141 Kipling Avenue, Kitchener, ON N2C 2B8

Kitchener N2C 2B8 Ontario

MLS: X12334225

$3,275,000

Added 12 days ago | For Sale

Listed by: REAL BROKER ONTARIO LTD.

About Property

Rockway low-rise with stable in-place income and clear mark-to-market upside. 16 suites (102BR, 51BR, 13BR) in a 1980 walk-up, separately metered hydro, gas-furnace common systems, and roof replaced Oct 2023. Several suites have been updated with modern finishes; others remain in clean, rent-ready conditionideal for an investor to capture organic rent growth on turnover without a heavy CapEx program. On-site laundry (2), 16 storage lockers, and 17 surface parking stalls. Family-friendly pocket near parks, schools, Fairway shopping, and transit including Courtland buses & Block Line LRT. R-6 zoning. Strong tenant appeal today with additional upside through suite refreshes as leases roll.

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 170 X 0
  • Water:Municipal
  • Garage Spaces: /Outside/Surface
  • Driveway:
  • Heating Fuel:
  • Cross Street:Courtland Ave E
  • Basement: ,
  • Possession Date:
  • Annual Property taxes: $34536
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Gas Forced Air Open
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12334225

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