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$13,500,000
QuickQuoteTM: Not Available

Kitchener ON, N2H 5A1

MLS® # X12432929

Property Information:

Offered together as one opportunity: 46-56 College Street and 58 & 64 Weber Street West in downtown Kitchener. Four updated low-rise walk-ups totalling 74 residential suites in a high-demand urban core location. 46-56 College Street (46 suites) offers renovated interiors with modern kitchens, stainless steel appliances, gas fireplaces, and individual thermostats, plus 17 surface parking stalls. 58 & 64 Weber Street West (28 suites) present turnkey interiors with modern kitchens and flooring, heating via in-suite gas fireplaces/baseboards, separate hydro, and 16 surface parking stalls. Prime, walkable location steps to ION LRT, GO Transit, Victoria Park, City Hall, Grand River Hospital, Uptown Waterloo, Market Square, restaurants, and the innovation district. Strong rental demand supported by professional operations with clear rental upside as suites turn over, offering a stable cash-flowing asset with long-term growth potential. Properties are marketed and conveyed together as one transaction on separate PINs with common debt structure, presenting investors with scale, efficiency, and a strong value-add repositioning play. Detailed financials, rent rolls, P&L statements, and property information available to qualified buyers upon execution of a confidentiality agreement. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Floor Space: 76000 sqft
  • Heating Type: Baseboard heaters
  • Cooling Type: None
  • Appliances: Window Coverings

Property Features:

  • Property Type: Multi-family
  • Floor Space (approx): 76000 Square Feet
  • Irregular: Yes
  • Lot Frontage: 129.8 Feet
  • Lot Size: 129.84 FT
  • Zoning: C5

Courtesy of: REAL BROKER ONTARIO LTD.

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 46 COLLEGE STREET, Kitchener, Ontario, N2H 5A1

Demographic Information of 46 COLLEGE STREET, Kitchener, Ontario, N2H 5A1

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$106,041.76

Average Number of Children

1.48

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.56 %

High school certificate or equivalent

26.34 %

Apprenticeship trade certificate/diploma

4.07 %

College/non-university certificate

16.4 %

University certificate (below bachelor)

1.28 %

University Degree

40.34 %

Commuter

Travel To Work

By Car

68.1 %

By Public Transit

12.88 %

By Walking

14.6 %

By Bicycle

2.05 %

By Other Methods

2.37 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

86.7 %

Houses

13.3 %

Own Vs. Rent