Discover a prime investment property perfectly situated in the heart of Kitchener. Located northeast of Highland Road West and Queen Street South, this multi-family property is nestled in the vibrant downtown West Ward community, offering unparalleled convenience and accessibility. Location Highlights: Exceptional Connectivity, Easy access to public transportation, including the nearby ION station, as well as bike trails and major arterial roads. Outstanding Walk Score of 81: Most daily errands can be accomplished on foot, making it a highly desirable location for tenants. Proximity to Amenities: Just a short walk to trails, parks, grocery stores, playgrounds, shopping, and other essential amenities. Close to Employment and Innovation Hubs: Conveniently located near tech firms, downtown businesses, and other employment opportunities. Property Features: This multi-family property has been extensively upgraded over the past decade, ensuring modern comforts and reliability. Key improvements include: Interior renovations of multiple units, Installation of new appliances, Addition of water softener, furnaces, and air conditioning system, Upgraded ductwork and commercial unit doors, New railings, deck, and garage roof, Installation of leaf guards and an egress window. Unique Attributes: Fully tenanted, providing immediate rental income for buyers. Includes a commercial unit, offering mixed-use potential. Assigned parking for most units and ample parking space for tenants. This property represents a rare opportunity to acquire a well-maintained, income-generating asset in a high-demand location. Whether you're looking to diversify your portfolio or make a strategic investment, this property ticks all the boxes. Don't miss out! Act now to secure this incredible investment opportunity. Reach out today to schedule a viewing and take the first step toward adding this gem to your real estate portfolio. (id:51532)
Tags
Property Summary
Property Type
Multi-family
Building Type
Fourplex
Storeys
2
Square Footage
3318 sqft
Subdivision Name
313 - Downtown Kitchener/W. Ward
Title
Freehold
Land Size
4773 ac|under 1/2 acre
Built in
1945
Parking Type
Attached Garage
Building
Interior Features
Appliances Included
Water softener
Basement Type
Full (Partially finished)
Building Features
Features
Paved driveway, Shared Driveway
Foundation Type
Stone
Square Footage
3318 sqft
Heating & Cooling
Heating Type
Forced air
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Community Features
High Traffic Area, Community Centre
Amenities Nearby
Hospital, Park, Playground, Public Transit, Shopping