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$4,595,000
Status: For Sale
Well maintained purpose built 18-unit apartment building on a 0.575 acre lot with significant opportunity to increase revenue. Unit break-down is 17 Two Bed / One Bath units and 1 newly constructed (completion September 2024) One bed / One bath unit. 8 of the 18 units are newly renovated including flooring, kitchens, appliances and bathrooms leaving an opportunity for the new owner to reposition the 10 remaining units. Revenue may further be increased by the introduction of parking surcharges on turn-over. The building is located in a very attractive area in terms of investment that will appeal to Tenants with easy access to public transportation, including the Region’s Light Rail Transit (LRT) system, schools, regional shopping mall, the expressway (to 401), and a variety of grocery & drug stores, restaurants, medical and dental offices as well as other shopping opportunities.
| Property Type | :Residential Income |
|---|---|
| MLS Number | :40635033 |
| Listing Type | :Sale |
| Property Age | :51-99 Years years |
| Possession Date | : |
| Last Updated | :31 Oct, 2024 (7 Days ago) |
| Source | :Waterloo Region |
| Area | :Waterloo |
|---|---|
| City | :Kitchener |
| Area Major | :3 - Kitchener West |
| Area Minor | :327 - Fairview/Kingsdale |
| Postal Code | :
N2C 1W7
|
| Directions | :South side Traynor between Belwood and Balfour |
| Price | : $4,595,000 |
|---|---|
| Property Taxes | :$37733.66 |
| Tax Year | :2024 |
|---|
| Bedrooms | :34 + |
|---|---|
| Heating | :Natural Gas |
| Place of Worship | :No |
| Bathrooms | :18 |
|---|---|
| Approx Square Footage | :17000 sqft |
| Virtual Tour | :Virtual Tour (External Link) |
| Parking Space | :22 |
|---|
16 Oct, 2024
TREB #40635033
Price Change
$4595000
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$4,595,000
267 Traynor Avenue, Waterloo, ON
Listing ID #40635033
Price drop by $404,900
Price drop by $404,900