64 Francis Street N, Kitchener, ON, N2H 5B5

Property Details: - Type: Detached - Bedrooms: 1 - Bathrooms: 3 - MLS#: X13054458 Listed By: CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD

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. This detached home located at 64 Francis Street N, Kitchener is currently for sale and has been available on Zolo.ca for 1 day. This property is listed at $1,400,000 with an estimated mortgage of $5,153* per month. It has 1 bed, 3 bathrooms, and is 3000-3500 square feet. The property was built in 51-99. 64 Francis Street N, Kitchener is in the City Commercial Core neighborhood Kitchener. Cedar Hill, Victoria Park and Central Frederick are nearby neighborhoods.