$1,699,000

Commercial For Sale In Victoria Hills, Kitchener, Ontario

$1,699,000

Property Information:

WELL ESTABLISHED 6 UNIT TOWNHOUSE PROPERTY ON BACK TO BACK UNITS. NEWER WINDOWS, UPGRADED SIDING, UPGRADED INSULATION, NEWER FENCES. ALL 6 HAVE 2 BEDROOMS, KITCHEN AND LIVING ROOM WITH FULL BASEMENTS. GAS FIRED WATER HEATER WITH HOT WATER HEATING. LONG TERM TENANTS IN A WELL MAINTAINED BUILDING. 4 PAY THEIR OWN HYDRO. SUFFICIENT PARKING AND ON A BUS ROUTE. CLOSE TO DOWNTOWN, SHOPPING, POOL, LIBRARY, EXPRESSWAY, CHURCHES AND SCHOOLS. GOOD RETURN WITH AMPLE INCOME GROWTH WHEN NEW TENANTS COME IN. New cap rate is 6.96

Inclusions: Washer & Dryer In Unit 3, Stove And Fridge, Washer And Dryer In Unit 5, Stove And Fridge In Unit 6

Exclusions : Tenants Belongings

Building Features:

  • Floor Space: 6100 Square Feet

Property Features:

  • Bedrooms: 0
  • Acres Range: < 0.5
  • Basement: Full
  • Built in: 1974
  • Construction Materials: Aluminum Siding, Brick Veneer, Concrete, Shingle Siding
  • Fencing: Fenced
  • Floor Space (approx): 6100 Square Feet
  • Interior Features: High Speed Internet
  • Lot Depth: 127.22 Feet
  • Lot Features: Highway Access, Hospital, Public Transit, Schools
  • Lot Frontage: 118.30 Feet
  • Parking Features: Asphalt
  • Road Frontage Type: Municipal Road
  • Security Features: Carbon Monoxide Detector(s)
  • Utilities: Electricity Connected, Garbage/Sanitary Collection, Natural Gas Connected, Recycling Pickup, Street Lights, Phone Connected
  • Water Source: Municipal
  • Zoning: R2B
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 9

Courtesy of: CENTURY 21 HERITAGE HOUSE LTD.

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