<-- style PDP --> 61 Mount Hope Street, Kitchener - Mixed Use for sale for $699,900
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    Home Kitchener Uptown Waterloo/Westmount 61 Mount Hope Street 40679740
    Mixed Use sold at 61 Mount Hope Street, Kitchener, Uptown Waterloo/Westmount, N2G 2J5 - MLS: 40679740
    Mixed Use sold at 61 Mount Hope Street, Kitchener, Uptown Waterloo/Westmount, N2G 2J5 - MLS: 40679740
    Mixed Use sold at 61 Mount Hope Street, Kitchener, Uptown Waterloo/Westmount, N2G 2J5 - MLS: 40679740
    Mixed Use sold at 61 Mount Hope Street, Kitchener, Uptown Waterloo/Westmount, N2G 2J5 - MLS: 40679740
    Mixed Use sold at 61 Mount Hope Street, Kitchener, Uptown Waterloo/Westmount, N2G 2J5 - MLS: 40679740
    Mixed Use sold at 61 Mount Hope Street, Kitchener, Uptown Waterloo/Westmount, N2G 2J5 - MLS: 40679740
    Mixed Use sold at 61 Mount Hope Street, Kitchener, Uptown Waterloo/Westmount, N2G 2J5 - MLS: 40679740
    Mixed Use sold at 61 Mount Hope Street, Kitchener, Uptown Waterloo/Westmount, N2G 2J5 - MLS: 40679740
    Mixed Use sold at 61 Mount Hope Street, Kitchener, Uptown Waterloo/Westmount, N2G 2J5 - MLS: 40679740
    Mixed Use sold at 61 Mount Hope Street, Kitchener, Uptown Waterloo/Westmount, N2G 2J5 - MLS: 40679740
    Mixed Use sold at 61 Mount Hope Street, Kitchener, Uptown Waterloo/Westmount, N2G 2J5 - MLS: 40679740
    • terminated

    61 Mount Hope Street

    Kitchener, ON, N2G 2J5

    $699,900

    • Neighbourhood

      Uptown Waterloo/Westmount

    • Major Intersection

    • Listed Since: 192 day(s)

    • Last update: 37 day(s) ago

    Overview

    • Property Type

      Mixed Use, Land

    • Bedrooms

      n/a

    • Bathrooms

      n/a

    • Basement

      n/a

    • Kitchen

      n/a

    • Total Parking

      n/a

    • Lot Size

      Available Upon Request

    • Taxes

      $3,660.40 (2024)

    • Type

      Freehold

    Property description for 61 Mount Hope Street, Kitchener, Uptown Waterloo/Westmount, N2G 2J5

    Prime Investment Opportunity Near Grand River Hospital: This exceptional investment package offers a rare opportunity to acquire three income-generating properties strategically located near Grand River Hospital in Kitchener. The package includes 485 Park Street, 491 Park Street, and 61 Mt. Hope, being sold together as a bundled offering for a total price of $2,099,700 ($699,900 per property). Please note that these properties cannot and will not be sold separately. Currently, all three properties are fully occupied, ensuring consistent and reliable rental income. Additionally, there is a fourth unit presently utilized as storage, which could be converted into a leasable space to increase revenue potential. The zoning designations, I-2 and SGA-2, allow for increased density and redevelopment, making this an ideal opportunity for investors and developers looking to capitalize on Kitchener’s growing real estate market. The properties are conveniently situated in a high-demand area near Grand River Hospital, providing proximity to Uptown Waterloo, Belmont Village, and major employers like Sun Life. With easy access to public transit, including the LRT, this location is highly appealing for both tenants and future redevelopment projects. This investment package offers significant potential for income generation, redevelopment, and long-term value growth. Whether you're expanding your portfolio, seeking to maximize rental income, or exploring redevelopment opportunities, this package provides a solid foundation for success. Don’t miss this rare opportunity—contact us today for more details!

    Listed by RE/MAX TWIN CITY REALTY INC., BROKERAGE

    Property details
    Map

    • MLS #

      40679740

    • Sq. Ft

      Available Upon Request

    • Sq. Ft. Source

      MLS

    • Lot Irregularities

      n/a

    • Year Built

      Available Upon Request

    • Pool

      n/a

    • Drive

      n/a

    • Garage

      n/a

    • Total Parking

      n/a

    • Family Room

      n/a

    • Den

      n/a

    • Exterior

      n/a

    • Fireplace

      n/a

    • Roof

      n/a

    • Foundation

      n/a

    • Elevator

      n/a

    • Water View

      n/a

    • Laundry Level

      n/a

    • Heat

      n/a

    • A/C

      n/a

    • Water

      Municipal

    • Water Supply

      n/a

    • Sewers

      n/a

    • Central Vac

      n/a

    • MLS #

      40679740

    • Sq. Ft

      Available Upon Request

    • Sq. Ft. Source

      MLS

    • Lot Irregularities

      n/a

    • Year Built

      Available Upon Request

    • Pool

      n/a

    • Drive

      n/a

    • Garage

      n/a

    • Total Parking

      n/a

    • Family Room

      n/a

    • Den

      n/a

    • Exterior

      n/a

    • Fireplace

      n/a

    • Roof

      n/a

    • Foundation

      n/a

    • Elevator

      n/a

    • Water View

      n/a

    • Laundry Level

      n/a

    • Heat

      n/a

    • A/C

      n/a

    • Water

      Municipal

    • Water Supply

      n/a

    • Sewers

      n/a

    • Central Vac

      n/a

    Home Evaluation Calculator

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    Contact Manoj Kukreja

    Sales Representative,
    Century 21 People’s Choice Realty Inc.,
    Brokerage
    (647) 576 - 2100

    Manoj profile avatar

    Property History for 61 Mount Hope Street, Kitchener, Uptown Waterloo/Westmount, N2G 2J5

    This property has been sold 5 times before.

    To view this property's sale price history please sign in or register

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    Additional information

    Provincial Land Transfer Tax

    Ontario Land Transfer Tax Rebate

    Toronto Land Transfer Tax

    Toronto Land Transfer Tax Rebate

    PST on CMHC Insurance Premium

    Lawyer Fees

    $2,825

    Government Registration Fee's

    $164

    Title Insurance

    Closing Cost Total

    Total Cash flow for purchasing this property

    Provincial Land Transfer Tax

    Ontario Land Transfer Tax Rebate

    Toronto Land Transfer Tax

    Toronto Land Transfer Tax Rebate

    PST on CMHC Insurance Premium

    Lawyer Fees

    $2,825

    Government Registarion Fee's

    $164

    Title Insurance

    Down Payment(%)*

    * A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

    Home Evaluation Calculator

    No Email or Signup is required to view your home estimate.

    estimate your home value

    Contact Manoj Kukreja

    Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
    (647) 576 - 2100

    Manoj profile avatar

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