44 WEBER Street W

About this home.

Elegant and income-producing, this beautifully renovated Victorian mansion in the heart of Downtown Kitchener offers 17 fully tenanted suites with modern finishes and historic charm. Originally built in 1897 and fully converted in 1998, the property blends oversized original trim, high ceilings, and period architecture with contemporary upgrades including new kitchens, stainless steel appliances, and luxury plank flooring. The diverse unit mix4 one-bedrooms, 12 bachelors, and 1 two-bedroom caters to a broad tenant base. Situated steps from the ION LRT, Victoria Park, and the citys cultural and tech hubs, 44 Weber delivers stable rental income, strong curb appeal, and turn-key operations with no immediate capital requirements. (id:59491)

The full record.

How this listing prices against Downtown Kitchener/East Ward.

Downtown Kitchener/East Ward had 9 sales and 83 active listings, making it one of the looser markets in the city. The average sale price was $703,767, close to the city median, but homes took 37 days to sell and closed at 96.65 percent of list, which signals slower absorption. This neighbourhood is clearly split between a firmer freehold segment and a much heavier condo inventory. Buyers have choice here, especially in apartments.

Estimate the monthly carry.