Size
8900 sqft
Lot size
-
Street frontage
-
Possession
-
Price per sqft
$253
Taxes
$22,081 (2024)
Parking Type
-
Style
Other
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Description
Charming 12-unit brownstone in Kitchener’s sought-after Mount Hope neighbourhood, steps to the ION LRT, Kitchener GO Station, hospitals, parks, and downtown amenities. Built in 1942 and extensively updated, the property features all one-bedroom suites with modern kitchens, stainless steel appliances, luxury plank flooring, and on-site laundry. Current NOI $110,733, representing a 5% cap rate at asking price. Seven surface parking spaces (off-site). Strong rental demand from professionals, healthcare workers, and students. HST in addition to purchase price where applicable. Confidential rent roll and P&L available upon execution of a Confidentiality Agreement.
Broker: Real Broker Ontario Ltd.
MLS®#: 40758520
Property details
Parking:
7
Parking type:
-
Property type:
Multiplex
Heating type:
Radiator
Style:
Other
MLS Size:
8900 sqft
Lot front:
49 Ft
Listed on:
Aug 7, 2025
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