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$5,595,000

Kitchener ON, N2G 2K2

MLS® # 40758567

Property Information:

Union Apartments presents a rare opportunity to acquire a professionally managed, 22-suite low-rise complex in one of Kitchener-Waterloo’s most sought-after residential neighbourhoods. Comprised entirely of 22 one-bedroom suites across two well-maintained walk-up buildings, the property is steps from the Grand River Hospital, ION LRT, major bus routes, and a short drive to the University of Waterloo and Wilfrid Laurier University. Tenants enjoy on-site parking, modernized kitchens with stainless steel appliances, oversized original trim, and on-site laundry facilities. The property’s proximity to healthcare, education, and transit hubs ensures consistent rental demand and long-term value.

Inclusions: Hot Water Tank Owned,22 Refrigerators, 22 Stoves, 2 Laundry Machines.

Exclusions : Any Tenant Belongings.

Building Features:

  • Floor Space: 16093 Square Feet

Property Features:

  • Bedrooms: 0
  • Acres Range: < 0.5
  • Basement: Full, Partially Finished
  • Construction Materials: Brick
  • Cooling: None
  • Driveway Parking: Outside/Surface/Open
  • Floor Space (approx): 16093 Square Feet
  • Heating: Natural Gas
  • Interior Features: Built-In Appliances, Separate Heating Controls, Separate Hydro Meters
  • Laundry Features: Coin Operated, Common Area
  • Lot Features: City Lot, Hospital, Park, Public Transit, Rec./Community Centre, Schools, Shopping Nearby
  • Lot Frontage: 131.77 Feet
  • Roof: Rolled/Hot Mop
  • Water Source: Municipal
  • Zoning: R2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 9

Courtesy of: Real Broker Ontario Ltd.

This listing content provided by Brokers PlaybookTM

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 86 Union Boulevard, Kitchener, ON, N2G 2K2

Demographic Information of 86 Union Boulevard, Kitchener, ON, N2G 2K2

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$116,628.51

Average Number of Children

1.53

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.85 %

High school certificate or equivalent

26.73 %

Apprenticeship trade certificate/diploma

4.09 %

College/non-university certificate

18.04 %

University certificate (below bachelor)

2.66 %

University Degree

38.64 %

Commuter

Travel To Work

By Car

73.29 %

By Public Transit

7.72 %

By Walking

14.77 %

By Bicycle

0.63 %

By Other Methods

3.59 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

62.48 %

Houses

37.52 %

Own Vs. Rent