141 KIPLING AVENUE Active

Kitchener,ON N2C2B8

$ 3275000

- Bed

- Bath

18150 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 18,150 sqft

Price per Sqft $180

MLS Listing ID X12334225

Property Description

Rockway low-rise with stable in-place income and clear mark-to-market upside. 16 suites (102BR, 51BR, 13BR) in a 1980 walk-up, separately metered hydro, gas-furnace common systems, and roof replaced Oct 2023. Several suites have been updated with modern finishes; others remain in clean, rent-ready conditionideal for an investor to capture organic rent growth on turnover without a heavy CapEx program. On-site laundry (2), 16 storage lockers, and 17 surface parking stalls. Family-friendly pocket near parks, schools, Fairway shopping, and transit including Courtland buses & Block Line LRT. R-6 zoning. Strong tenant appeal today with additional upside through suite refreshes as leases roll. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Other

Exterior

Parking Features No

View Y/N No

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