744 Queen Street S
744 Queen Street S
$1,249,000
1 days on market
About This Listing
Prime Cash-Flow Opportunity at 744 Queen St S, Kitchener! Discover this fully tenanted 6-unit mixed-use gem on a high-traffic corner in one of Kitchener's strongest rental markets. The property features four 1-bedroom units, one spacious 3-bedroom unit, and one commercial space with excellent street visibility, delivering strong, diversified income from long-term tenants right from day one. Boasting 11 parking spaces, a solid 1940s-built structure (approx. 3,000-3,500 sq ft) on a generous 40 x 114 ft lot, this turnkey investment offers outstanding tenant retention and hassle-free management. Just steps to transit, parks, schools, Highland Rd amenities, the Iron Horse Trail, and downtown Kitchener, it sits in a high-demand location with clear value-add potential. Stable cash flow, scalable upside, and a proven location-ideal for investors ready to grow their portfolio today.Showing Remarks:
| Monthly Mortgage (P&I) | $5,442 |
| Property Tax (MLS) | $513 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $5,955 |
Down payment: $249,800 (20.0%) · Mortgage: $999,200
Property tax uses MLS annual tax of $6,159/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by RE/MAX REAL ESTATE CENTRE INC.
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Data last updated: August 23, 2026 at 12:25 p.m.