For Sale: 46 College Street, Kitchener, ON - REW
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$12,795,000
0 bd • 0 ba • 67000 sf • Multifamily
46 College Street
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$12,795,000
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46 College StreetKitchener, ON, N2H 5A1

  • 0 Bed
  • 0 Bath
  • 67000 Sqft
  • Multifamily

About this home

$5.45m CMHC assumable debt @ 2.6% + 2nd mortgage top up options available to 85% LTV. 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.
Listed by: Ilan Friedner, Real Broker Ontario Ltd.

Home facts and features

Price details
List Price
$12,795,000
Get Pre-Approved
Gross Taxes for 2026
$161,341
Home facts
Bedrooms
0
Full Bathrooms
0
Parking Spaces
33
Property Type
Multifamily
Lot Size
129 ft x 0 ft (0 ft²)
Depth
0.0
Frontage
129.8
Heating Type
Baseboard,Natural Gas
Basement Details
Full,Partially Finished
Features
Built-in Appliances, Coin Operated, Common Area, Separate Heating Controls, Separate Hydro Meters
Appliances
And Window Coverings In Units; Laundry Equipment; Any Fixtures Not Owned By Tenants., Hot Water Tank (owned). All Existing Fridges, Light Fixtures, Other, Stoves
Agent details
Primary Agent
Primary Broker
Real Broker Ontario Ltd.
Secondary Agent
Secondary Broker
Real Broker Ontario Ltd.
Tertiary Agent
Tertiary Broker
Real Broker Ontario Ltd.
Listing details
Days on REW
127 Days
Property Views
58
MLS® Number
40801495
Source
Information Technology Systems Ontario
Board
Cornerstone Association of REALTORS®
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Property Insights

St Don Bosco Catholic Secondary School
  • Catholic
  • 9 - 12
Suddaby Public School
  • Public
  • JK - 6
Margaret Avenue Public School
  • Public
  • 7 - 8
King Edward Public School
  • Public
  • JK - 6
Courtland Avenue Public School
  • Public
  • 7 - 8
Cameron Heights Collegiate Institute
  • Public
  • 9 - 12
Kitchener Waterloo Collegiate and Vocational School
  • Public
  • 9 - 12
St John Catholic Elementary School
  • Catholic
  • JK - 8
New Dawn School
  • Public
  • 7 - 12
Prueter Public School
  • Public
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Ilan Friedner
Phone:
(905) 519-4847
Cell:
(905) 519-4847
Office:
888-311-1172
Jeff Margolis
Phone:
416-670-5998
Cell:
(416) 670-5998
Office:
888-311-1172
Elton Demirxhiu
Phone:
(888) 311-1172
Cell:
647-609-4876
Office:
888-311-1172
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