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$8,500,000
Est. payment /mo
76,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 76,000 sqft
Price per Sqft $111
Subdivision 212 - Downtown Kitchener/East Ward
MLS® Listing ID 40758559
Property Sub-Type Freehold
Source Cornerstone - Hamilton-Burlington
Property Description
The Royal and Wales Apartments – three well-maintained low-rise walk-ups totaling 46 residential units in downtown Kitchener. Renovated in 2015, suites feature modern kitchens, stainless steel appliances, gas fireplaces, and individual thermostats. Excellent tenant mix of 12 bachelors, 23 one-bedrooms, and 11 two-bedrooms. Steps to Victoria Park, Grand River Hospital, Uptown Waterloo, Belmont Village, and the ION LRT. Strong current income with clear rental upside as leases turn over. A turnkey, stabilized investment in a high-demand core location. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters,
Cooling None
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 16
Private Pool No
Building
Story 3
Sewer Municipal sewage system
Others
Ownership Freehold
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Listed by Real Broker Ontario Ltd.
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