901 Victoria St N Kitchener, ON

115 Roxborough Avenue, Kitchener, Ontario N2M 1P6 (30369090)

115 Roxborough Avenue Kitchener, Ontario N2M 1P6

6 Bedroom 3 Bathroom 2,876 ft2
None

$875,000

Are you looking for a solid, turnkey investment in Kitchener-Waterloo? An income-producing property with a projected CAP rate over 5.5%? Anchored by a core location with proximity to retail and hospitals? Presenting 115 Roxborough Avenue, a classic red-brick Tri-plex comprised of three spacious two-bedroom units. Savvy investors will recognize that this property has all the amenities needed to attract top tenants and achieve market rents. The large units feature classic finishes like oak trimwork and spacious eat-in kitchens. There is plenty of on-site parking up to 6 spaces. A large lot offers the potential for densification, investors may consider adding an additional dwelling unit (ADU) for added income. Two units are vacant, ready for market rents and for the new landlord to establish tenancies of their choosing. Conveniently located near retail and shopping amenities just a block away, including public transit. The expressway and downtown Kitchener are less than a 10-minute drive. This property has been impeccably maintained. Contact us for a list of property upgrades or to receive a ProForma outlining income and expense projections. (id:50976)

Property Details

MLS® Number 40867328
Property Type Multi-family
Amenities Near By Hospital, Park, Place Of Worship, Public Transit, Schools, Shopping
Features Laundry- Coin Operated
Parking Space Total 6

Building

Bathroom Total 3
Bedrooms Total 6
Basement Development Finished
Basement Type Full (finished)
Constructed Date 1956
Cooling Type None
Exterior Finish Brick
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Stories Total 2
Size Interior 2,876 Ft2
Type Triplex
Utility Water Municipal Water

Parking

Open

Land

Acreage No
Land Amenities Hospital, Park, Place Of Worship, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 109 Ft
Size Frontage 55 Ft
Size Irregular 0.148
Size Total 0.148 Ac|under 1/2 Acre
Size Total Text 0.148 Ac|under 1/2 Acre
Zoning Description Res-4

https://www.realtor.ca/real-estate/30369090/115-roxborough-avenue-kitchener

Contact Us

Contact us for more information

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Mark Benjamins
Broker

(519) 580-8541
(519) 489-2842
Benjamins Realty Inc.
26 River Valley Drive
Kitchener, Ontario N2C 2V6

(519) 575-9092
(519) 489-2842

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Contact

Toll Free: 800-817-3018
Phone: 519-746-5136

Email

sold@codycooper.ca

Address

Re/Max Twin City Realty Inc.
901 Victoria St N
Kitchener, ON

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.