FOR SALE
$1,449,000
141 Kitchener, Toronto, ON, M1E 2Y2
3+2
3
1500-2000
About the Property
About the Property
Rare opportunity to select your own tenant base in the heart of Kitchener on a quiet treelined street. With a 2-minute walk from the Google Kitchener hub, the property is located in a Walker's Paradise (Walk Score 90+) offering immediate access to the ION LRT, GO-train, vibrant amenities, restaurants, and major employers in both downtown Kitchener and Uptown Waterloo. A legal fourplex with bright and spacious units in a highly desirable mix of one 1-bedroom+den, one 2-bedroom+den, and two 3-bedroom units. Each unit has its own entrance, in-suite laundry, heating controls, and private outdoor space.
Abundant on-site parking with up to 2 spaces per unit provides added convenience and a significant competitive advantage . The property appeals to a wide range of tenants - from young professionals to families offering exception flexibility for investors to tailor their rental strategy to optimize rents and curate a strong desirable tenancy in one of the region's fastest growing tech and employment hubs. The property is well-maintained, newly renovated, and set up for minimal maintenance. Whether you're building or refining your portfolio, this is a rare chance to secure a multi-unit asset producing an NOI of close to $100,000 in a central location with both flexibility and upside in a high-demand rental market.
Features
Property Details
MLS#:
X12998604
Status:
For Sale
Property Type:
Fourplex
Central A/C:
No
Bedrooms:
9
Heating Fuel:
Baseboard
Bathrooms:
7
Heating Type:
Baseboard
Parking:
5 Spots
Cross Street:
LOUISA ST, & MOORE AVE
Basement:
Finished, Full, Apartment
Rare opportunity to select your own tenant base in the heart of Kitchener on a quiet treelined street. With a 2-minute walk from the Google Kitchener hub, the property is located in a Walker's Paradise (Walk Score 90+) offering immediate access to the ION LRT, GO-train, vibrant amenities, restaurants, and major employers in both downtown Kitchener and Uptown Waterloo. A legal fourplex with bright and spacious units in a highly desirable mix of one 1-bedroom+den, one 2-bedroom+den, and two 3-bedroom units. Each unit has its own entrance, in-suite laundry, heating controls, and private outdoor space.
Abundant on-site parking with up to 2 spaces per unit provides added convenience and a significant competitive advantage . The property appeals to a wide range of tenants - from young professionals to families offering exception flexibility for investors to tailor their rental strategy to optimize rents and curate a strong desirable tenancy in one of the region's fastest growing tech and employment hubs. The property is well-maintained, newly renovated, and set up for minimal maintenance. Whether you're building or refining your portfolio, this is a rare chance to secure a multi-unit asset producing an NOI of close to $100,000 in a central location with both flexibility and upside in a high-demand rental market.
Features
Property Details
MLS#:
X12998604
Status:
For Sale
Property Type:
Fourplex
Central A/C:
No
Bedrooms:
9
Heating Fuel:
Baseboard
Bathrooms:
7
Heating Type:
Baseboard
Parking:
5 Spots
Cross Street:
LOUISA ST, & MOORE AVE
Basement:
Finished, Full, Apartment
Maintenance:
Exterior:
Brick
Possession Date:
Presented By:
RE/MAX TWIN CITY REALTY INC.
Maintenance:
Exterior:
Brick
Possession Date:
Presented By:
RE/MAX TWIN CITY REALTY INC.