141 Kipling Ave, Kitchener, ON N2C 2B8, Canada
141 Kipling Ave, Kitchener, ON N2C 2B8, CanadaBasics
- Date added: Added 2 months ago
- Category: Residential Income
- Type: Multi Family
- Status: Active
- Bedrooms: 0
- Bathrooms: 0
- Area: 18150 sq ft
- County Or Parish: Waterloo
- MLS ID: 40758535
Description
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Description:
Rockway low-rise with stable in-place income and clear mark-to-market upside. 16 suites (10×2BR, 5×1BR, 1×3BR) in a 1980 walk-up, separately metered hydro, gas-furnace common systems, and roof replaced Oct 2023. Several suites have been updated with modern finishes; others remain in clean, rent-ready condition—ideal for an investor to capture organic rent growth on turnover without a heavy CapEx program. On-site laundry (2), 16 storage lockers, and 17 surface parking stalls. Family-friendly pocket near parks, schools, Fairway shopping, and transit including Courtland buses & Block Line LRT. R-6 zoning. Strong tenant appeal today with additional upside through suite refreshes as leases roll.
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Location
- Parking Total: 18
- Directions: Courtland Ave E to Walton Ave & Kipling Ave
Building Details
- Number Of Units Total: 0
- Building Area Total: 18150 sq ft
- Number Of Buildings: 0
- Construction Materials: Brick
- Roof: Flat
Amenities & Features
- Water Source: Municipal
- Appliances: Hot Water Tank Owned
- Sewer: Sewer (Municipal)
- Cooling: None
- Interior Features: Built-In Appliances, Separate Heating Controls, Separate Hydro Meters
- Heating: Natural Gas