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183 Louisa St 2,614 SF Retail Building Kitchener, ON N2H 5M4 $800,000 CAD ($306.04 CAD/SF)



Executive Summary
Fully tenanted mixed-use property on a 66.60 × 126 ft lot , situated directly opposite 178 Louisa Street. Three income-producing units: a premium barbershop occupying the commercial unit with its own entrance, dedicated furnace, and business driveway; Unit A — fully renovated 2018, 3 bedrooms plus 1-bedroom basement suite, separate laundry; Unit B — 2 bedrooms, full bathroom, separate laundry. Detached double car garage (additional income potential). Roof replaced 2018. Central AC 2019. Two separate hydro meters. 10 parking spaces across 2 driveways. All units fully tenanted — income from possession date. Less than 1 km from Google HQ, downtown Kitchener, and GO Station. ION LRT corridor adjacent. Redevelopment potential — can be rebuilt as duplex, five-plex, or other residential configuration. Real property only — business not included. Must be purchased together with 178 Louisa Street, Kitchener. Combined price: $6,800,000. MLS 40839203
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,614 SF
Building Class
C
Year Built
1926
Price
$800,000 CAD
Price Per SF
$306.04 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.33
Lot Size
0.18 AC
Zoning
SGA-1 - Strategic Growth Area Zoning
Parking
4 Spaces (1.53 Spaces per 1,000 SF Leased)
Frontage
79’ on Louisa Street
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Mahler's Hairstyling
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Mahler's Hairstyling | Services | - | - | - |
Moderately walkable
70/100
Moderately drivable
60/100
Good public transit
60/100
Moderately bikeable
70/100
Nearby Major Retailers
1 of 8
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183 Louisa St
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