9 Bedroom
7 Bathroom
3,500 - 5,000 sqft
Fireplace
None
Baseboard Heaters, Radiant Heat, Not Known
$1,830,000
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. (id:63476)
Property Details
|
MLS® Number |
X12998604 |
|
Property Type |
Multi-family |
|
Amenities Near By |
Public Transit, Place Of Worship, Schools |
|
Community Features |
School Bus |
|
Features |
Irregular Lot Size, Lane |
|
Parking Space Total |
5 |
Building
|
Bathroom Total |
7 |
|
Bedrooms Above Ground |
9 |
|
Bedrooms Total |
9 |
|
Age |
100+ Years |
|
Appliances |
Water Meter, Water Heater, Dishwasher, Dryer, Stove, Two Washers, Water Softener, Refrigerator |
|
Basement Development |
Finished |
|
Basement Features |
Apartment In Basement |
|
Basement Type |
N/a (finished), Full, N/a |
|
Cooling Type |
None |
|
Exterior Finish |
Brick |
|
Fireplace Present |
Yes |
|
Foundation Type |
Concrete |
|
Half Bath Total |
1 |
|
Heating Fuel |
Natural Gas |
|
Heating Type |
Baseboard Heaters, Radiant Heat, Not Known |
|
Stories Total |
3 |
|
Size Interior |
3,500 - 5,000 Sqft |
|
Type |
Fourplex |
|
Utility Water |
Municipal Water |
Parking
Land
|
Acreage |
No |
|
Land Amenities |
Public Transit, Place Of Worship, Schools |
|
Sewer |
Sanitary Sewer |
|
Size Depth |
118 Ft |
|
Size Frontage |
64 Ft |
|
Size Irregular |
64 X 118 Ft |
|
Size Total Text |
64 X 118 Ft|under 1/2 Acre |
|
Zoning Description |
R2b |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|
|
Second Level |
Kitchen |
2.9 m |
5.26 m |
2.9 m x 5.26 m |
|
Second Level |
Living Room |
3.44 m |
5.16 m |
3.44 m x 5.16 m |
|
Second Level |
Bedroom |
2.83 m |
3.68 m |
2.83 m x 3.68 m |
|
Second Level |
Bedroom |
2.81 m |
3.37 m |
2.81 m x 3.37 m |
|
Second Level |
Dining Room |
1.72 m |
3.94 m |
1.72 m x 3.94 m |
|
Second Level |
Kitchen |
3.97 m |
3.64 m |
3.97 m x 3.64 m |
|
Second Level |
Living Room |
2.57 m |
3.23 m |
2.57 m x 3.23 m |
|
Basement |
Bedroom |
4.91 m |
2.91 m |
4.91 m x 2.91 m |
|
Basement |
Other |
3.5 m |
4.48 m |
3.5 m x 4.48 m |
|
Basement |
Kitchen |
2.85 m |
4.55 m |
2.85 m x 4.55 m |
|
Basement |
Primary Bedroom |
4.63 m |
6.81 m |
4.63 m x 6.81 m |
|
Basement |
Utility Room |
1.13 m |
4.09 m |
1.13 m x 4.09 m |
|
Basement |
Utility Room |
1.4 m |
2.62 m |
1.4 m x 2.62 m |
|
Main Level |
Living Room |
3.85 m |
8.14 m |
3.85 m x 8.14 m |
|
Main Level |
Bedroom |
3.29 m |
4.08 m |
3.29 m x 4.08 m |
|
Main Level |
Bedroom |
3.18 m |
3.8 m |
3.18 m x 3.8 m |
|
Main Level |
Dining Room |
3.88 m |
3.93 m |
3.88 m x 3.93 m |
|
Main Level |
Kitchen |
2.27 m |
3.17 m |
2.27 m x 3.17 m |
|
Upper Level |
Bedroom |
2.7 m |
3.99 m |
2.7 m x 3.99 m |
|
Upper Level |
Bedroom |
3.63 m |
4.78 m |
3.63 m x 4.78 m |
Utilities
|
Cable |
Installed |
|
Electricity |
Installed |
|
Sewer |
Installed |