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For saleMLS® X13663876

744 Queen Street S, Kitchener, ON N2M 1A4

$1,249,000

$416 / sq ft

2 months on market

Bedrooms
1
Bathrooms
6
Interior
3,000 sf
Parking
11
Lot
40 × 114 ft
Age
51-99 years

What's special

  • Attached garage
  • Window unit(s)
  • Separate entrance
  • Accessory apartment

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About this property

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:

Features

  • Accessory Apartment

Property details

Property

Property type
multiplex
Bedrooms
1
Bathrooms
6
Interior size
3,000 sq ft
Year built
51-99
Lot size
40 × 114 ft
Zoning
R2
Possession
Flexible

Interior

Basement
Partial Basement, Separate Entrance
Heating
Forced Air · Electric
Cooling
Window Unit(s)
Exposure
North

Exterior & services

Construction
Brick, Vinyl Siding
Garage
Attached
Parking spaces
11
Sewer
Sewer

Costs

List price
$1,249,000
Property taxes
$6,159 / year (2025)
Price per sq ft
$416

Listing

MLS® number
X13663876
Status
For sale
Listed
August 11, 2026
Days on market
85
Last updated
August 11, 2026
Listing brokerage
RE/MAX REAL ESTATE CENTRE INC.

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 72% of comparable multiplex listings in Kitchener are asking less.

$575KMedian $925K$1.65M
This home
$416 / sq ft
Comparable median
$483 / sq ft

Based on 36 comparable active multiplex listings in Kitchener. These are asking prices, not sale prices.

Mortgage estimate

Down payment8.0% · minimum $99,900
$99,900
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$6,353.57
Property tax (est.)
$513.25
Estimated monthly
$6,867

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$21,455
Total due on closing
$21,455

An estimate on the asking price of $1,249,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX REAL ESTATE CENTRE INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$1,249,000

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