43 6 Avenue new

Kitchener,ON N2C1P9

$ 1399000

8 Beds

6 Baths

5325 SqFt


Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 5,325 sqft

Price per Sqft $262

Subdivision 327 - Fairview/Kingsdale

MLS Listing ID 40722097

Bedrooms 8

Originating Board Cornerstone - Waterloo Region

Property Sub-Type Freehold

Property Description

Be your own landlord - fantastic opportunity whether you are a first time investor looking to occupy your own building and have tenants pay your mortgage or are a seasoned investor. The property consists of a purpose built 6 unit apartment building on a large 0.231 acre lot. Unit breakdown is four (4) 1 bed - 1 bath units and two (2) 2 bed – 1 bath units. Hydro is separately metered (at tenant's expense) with a single water and sewer. The building has been responsibly maintained with a number of recent capital expenditures including full renovation of units 5 (2021) and 4 (2025), new boiler (2022), roof, furnace and pavement in parking lot (2018). The property is located in a very attractive area in terms of investment with a majority of single family detached homes in addition to smaller duplexes and triplexes. The area will appeal to Tenants with easy access to public transportation, schools and various other amenities including a regional shopping mall, the expressway (to 401), a variety of grocery stores, restaurants, drug stores, medical and dental as well as other shopping opportunities. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air,Radiant heat,

Cooling None

Exterior

Parking Features No

Community Features High Traffic Area

View Y/N No

Total Parking Spaces 8

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Others

Ownership Freehold

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