Kitchener, ON, N2G 3T3
Kitchener, ON, N2G 3T3
$1,499,000
Request info
Basics
- Date added: Added 3 weeks ago
- Category: Residential Income
- Type: Multi-6-9 Unit
- Status: Active
- Bedrooms: 0
- Bathrooms: 7
- Area: 7446.72 sq ft
- County Or Parish: Waterloo
- MLS ID: 40683779
Description
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Description:
Prime Investment Opportunity in Downtown Kitchener located along the LRT tracks and just 450 meters from the station, this 7-unit property offers exceptional accessibility and convenience. Spanning 7,447 sq. ft. of above-grade space, it provides a rare opportunity to expand to 9 units plus a garage and full basement, unlocking additional income potential. Currently generating a reliable NOI of $73,000, the property promises substantial growth in a high-demand rental market. Surrounded by many amenities and steps from transit, it’s an ideal investment for those seeking to maximize returns or leverage its mixed-use potential. Vendor Take-Back (VTB) Financing is Available.
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Location
- Parking Total: 2
- Directions: COURTLAND AVE E -> OTTAWA ST S
Building Details
- Number Of Units Total: 7
- Building Area Total: 7446.72 sq ft
- Number Of Buildings: 0
- Parking Features: Attached Garage, Built-In
- Covered Spaces: 1
- Construction Materials: Brick
- Accessibility Features: Multiple Entrances
- Garage Spaces: 1
- Roof: Asphalt Shing
Amenities & Features
- Water Source: Municipal
- Appliances: Dryer, Refrigerator, Stove, Washer
- Sewer: Sewer (Municipal)
- Cooling: Other
- Attached Garage Yes/ No: 1
- Interior Features: Accessory Apartment, Separate Heating Controls, Separate Hydro Meters
- Heating: Electric, Fireplace(s), Natural Gas, Other
