35
41
$1,249,000
744 Queen Street S, Kitchener, ON N2M 1A4
1 bd
6 ba
3,000 sf
11
1 months on marketMLS® X13663876
Listing courtesy of RE/MAX REAL ESTATE CENTRE INC.
$1,099,900
$440 / sq ft1 weeks on market
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An exceptional investment opportunity in the heart of Kitchener! This beautiful legal century triplex combines timeless character with extensive modern upgrades, offering investors a truly turnkey addition to their portfolio. Ideally located just a short walk from Downtown Kitchener and the Kitchener Market LRT stop, the property provides tenants with convenient access to transit, restaurants, shopping, entertainment and everything the downtown core has to offer. Currently generating an impressive 4.6% cap rate, all three units are occupied by great young professional tenants paying market rents plus utilities, providing strong and reliable income from day one. The property has undergone substantial upgrades, including updated plumbing and electrical, forced-air furnaces, water heaters, roof, windows, aluminum fascia, soffits and eaves. The interiors have also been thoughtfully updated with new kitchens, bathrooms, flooring, stainless steel appliances and much more, creating attractive, comfortable living spaces that appeal to today's tenants. With its combination of legal triplex status, market rents, extensive capital improvements and a highly walkable location, this is a rare opportunity to acquire a well-maintained, income-producing property with the character of a century home and the major updates already taken care of. A fantastic investment in one of Kitchener's most convenient and connected locations!
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 72% of comparable multiplex listings in Kitchener are asking less.
Based on 32 comparable active multiplex listings in Kitchener. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $1,099,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX TWIN CITY REALTY 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.
Listing courtesy of ROYAL LEPAGE WOLLE REALTY
$1,249,000
Listing courtesy of RE/MAX REAL ESTATE CENTRE INC.
$1,145,000
Listing courtesy of REAL BROKER ONTARIO LTD.
$899,000
Listing courtesy of EXP REALTY
$1,249,900
Listing courtesy of RE/MAX Real Estate Centre Inc.
$999,000
Listing courtesy of Red And White Realty Inc
