FOR SALE
$2,600,000
368 Weber, Kitchener, ON, N2H 4B2
12
12
5000 +
About the Property
Excellent opportunity for multi-family investors to acquire a 15-suite apartment building with strong value-add potential. The property includes 1 bachelor suite, 1 one-bedroom suite, and 13 predominantly two-bedroom suites, with approximately half recently renovated, appealing to a broad tenant base and supporting strong cash flow. Ideally located directly off Highway 8 and just minutes from the 401, with access from two streets and ample parking, the building offers exceptional convenience and exposure near local amenities. With rents currently below market, there is significant upside through strategic renovations and tenant turnover, making this a rare opportunity to secure a stable, income-producing asset with long-term growth potential.**INTERBOARD LISTING: CORNERSTONE ASSOCIATION OF REALTORS**
Features
Property Details
MLS#:
X12970098
Status:
For Sale
Property Type:
Multiplex
Central A/C:
No
About the Property
Excellent opportunity for multi-family investors to acquire a 15-suite apartment building with strong value-add potential. The property includes 1 bachelor suite, 1 one-bedroom suite, and 13 predominantly two-bedroom suites, with approximately half recently renovated, appealing to a broad tenant base and supporting strong cash flow. Ideally located directly off Highway 8 and just minutes from the 401, with access from two streets and ample parking, the building offers exceptional convenience and exposure near local amenities. With rents currently below market, there is significant upside through strategic renovations and tenant turnover, making this a rare opportunity to secure a stable, income-producing asset with long-term growth potential.**INTERBOARD LISTING: CORNERSTONE ASSOCIATION OF REALTORS**
Features
Property Details
MLS#:
X12970098
Status:
For Sale
Property Type:
Multiplex
Central A/C:
No
Bedrooms:
28
Heating Fuel:
Water
Bathrooms:
15
Heating Type:
Water
Parking:
18 Spots
Cross Street:
KRAFT AVE & FALESY AVE
Basement:
Finished
Bedrooms:
28
Heating Fuel:
Water
Bathrooms:
15
Heating Type:
Water
Parking:
18 Spots
Cross Street:
KRAFT AVE & FALESY AVE
Basement:
Finished
Maintenance:
Exterior:
Concrete Block
Possession Date:
Presented By:
Colliers Macaulay Nicolls Inc.
Maintenance:
Exterior:
Concrete Block
Possession Date:
Presented By:
Colliers Macaulay Nicolls Inc.