141 Kipling AVE new Save Request In-Person Tour Request Virtual Tour
Kitchener,ON N2C 2B8
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 18,150 sqft
Price per Sqft $180
MLS Listing ID X12334225
Annual Tax Amount $34,536
Tax Year 2024
Property Sub-Type Investment
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.
Location
Province ON
County Waterloo
Area Waterloo
Interior
Cooling No
Exterior
Utilities Available Yes