18,150 ft2
Other
$3,275,000
Rockway low-rise with stable in-place income and clear mark-to-market upside. 16 suites (102BR, 51BR, 13BR) in a 1980 walk-up, separately metered hydro, gas-furnace common systems, and roof replaced Oct 2023. Several suites have been updated with modern finishes; others remain in clean, rent-ready conditionideal for an investor to capture organic rent growth on turnover without a heavy CapEx program. On-site laundry (2), 16 storage lockers, and 17 surface parking stalls. Family-friendly pocket near parks, schools, Fairway shopping, and transit including Courtland buses & Block Line LRT. R-6 zoning. Strong tenant appeal today with additional upside through suite refreshes as leases roll. (id:50976)
Property Details
|
MLS® Number
|
X12334225 |
|
Property Type
|
Multi-family |
Building
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Other |
|
Size Interior
|
18,150 Ft2 |
|
Type
|
Multi-family |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Size Frontage
|
170 Ft |
|
Size Irregular
|
170 Ft |
|
Size Total Text
|
170 Ft |
|
Zoning Description
|
R2 |
https://www.realtor.ca/real-estate/28711350/141-kipling-avenue-kitchener
