$13,500,000

Investment For Sale In City Commercial Core, Kitchener, Ontario

$13,500,000

Property Information:

Offered together as one opportunity: 46–56 College St, 58 & 64 Weber St W, Kitchener — Four well-maintained low-rise walk-ups in downtown Kitchener totaling 74 residential units. 46–56 College St offers renovated suites with modern kitchens, stainless steel appliances, gas fireplaces and individual thermostats; 17 parking stalls. 58 & 64 Weber St W present turnkey interiors with modern kitchens and flooring, heating via in-suite gas fireplaces/baseboards and separate hydro; 16 surface parking spaces. Prime, walkable location — steps to ION LRT, GO, Victoria Park, Market Square, City Hall, Grand River Hospital, Uptown Waterloo, restaurants and the innovation district. Stable current income with professional operations and clear rental upside as leases turn over. Properties marketed and to be conveyed together as one transaction; detailed financials and property information available to qualified buyers under executed confidentiality agreement.

Inclusions: Other,Hot Water Tank (Owned).All Existing Fridges, Stoves, Light Fixtures, And Window Coverings In Units; Laundry Equipment; Any Fixtures Not Owned By Tenants.

Exclusions : All Tenant Belongings.

Building Features:

  • Floor Space: 67000 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): 67000 Square Feet
  • Heating: Baseboard, Natural Gas
  • Interior Features: Built-In Appliances, Separate Heating Controls, Separate Hydro Meters
  • Laundry Features: Coin Operated, Common Area
  • Lot Features: High Traffic Area, Hospital, Public Transit, Schools, Shopping Nearby
  • Lot Frontage: 129.84 Feet
  • Roof: Asphalt, Shingle
  • Water Source: Municipal
  • Zoning: C5
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 33

Courtesy of: Real Broker Ontario Ltd.

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