+44 more
9
Bedrooms
7
Bathrooms
4,723 sqft
Living Area
0.149 ac
Lot
1912
Year Built
About This Property
This 9-bedroom, 7-bathroom multi-family in Kitchener offers 4,723 sqft of living area on a 0.149 ac lot. Built in 1912, 2 storeys. The property has lot dimensions of 64 x 118 FT. The home features baseboard heaters, radiant heat, not known, natural gas heating, a finished, full, apartment in basement basement, a fireplace.
MLS Remarks
Rare opportunity to select your own tenant base in the heart of Kitchener on a quiet treelined street. With a 2-minute walk from the Google Kitchener hub, the property is located in a Walker’s Paradise (Walk Score 90+) offering immediate access to the ION LRT, GO-train, vibrant amenities, restaurants, and major employers in both downtown Kitchener and Uptown Waterloo. A legal fourplex with bright and spacious units in a highly desirable mix of one 1-bedroom+den, one 2-bedroom+den, and two 3-bedroom units. Each unit has its own entrance, in-suite laundry, heating controls, and private outdoor space. Abundant on-site parking with up to 2 spaces per unit provides added convenience and a significant competitive advantage . The property appeals to a wide range of tenants - from young professionals to families offering exception flexibility for investors to tailor their rental strategy to optimize rents and curate a strong desirable tenancy in one of the region’s fastest growing tech and employment hubs. The property is well-maintained, newly renovated, and set up for minimal maintenance. Whether you’re building or refining your portfolio, this is a rare chance to secure a multi-unit asset producing an NOI of close to $100,000 in a central location with both flexibility and upside in a high-demand rental market. (id:60351)
Overview
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