Size
8750 sqft
Lot size
8580 sqft
Street frontage
-
Possession
-
Price per sqft
$303
Taxes
$28,367 (2024)
Parking Type
-
Style
Other
See what's nearby
Description
Exceptional Investment Opportunity – Turn-Key Multi-Family Asset Near Downtown Kitchener.
Discover a premier investment generating approximately $203,000 in gross annual rental income. Renovated in 2015, this meticulously maintained property offers a seamless blend of modern finishes and classic character, featuring twelve self-contained one-bedroom units in a sought-after rental location. Situated just steps from schools, hospitals, transit, and downtown amenities, this high-demand area boasts a Walk Score of 97 – a true Walker’s Paradise. In 2015 this building had a major overhaul with all new windows, doors, kitchens, appliances, full electrical and plumbing upgrades as well as a steel roof. Surrounded by high-density redevelopment, this asset holds strong current value and promising future appreciation potential – making it ideal for land banking while collecting attractive rental returns. Just one property away from Weber Street, it’s perfectly positioned for investors seeking a turn-key, low-maintenance asset minutes from the heart of Downtown Kitchener.
Broker: Coldwell Banker Peter Benninger Realty
MLS®#: 40731112
Property details
Parking:
12
Parking type:
-
Property type:
Multiplex
Heating type:
Radiant
Style:
Other
MLS Size:
8750 sqft
Lot front:
60 Ft
Lot depth:
143 Ft
Listed on:
May 21, 2025
Show all details
Instant estimate:
Not Available
Insufficient data to provide an accurate estimate
i
High-
Mid-
Low-
Have a home? See what it's worth with an instant estimate
Use our AI-assisted tool to get an instant estimate of your home's value, up-to-date neighbourhood sales data, and tips on how to sell for more.