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Kitchener,ON N2M 2C5
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
MLS Listing ID X12128974
Style 2-Storey
Bedrooms 11
Annual Tax Amount $8,960
Tax Year 2024
Property Sub-Type Multiplex
Property Description
Strategic 6-Plex Investment Opportunity for the discerning investor looking to establish or expand a high-performing real estate portfolio, this fully tenanted 6-unit multi-family property offers the ideal balance of stability, cash flow, and long-term upside. Situated in a thriving, family-oriented community, this all-brick building features five spacious two-bedroom units and one one-bedroom unita tenant-friendly mix that ensures steady occupancy and income.Additional value-add features include coin-operated laundry for supplemental passive income and 11 dedicated parking spots - a key amenity that enhances tenant satisfaction and retention.Positioned on a quiet residential street, yet walking distance to public transit, parks, extensive trails, and a well-used community centre, the property benefits from sustained rental demand in a growth corridor.With a strong existing rent roll, durable construction, and minimal management overhead, this is a rare opportunity to acquire a turn-key asset that fits seamlessly into a growth-focused investment strategy. Whether you're acquiring your first building or scaling into mid-size multifamily, this opportunity checks all the right boxes: location, stability, income, and long-term value.
Location
Province ON
County Waterloo
Area Waterloo
Rooms
Family Room No
Basement None
Kitchen 6
Interior
Interior Features Carpet Free,Separate Heating Controls,Water Heater
Cooling None
Fireplace No
Heat Source Electric
Exterior
Parking Features Available,Private,Reserved/Assigned
Pool None
Roof Type Tar and Gravel
Lot Frontage 101.97
Lot Depth 165.5
Total Parking Spaces 11
Building
Foundation Slab