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:
Kitchener Waterloo Collegiate And Vocational School
Public, 9-12 • Assigned
Provided by Local Logic
Lifestyle
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Kitchen
Bathroom
Living
Interior features
Partial basement
Flat topography
Heating & cooling
Electric forced air heating
Window-unit cooling
Exterior features
Asphalt roof
Irregular, level lot
North-facing
No pool
Home design
Residential income multi-family (multiplex)
2 stories
Parking
Total 11 parking spaces
2 covered spaces
Attached garage
Construction
Brick and vinyl siding exterior
Stone foundation
Utilities
Public water
Cable available
Sale and tax history for 744 Queen St S
Sale History
Tax History
Date
Event
Price
TREB #X13663876
Aug 6, 2026
Listed
$1,249,000
TREB #X12095278
Oct 21, 2025
Delisted
—
Apr 22, 2025
Listed
$1,399,000
+41
Great opportunity with this perfectly located 6 unit investment property! This fully tenanted multi-family property features 5 residential units, 1 commercial unit complete with 11 total parking spaces. Located steps from St Mary's hospital, ION rail, both Victoria and Woodside park, downtown Kitchener, schools and any amenity you could need making this a desirable location for both investors and tenants! Featuring a mix of residential and commercial units, the property has been well maintained and updated over the past decade interior renovations, new appliances, furnaces, electrical updates, ductwork, railings, deck, garage and more. Includes assigned parking, with additional income potential from garage/storage space on site. This is a rare chance to acquire a well-maintained, income-generating asset in one of Kitchener's most desirable and connected communities.
As the MLS and public records start to fill up, we'll list the details here.