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.
MLS# | 40624928 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Days On Site | 71 |
Listing Provided By | RE/MAX REAL ESTATE CENTRE INC. | Terry Riddoch |
Bath(s) | 6 |
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SQ Feet | 5,325 |
Basement | Y |
Story(s) | 2 |
Units | 6 |
Zoning | RES 5 |
Province | ON |
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County | Waterloo |
City | Kitchener |
Postal Code | N2C 1P9 |
Area | 3 Kitchener West |
Subarea | 327 Fairview | Kingsdale |
Community Name | 327 Fairview/Kingsdale |
Listing VS Median (in 327 Fairview/Kingsdale) | |
Price: $1,349,000 low | high Med: $589,000 SqFt: 5,325 low | high Med: 1,080 $ / SqFt: $253 low | high Med: $545 On Site: 71 low | high Med: 25.000000 |