Be your own landlord - fantastic opportunity whether you are a first time investor looking to occupy your own building and have tenants pay your mortgage or are a seasoned investor. The property consists of a purpose built 6 unit apartment building on a large 0.231 acre lot. Unit breakdown is four (4) 1 bed - 1 bath units and two (2) 2 bed – 1 bath units. Hydro is separately metered (at tenant's expense) with a single water and sewer. The building has been responsibly maintained with a number of recent capital expenditures including full renovation of units 5 (2021) and 4 (2025), new boiler (2022), roof, furnace and pavement in parking lot (2018). The property is located in a very attractive area in terms of investment with a majority of single family detached homes in addition to smaller duplexes and triplexes. The area will appeal to Tenants with easy access to public transportation, schools and various other amenities including a regional shopping mall, the expressway (to 401), a variety of grocery stores, restaurants, drug stores, medical and dental as well as other shopping opportunities.
RE/MAX REAL ESTATE CENTRE INC.
$1,399,000
43 6 Avenue, Kitchener, Ontario
8 Bedrooms
6 Bathrooms
5325 Sqft
Utilities
Heating: Forced Air, Natural Gas, Radiant
Parking
Parking Spaces: 8
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Property Sale History
Travel and Neighbourhood
72/100Walk Score®
Very Walkable
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Location
