142-146 Fergus Avenue
Kitchener, Ontario
Kitchener Purpose-Built Rental For Sale or JV! Nearly approved 88-unit (potential 118) project with CMHC MLI Select eligibility. Ideal for market, affordable, senior, or student housing. Estimated $45M build with potential 50-year amortization. Cash/equity as low as ~$2.2M, depending on sponsor net worth and CMHC approval. Site: 0.965 acres, 72,616 SF GFA, 89 parking stalls, 28 bike spaces. Projected $3.15M gross rent, $2.3M NOI, 7% stabilized cap. As-is appraisal $6.8M (July 2024); asking $5M. Prime location near GO, schools, shopping & jobs. Rare chance for secure long-term income. (id:63476)
Home Leader Realty Inc.
18 Duke Street E
Kitchener, Ontario
In The Heart of Downtown Kitchener. Two Storey Commercial/Residential Building. 6 Main Floor Retail Stores Plus 7 Residential Apartments On 2nd Flr. (id:63476)
Harvey Kalles Real Estate Ltd.