Size
-
Lot size
399.48 sqm
Street frontage
-
Possession
-
Price per sqm
$2,166
Taxes
$8,387.94 (2024)
Parking Type
Garage
Style
-
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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.
Broker: RE/MAX TWIN CITY REALTY INC. BROKERAGE-2
MLS®#: 40683779
Property details
Parking:
2
Parking type:
Garage
Property type:
Multiplex
Heating type:
Electric,
Style:
-
MLS Size:
692 sqm
Lot front:
13.11 M
Lot depth:
30.48 M
Listed on:
Dec 6, 2024
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Instant estimate:
Not Available
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