The Amenities
With a grocery store, liquor store, pharmacy, the Kitchener Public Library, Frederick Mall and multiple stores and restaurants, you can accomplish most of your errands right in your neighbourhood.
Offered at
$1,850,000
Size
5,000 ft2
Bedrooms
11
Bathrooms
8
Property
Size
64 X 225
Walk
Score
83
Transit
Score
65
Property
Taxes
$7,291 (2022)
Year
Built
1915
MLS
40361568
OVER $112,000 IN REVENUE & OVER $80,000 IN OPERATING INCOME!!
Sitting on a 1/3 acre (65' x 225' lot) in prime Downtown Kitchener. This 6plex offers 1 x 3 bedroom unit, 3 x 2 bedroom units and 2 x 1 bedroom units and TONS of parking - 15 spaces plus some outdoor greenery for the tenants at the back of the lot.
AAA tenants with excellent rental rates and opportunity to rent out further parking spaces. Each unit comes with their own in-suite laundry (unit C's is in the hallway). Hydro is separately metered. Centrally located in thriving Downtown Kitchener: 5 minute walk to the Kitchener's Farmers' Market, 8 minute walk to the LRT stop & Conestoga College's Downtown Campus and close to a multitude of employers, the future MedTech Centre, restaurants, shops, parks, entertainment, culture and more. The perfect opportunity to own an excellent investment property, on a huge lot in the heart of DTK.
Note - Some photos from before tenants moved in/previous tenants.
About The Neighbourhood
Eastward is a neighbourhood that exudes charm and character, with a rich history that is reflected in the architecture of its homes. The area has undergone significant changes in recent years, as young families have discovered the appeal of this close-knit community. The neighbourhood's tree-lined streets and well-manicured lawns create a picturesque scene that is reminiscent of a bygone era.
neighbourhood details and dataWith a grocery store, liquor store, pharmacy, the Kitchener Public Library, Frederick Mall and multiple stores and restaurants, you can accomplish most of your errands right in your neighbourhood.
Cheer on the Rangers at the Kitchener Memorial Auditorium, see a concert at the Centre in the Square or enjoy a game of pool or bowling at Frederick Mall.
Eastward is home to 3 elementary schools making it a great neighbourhood for families with children. Depending on where you live in the neighbourhood, you'll likely be within walking distance of either Suddaby PS, Sheppard PS or St. Annes Catholic school.
The numbers below are for informational purposes only and we make no representation or warranty of the results. Everyone's situation is unique—please consult a mortgage broker.
