Lot Depth: N/A
  • Transaction Types: For Sale
  • Ref ID: X12432929
  • Year Built: N/A
  • Dir / Cross St: Weber St W
  • Status: Active
  • Tax Year: 2024
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
09/29/2025 X12432929 $13,500,000 For Sale - -
08/08/2025 X12334354 $8,500,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Kitchener
  • $976,096 Average List Price
    based on 1 year
  • 181 New Listings
    based on 30 days
  • 45 Median Days on Market
    based on 1 year
  • List vs. Selling Price 151.88 % Up
  • Sold (12mo) 1,241
  • Rented (12mo) 523

  • 1 Month Change +1.4%
  • 3 Month Change -11.0%
  • 6 Month Change -21.1%
Walkscore
  • 98 Walk Score
    Walker's Paradise
  • 66 Transit Score
    Good Transit
  • 92 Bike Score
    Biker's Paradise
Additional Details
  • Heat Type Baseboard
  • Garage Type Outside/surface
  • Taxes: $102,504
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 29/09/2025 19:31:47
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