64 Francis Street

Kitchener, Ontario N2H5B5

MLS # X13054458

$1,400,000

Property Details

Type

Detached

Beds

Baths

Status

For Sale

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About this property

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.

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Property taxes: about $911/month based on listed annual taxes.

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Rooms

Room	Level	Dimensions
Office	Main level	5 x 3.21
Dining room	Second level	3.46 x 4.6
Kitchen	Second level	5.14 x 3.94
Living room	Second level	7.37 x 4.56
Other	Basement	3.39 x 3.92
Laundry room	Basement	5.39 x 3.59
Recreational, Games room	Basement	7.19 x 3.51
Other	Basement	1.26 x 2.24
Other	Basement	3.39 x 2.22
Office	Main level	4.42 x 8.27
Other	Basement	4.48 x 7.82
Office	Main level	5.07 x 3.92
Other	Main level	2.94 x 5.96
Office	Main level	1.73 x 3.69
Other	Main level	3.75 x 4.26
Other	Main level	3.22 x 3.21
Other	Main level	2.79 x 0.91
Bedroom	Second level	5.39 x 4.3
Den	Second level	3.25 x 3.55