46 COLLEGE Street|Kitchener, Ontario N2H5A1

CAD 8,500,000
For Sale MLS: 40758559

Property Details

Property Type

Multi-family

Description

MLS Number: 40758559

Property Details: • Type: Multi-family • Ownership Type: Freehold • Bedrooms: N/A • Bathrooms: 0 • Building Type: N/A • Building Size: N/A sqft • Building Storeys: N/A • Building Amenities: N/A • Floor Area: N/A • Land Size: N/A • Land Frontage: N/A • Parking Type: N/A • Parking Spaces: N/A

Description: The Royal and Wales Apartments – three well-maintained low-rise walk-ups totaling 46 residential units in downtown Kitchener. Renovated in 2015, suites feature modern kitchens, stainless steel appliances, gas fireplaces, and individual thermostats. Excellent tenant mix of 12 bachelors, 23 one-bedrooms, and 11 two-bedrooms. Steps to Victoria Park, Grand River Hospital, Uptown Waterloo, Belmont Village, and the ION LRT. Strong current income with clear rental upside as leases turn over. A turnkey, stabilized investment in a high-demand core location. (69465325)

Agent Information: • Agents: Ilan Friedner; Jeff Margolis; Elton Ilir Demirxhiu • Contact: 905-519-4847; 416-670-5998; 647-609-4876 • Brokerage: Real Broker Ontario Ltd.; Real Broker Ontario Ltd.; Real Broker Ontario Ltd. • Website: https://onereal.ca/; https://onereal.ca/; https://onereal.ca/

Time on Realtor: 2 days ago

Location

Address

46 COLLEGE Street|Kitchener, Ontario N2H5A1

City

Kitchener

Features and Finishes

None

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