On the market for 169 days — longer than average. The seller may be open to negotiation.
Excellent opportunity for multi-family investors to acquire a 15-suite apartment building with strong value-add potential. The property includes 1 bachelor suite, 1 one-bedroom suite, and 13 predominantly two-bedroom suites, with approximately half recently renovated, appealing to a broad tenant base and supporting strong cash flow. Ideally located directly off Highway 8 and just minutes from the 401, with access from two streets and ample parking, the building offers exceptional convenience and exposure near local amenities. With rents currently below market, there is significant upside through strategic renovations and tenant turnover, making this a rare opportunity to secure a stable, income-producing asset with long-term growth potential.**INTERBOARD LISTING: CORNERSTONE ASSOCIATION OF REALTORS**
*Estimates based on comparable rentals in the area. Actual income may vary.
Based on active listings in Kitchener. Data updates daily.
How walkable, bikeable, and transit-friendly this neighbourhood is.
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MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
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