43 6 Avenue Kitchener, Ontario N2C 1P9
$1,399,000
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:42029)
Property Details
| MLS® Number | 40722097 |
| Property Type | Multi-family |
| CommunityFeatures | High Traffic Area |
| EquipmentType | Water Heater |
| Features | Laundry- Coin Operated |
| ParkingSpaceTotal | 8 |
| RentalEquipmentType | Water Heater |
Building
| BathroomTotal | 6 |
| BedroomsTotal | 8 |
| Appliances | Water Softener |
| BasementDevelopment | Partially Finished |
| BasementType | Full (partially Finished) |
| CoolingType | None |
| ExteriorFinish | Brick |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air, Radiant Heat |
| StoriesTotal | 2 |
| SizeInterior | 5325 Sqft |
| UtilityWater | Municipal Water |
Land
| AccessType | Highway Access |
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeFrontage | 65 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | Res 5 |
https://www.realtor.ca/real-estate/28234549/43-6-avenue-kitchener
Interested?
Contact us for more information
Terry Riddoch
Broker
720 Westmount Rd.
Kitchener, Ontario N2E 2M6
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April 30 2025 03:58:33
Kitchener-Waterloo Association of REALTORS®
RE/MAX Real Estate Centre Inc.