115 Roxborough Ave, Kitchener, ON N2M 1P6, Canada
115 Roxborough Ave, Kitchener, ON N2M 1P6, CanadaBasics
- Date added: Added 2 days ago
- Category: Residential Income
- Type: Multi-3 Unit
- Status: Active
- Bedrooms: 6
- Bathrooms: 3
- Area: 1938 sq ft
- Year built: 1956
- County Or Parish: Waterloo
- Lot Size Square Feet: 6446.88 sq ft
- Lot Size Acres: 0.148 sq ft
- MLS ID: 40867328
Description
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Description:
Are you looking for a solid, turnkey investment in Kitchener-Waterloo? An income-producing property with a projected CAP rate over 5.5%? Anchored by a core location with proximity to retail and hospitals? Presenting 115 Roxborough Avenue, a classic red-brick Tri-plex comprised of three spacious two-bedroom units. Savvy investors will recognize that this property has all the amenities needed to attract top tenants and achieve market rents. The large units feature classic finishes like oak trimwork and spacious eat-in kitchens. There is plenty of on-site parking up to 6 spaces. A large lot offers the potential for densification, investors may consider adding an additional dwelling unit (ADU) for added income. Two units are vacant, ready for market rents and for the new landlord to establish tenancies of their choosing. Conveniently located near retail and shopping amenities just a block away, including public transit. The expressway and downtown Kitchener are less than a 10-minute drive. This property has been impeccably maintained. Contact us for a list of property upgrades or to receive a ProForma outlining income and expense projections.
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Location
- Parking Total: 6
- Directions: HIGHLAND ROAD
Building Details
- Number Of Units Total: 3
- Building Area Total: 2876 sq ft
- Number Of Buildings: 0
- Construction Materials: Brick
- Roof: Asphalt Shing
Amenities & Features
- Water Source: Municipal
- Appliances: Refrigerator, Stove
- Sewer: Sewer (Municipal)
- Exterior Features: Separate Hydro Meters
- Cooling: None
- Interior Features: Separate Hydro Meters
- Heating: Natural Gas