46 College Street, Kitchener, ON N2H 5A1, Kitchener, ON
76000.0 sqft
Offered together as one opportunity: 46-56 College Street and 58 & 64 Weber Street West in downtown Kitchener. Four updated low-rise walk-ups totalling 74 residential suites in a high-demand urban core location. 46-56 College Street (46 suites) offers renovated interiors with modern kitchens, stainless steel appliances, gas fireplaces, and individual thermostats, plus 17 surface parking stalls. 58 & 64 Weber Street West (28 suites) present turnkey interiors with modern kitchens and flooring, heating via in-suite gas fireplaces/baseboards, separate hydro, and 16 surface parking stalls. Prime, walkable location steps to ION LRT, GO Transit, Victoria Park, City Hall, Grand River Hospital, Uptown Waterloo, Market Square, restaurants, and the innovation district. Strong rental demand supported by professional operations with clear rental upside as suites turn over, offering a stable cash-flowing asset with long-term growth potential. Properties are marketed and conveyed together as one transaction on separate PINs with common debt structure, presenting investors with scale, efficiency, and a strong value-add repositioning play. Detailed financials, rent rolls, P&L statements, and property information available to qualified buyers upon execution of a confidentiality agreement.
Property Highlights
For Sale
MLS NO.
X12743170
Type
Commercial
Sub Type
Investment
Square Footage
76000.0 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Investment
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
X12743170
Lot Width
129.84
Lot Size
14738.0
Garage Type
Outside/Surface
Cooling
No
Heat Type
Other
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
46 College Street, Kitchener, ON N2H 5A1
City
Kitchener
County / Region
Waterloo
Province / State
ON
Postal Code
N2H 5A1
Cross Street
Weber St W
Directions
Weber St W to College St & Young St
Country
CA
List Price
$12,995,000
Annual Taxes
$161,342
Tax Year
2026
Possession Type
Flexible
Listing Office
REAL BROKER ONTARIO LTD.
Board
Toronto Regional Real Estate Board
Original Entry
2026-01-30T19:04:33Z
Media Updated
2026-02-03T17:07:19Z
Photos Updated
2026-01-30T19:04:34Z
Last Modified
2026-02-03T17:07:19Z
System Modified
2026-02-03T17:07:19.720511Z
MLS Status
New
Co List Office Name
REAL BROKER ONTARIO LTD.
Ddfyn
Yes
Expiration Date
2026-06-30
Heat Type Multi
Other
Hstapplication
In Addition To
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
223170070
Public Remarks
Offered together as one opportunity: 46-56 College Street and 58 & 64 Weber Street West in downtown Kitchener. Four updated low-rise walk-ups totalling 74 residential suites in a high-demand urban core location. 46-56 College Street (46 suites) offers renovated interiors with modern kitchens, stainless steel appliances, gas fireplaces, and individual thermostats, plus 17 surface parking stalls. 58 & 64 Weber Street West (28 suites) present turnkey interiors with modern kitchens and flooring, heating via in-suite gas fireplaces/baseboards, separate hydro, and 16 surface parking stalls. Prime, walkable location steps to ION LRT, GO Transit, Victoria Park, City Hall, Grand River Hospital, Uptown Waterloo, Market Square, restaurants, and the innovation district. Strong rental demand supported by professional operations with clear rental upside as suites turn over, offering a stable cash-flowing asset with long-term growth potential. Properties are marketed and conveyed together as one transaction on separate PINs with common debt structure, presenting investors with scale, efficiency, and a strong value-add repositioning play. Detailed financials, rent rolls, P&L statements, and property information available to qualified buyers upon execution of a confidentiality agreement.