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$1,399,000
Status: For Sale
The property consists of a purpose built 6 unit apartment building on a large 0.231 acre lot. Unit breakdown is three (3) 1 bed - 1 bath units, two (2) 2 bed – 1 bath units and a single bachelor unit. Hydro is separately metered (at tenant's expense) with a single water and sewer. The building has been responsibly maintained with a number of recent capital expenditures including full renovation of unit 5 (2021), new boiler (2022), roof, furnace and pavement in parking lot (2018). The property is located in a very attractive area in terms of investment with a majority of single family detached homes in addition to smaller duplexes and triplexes. The area will appeal to Tenants with easy access to public transportation, schools and various other amenities including a regional shopping mall, the expressway (to 401), a variety of grocery stores, restaurants, drug stores, medical and dental as well as other shopping opportunities.
Property Type | :Residential Income |
MLS Number | :40624928 |
Listing Type | :Sale |
Property Age | :51-99 Years years |
Possession Date | : |
Last Updated | :29 Jul, 2024 (52 Days ago) |
Source | :Waterloo Region |
Area | :Waterloo |
City | :Kitchener |
Area Major | :3 - Kitchener West |
Area Minor | :327 - Fairview/Kingsdale |
Postal Code | : N2C 1P9 |
Directions | :Kingsway Dr to Sixth Ave |
Price | : $1,399,000 |
Property Taxes | :$6886 |
Tax Year | :2024 |
Bedrooms | :0 + |
Heating | :Forced Air |
Place of Worship | :No |
Bathrooms | :6 |
Approx Square Footage | :5325 sqft |
Parking Space | :8 |
Basement | :Full |
29 Jul, 2024
TREB #40624928
Listed
$1399000