Strategic 6-Plex Investment Opportunity for the discerning investor looking to establish or expand a high-performing real estate portfolio, this fully tenanted 6-unit multi-family property offers the ideal balance of stability, cash flow, and long-term upside. Situated in a thriving, family-oriented community, this all-brick building features five spacious two-bedroom units and one one-bedroom unita tenant-friendly mix that ensures steady occupancy and income.Additional value-add features include coin-operated laundry for supplemental passive income and 11 dedicated parking spots - a key amenity that enhances tenant satisfaction and retention.Positioned on a quiet residential street, yet walking distance to public transit, parks, extensive trails, and a well-used community centre, the property benefits from sustained rental demand in a growth corridor.With a strong existing rent roll, durable construction, and minimal management overhead, this is a rare opportunity to acquire a turn-key asset that fits seamlessly into a growth-focused investment strategy. Whether you're acquiring your first building or scaling into mid-size multifamily, this opportunity checks all the right boxes: location, stability, income, and long-term value.
Under Contract:
Hot Water Heater
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
2-Storey
Total Approx Floor Area:
5000 +
Depth:
165'6"50.4 m
Frontage:
102'31.1 m
Lot Shape:
Irregular
Direction Faces:
North
Bedrooms:
11
Bathrooms:
6.0
Water supply:
Municipal
Kitchens:
6
Bedrooms Above Grade:
11
Kitchens Above Grade:
6
Rooms Above Grade:
36
Heating type:
Baseboard
Heating Fuel:
Electric
Foundation:
Slab
Roof:
Tar and Gravel
Basement:
None
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Available, Private, Reserved/Assigned
Parking Spaces:
11
Total Parking Spaces:
11.0
Family Room:
No
Possession Details:
Imm w/ Tenants
Lot Irregularities:
170.61 ft. x 63.28 ft.
Pool:
None
HST Applicable To Sale Price:
Not Subject to HST
Taxes:
$8,960.71 /
2024
Assessment:
$- /
-
Kitchener
Waterloo
Carpet Free, Separate Heating Controls, Water Heater
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