
64 Francis Street N
Kitchener, N2H5B5
Get alerts for homes like thisAbout 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
| Level | Room | Size |
|---|---|---|
| Basement | Gym | 12'10'' x 11'2'' |
| Basement | Utility room | 25'8'' x 14'8'' |
| Basement | Storage | 7'4'' x 11'2'' |
| Basement | Storage | 3'10'' x 9'0'' |
| Basement | 1pc Bathroom | |
| Basement | Laundry room | 11'7'' x 17'8'' |
| Basement | Recreation room | 11'6'' x 23'7'' |
| Basement | Utility room | 2'5'' x 17'5'' |
| Second level | 3pc Bathroom | |
| Second level | Den | 11'8'' x 10'8'' |
| Second level | Bedroom | 14'1'' x 17'8'' |
| Second level | Living room | 14'11'' x 24'2'' |
| Second level | Dining room | 15'1'' x 11'4'' |
| Second level | Kitchen | 12'11'' x 16'11'' |
| Main level | 2pc Bathroom | |
| Main level | Storage | 3'0'' x 9'2'' |
| Main level | Other | 10'6'' x 10'7'' |
| Main level | Other | 14'0'' x 12'3'' |
| Main level | Studio | 12'10'' x 16'8'' |
| Main level | Studio | 27'2'' x 14'6'' |
| Main level | Studio | 10'6'' x 16'5'' |
| Main level | Office | 12'1'' x 5'8'' |
| Main level | Foyer | 19'7'' x 9'8'' |
Location
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