114 Church St, Kitchener, ON N2G 2S4, Canada
114 Church St, Kitchener, ON N2G 2S4, CanadaBasics
- Date added: Added 12 hours ago
- Category: Residential Income
- Type: Multi-3 Unit
- Status: Active
- Bedrooms: 6
- Bathrooms: 5
- Area: 2651 sq ft
- County Or Parish: Waterloo
- MLS ID: 40860922
Description
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Description:
An exceptional investment opportunity in the heart of Kitchener! This beautiful legal century triplex combines timeless character with extensive modern upgrades, offering investors a truly turnkey addition to their portfolio. Ideally located just a short walk from Downtown Kitchener and the Kitchener Market LRT stop, the property provides tenants with convenient access to transit, restaurants, shopping, entertainment and everything the downtown core has to offer. Currently generating an impressive 4.6% cap rate, all three units are occupied by great young professional tenants paying market rents plus utilities, providing strong and reliable income from day one. The property has undergone substantial upgrades, including updated plumbing and electrical, forced-air furnaces, water heaters, roof, windows, aluminum fascia, soffits and eaves. The interiors have also been thoughtfully updated with new kitchens, bathrooms, flooring, stainless steel appliances and much more, creating attractive, comfortable living spaces that appeal to today’s tenants. With its combination of legal triplex status, market rents, extensive capital improvements and a highly walkable location, this is a rare opportunity to acquire a well-maintained, income-producing property with the character of a century home and the major updates already taken care of. A fantastic investment in one of Kitchener’s most convenient and connected locations!
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Location
- Parking Total: 4
- Directions: Church St and Eby St
Building Details
- Number Of Units Total: 3
- Building Area Total: 2651 sq ft
- Number Of Buildings: 0
- Parking Features: Gravel
- Construction Materials: Brick, Vinyl Siding
- Roof: Asphalt Shing
Amenities & Features
- Water Source: Municipal
- Appliances: Hot Water Tank Owned, Dishwasher, Dryer, Refrigerator, Stove, Washer
- Sewer: Sewer (Municipal)
- Cooling: None
- Interior Features: Separate Hydro Meters
- Heating: Electric, Forced Air, Natural Gas
- Frontage Type: North