Basics
- Date added: Added 11 months ago
- Category: Residential Income
- Type: Multi Family
- Status: Active
- Bedrooms: 17
- Bathrooms: 17
- Area: 7560 sq ft
- County Or Parish: Waterloo
- MLS ID: 40485264
Description
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Description:
Developers and builders, bring your creative vision to downtown Kitchener. This well maintained and carefully managed 17-unit multifamily property (all one bedroom apartments) is set on just over one-half of an acre (.503 acres) directly across from City
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Hall and beside the Central LRT station. With highly flexible D-5 zoning, this site could potentially house a 30+ storey high-rise residential tower someday. Ask for a copy of our land use study from LandPro highlighting this opportunity. Only a 600m walk to the future Waterloo Region transit hub, 400 m to Gaukel and Victoria Park, 750m to the Central library while the arts and entertainment of downtown Kitchener are all on the doorstep. Meanwhile, investors can make use of the excellent holding asset in the 17-unit building which generates solid income as plans are laid.
Location
- Parking Total: 35
- Directions: Directly across from City Hall and adjacent to Central Kitchener LRT stop
Building Details
- Number Of Units Total: 17
- Building Area Total: 11340 sq ft
- Number Of Buildings: 0
- Parking Features: Unassigned, Guest
- Roof: Asphalt
Amenities & Features
- Water Source: Municipal
- Appliances: Hot Water Tank Owned
- Sewer: Sewer (Municipal)
- Cooling: None
- Interior Features: Separate Heating Controls
- Heating: Baseboard