46 Franklin Street S

Introducing a remarkable opportunity for investors: a Multi-Family Home for sale in Kitchener , located at 46 Franklin Street S, Kitchener. This impressive property, built in 2019, is situated in the desirable community of 327 - Fairview/Kingsdale, within the Kitchener West area. This multiplex is designed to offer a seamless living experience with a range of features that cater to both comfort and convenience.

The property boasts a spacious upper unit, which includes three well-proportioned bedrooms and two and a half bathrooms, making it an ideal living space for families or tenants. With a generous 1,674 square feet of living space, the upper unit is designed with 9-foot ceilings on the main floor, creating an airy and open atmosphere. The main floor also features a well-appointed bathroom, an upgraded kitchen, and a large primary bedroom complete with a walk-in closet and a private ensuite bathroom. This upper unit will be available for occupancy at the end of September 2025, providing a fantastic opportunity for potential tenants or homeowners.

In addition to the upper unit, the Multi-Family Home for sale in Kitchener also includes a lower unit that offers its own separate entrance and egress windows, ensuring privacy and independence for its occupants. This lower unit features one bedroom and one bathroom, along with private laundry facilities and 725 square feet of living space. The lower unit is perfect for generating rental income or as a comfortable living space for family members. Both units benefit from a total of four driveway parking spaces, providing ample room for vehicles.

The property is equipped with essential modern amenities, including central air conditioning, which ensures a comfortable living environment throughout the year. The heating system is powered by forced air and natural gas, providing efficient warmth during the colder months. Additionally, the property includes several appliances, such as a water purifier, dishwasher, dryer, refrigerator, stove, and washer, making it a truly turnkey investment.

Although the house does not feature a pool or a family room, the attached garage offers convenient parking and storage options. The garage is built-in and asphalt, with a private double-wide driveway that enhances accessibility. The lot measures 28 x 132 feet, providing a manageable outdoor space without the burden of extensive maintenance.

The location of this Multi-Family Home for sale in Kitchener is another significant advantage. Situated just minutes away from major highways, schools, daycares, and various amenities, residents will enjoy easy access to all that Kitchener has to offer. The proximity to downtown Kitchener further enhances the appeal of this property, making it an attractive option for both renters and homeowners alike.

This property is un-furnished, allowing new owners or tenants to personalise the space according to their tastes and preferences. With its modern design and strategic location, this Multi-Family Home for sale in Kitchener is not only an excellent investment opportunity but also a fantastic option for those seeking a built-in mortgage helper.

In summary, 46 Franklin Street S, Kitchener, presents a unique opportunity for investors looking to expand their portfolio with a well-maintained, modern multiplex. With its desirable features, including multiple living spaces, ample parking, and a prime location, this Multi-Family Home for sale in Kitchener is poised to attract interest from a wide range of buyers. Don’t miss out on the chance to acquire this valuable asset that promises both immediate and long-term returns.

Fairview/Kingsdale is a charming neighbourhood nestled in the vibrant city of Kitchener, Ontario. This area boasts a delightful mix of residential streets, local parks, and convenient amenities, making it an ideal choice for families and individuals alike. With its close proximity to schools, shopping centres, and recreational facilities, residents enjoy a balanced lifestyle that combines suburban tranquillity with urban convenience. The community is well-connected by public transport and major roadways, ensuring easy access to the wider Kitchener-Waterloo region. Lush green spaces and tree-lined avenues provide a welcoming atmosphere, perfect for leisurely strolls or family outings, making Fairview/Kingsdale a delightful place to call home.

Schools in the Neighbourhood

This property is ideally situated near a variety of educational institutions, making it an excellent choice for families. Within a short distance, you will find Wilson Avenue Public School (0.8 km), offering elementary education in English for grades K to 6, rated 4.2. Just 0.4 km away is Sunnyside Senior Public School, serving grades 7 to 8, although it currently has a rating of 0. For secondary education, Eastwood Collegiate Institute (1.2 km) boasts a strong rating of 5.2, catering to grades 9 to 12. Families with younger children can also consider Franklin Public School (1.3 km), which provides French instruction for grades 1 to 6 and has a commendable rating of 6.2. Additionally, St. Aloysius Catholic Elementary School (0.5 km) offers a Catholic education from JK to 8 with a rating of 5.6. For high school, St. Mary's High School (2.0 km) provides a Catholic curriculum for grades 9 to 12, rated 5.4. Overall, the proximity to these schools ensures a supportive educational environment for children of all ages.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 557 residents, with an average household size of 2.1 individuals. The demographic profile reveals an average age of 39.2 years and a household income averaging $68,000. Approximately 14% of the population is classified as low-income, while the average property price stands at $520,000. The community is characterized by a significant percentage of single individuals, comprising 51.06% of the population, and 30% of households include children. Immigrants make up a notable 31.43% of the residents, indicating a diverse community. The rental market is prominent, with 87.04% of residents renting their homes, and there are no condominiums in the area. Educational attainment is relatively high, with nearly 49.45% of the population holding a college or university degree. However, a considerable portion of the population, 41.76%, is not in the labor force, which may reflect various socioeconomic factors. Overall, this demographic snapshot highlights a diverse, predominantly rental community with a mix of families and singles, contributing to a vibrant neighborhood atmosphere.