Open New Doors Real Estate
1 of 34
$1,400,000

64 Francis Street N

Kitchener, N2H5B5

1 bd3+2 ba3,289 sq ftDetachedListed 6 months agoExplore Downtown →

Listed by Chestnut Park Realty Southwestern Ontario Limited · MLS® 40823030

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About this home

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.

Details

Storeys
2
Living area
3,289 square feet
Taxes
$10,929
Parking
9 spaces · Attached Garage, Open
Heating
Forced air
Cooling
Central air conditioning
Basement
Partially finished, Full
Exterior
Aluminum siding
Appliances
Water softener
Water
Municipal water
Sewer
Municipal sewage system
Ownership
Freehold

Features: Quiet Area, Cul-de-sac, Automatic Garage Door Opener

Rooms

LevelRoomSize
BasementGym12'10'' x 11'2''
BasementUtility room25'8'' x 14'8''
BasementStorage7'4'' x 11'2''
BasementStorage3'10'' x 9'0''
Basement1pc Bathroom
BasementLaundry room11'7'' x 17'8''
BasementRecreation room11'6'' x 23'7''
BasementUtility room2'5'' x 17'5''
Second level3pc Bathroom
Second levelDen11'8'' x 10'8''
Second levelBedroom14'1'' x 17'8''
Second levelLiving room14'11'' x 24'2''
Second levelDining room15'1'' x 11'4''
Second levelKitchen12'11'' x 16'11''
Main level2pc Bathroom
Main levelStorage3'0'' x 9'2''
Main levelOther10'6'' x 10'7''
Main levelOther14'0'' x 12'3''
Main levelStudio12'10'' x 16'8''
Main levelStudio27'2'' x 14'6''
Main levelStudio10'6'' x 16'5''
Main levelOffice12'1'' x 5'8''
Main levelFoyer19'7'' x 9'8''

Location

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