Just listed! New listings in Kitchener often receive offers within the first week.
Turn-key investment opportunity offering an attractive 6.36% cap rate! This tenanted six-unit property features a desirable mix of two one-bedroom units and four two-bedroom units, all updated and providing comfortable living spaces for residents. Separate hydro meters simplify utility management, while shared coin-operated laundry offers an additional amenity. Residents can also enjoy a shared green space and a newly paved parking lot with ample parking. An excellent opportunity for investors seeking an established multi-residential property with rental income in place and strong investment potential in the Kitchener market.
*Estimates based on comparable rentals in the area. Actual income may vary.
Based on active listings in Kitchener. Data updates daily.
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MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
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