Size
18000 sqft
Lot size
-
Street frontage
-
Possession
-
Price per sqft
$247
Taxes
$45,051 (2024)
Parking Type
-
Style
Other
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Description
Exceptional 21-unit multi-residential investment property in Kitchener with a current NOI of $243,341, reflecting a strong 5.48% cap rate on asking price. Suite mix: 1 bachelor, 12 one-bedroom, and 8 two-bedroom apartments, many with updated kitchens and baths. Gas fireplaces in each unit serve as a primary heat source, supplemented by electric baseboard heating. Tenants enjoy on-site parking and proximity to major transportation routes, retail, and amenities. Professional management in place. HST is in addition to the purchase price where applicable. Confidential rent roll and P&L available with executed attached CA.
Broker: Real Broker Ontario Ltd.
MLS®#: 40758467
Property details
Parking:
13
Parking type:
-
Property type:
Multiplex
Heating type:
Baseboard,
Style:
Other
MLS Size:
18000 sqft
Lot front:
122 Ft
Listed on:
Aug 7, 2025
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