18,150 ft2
None
$3,275,000
Rockway low-rise with stable in-place income and clear mark-to-market upside. 16 suites (10×2BR, 5×1BR, 1×3BR) 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 condition—ideal 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
|
40758535 |
|
Property Type
|
Multi-family |
|
Amenities Near By
|
Public Transit, Schools |
|
Community Features
|
Community Centre |
|
Features
|
Laundry- Coin Operated |
|
Parking Space Total
|
18 |
Building
|
Basement Development
|
Partially Finished |
|
Basement Type
|
Full (partially Finished) |
|
Cooling Type
|
None |
|
Exterior Finish
|
Brick |
|
Heating Fuel
|
Natural Gas |
|
Stories Total
|
3 |
|
Size Interior
|
18,150 Ft2 |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Land Amenities
|
Public Transit, Schools |
|
Sewer
|
Municipal Sewage System |
|
Size Frontage
|
170 Ft |
|
Size Total Text
|
Under 1/2 Acre |
|
Zoning Description
|
R2 |
https://www.realtor.ca/real-estate/28706568/141-kipling-avenue-kitchener
