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$ 2,250,000
Est. payment | /mo
$ 2,250,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID X12542648
Annual Tax Amount $13,402
Tax Year 2024
Property Sub-Type Investment
Property Description
Discover this fully leased 10-unit multi-family building at 103 Courtland Avenue East, Kitchener - a purpose-built rental constructed in 2009 and designed for hassle-free ownership and easily rentable given the mix of unit type and nestled just 300 meters from vibrant downtown amenities, including shops, restaurants, and entertainment, this property offers unparalleled convenience for tenants, ensuring low vacancy rates and steady demand. Investors will appreciate the desirable ROI with the build efficiency and that each unit is independently metered for water, hydro and gas. Additionally, individual air conditioning and heating systems are providing year-round comfort. Connect for a proforma breakdown.
Location
Province ON
County Waterloo
Area Waterloo
Zoning CR1
Interior
Cooling Partial
Inclusions 10 Fridges, 10 HVAC units, 11 Gas Hot Water Tanks, 10 Stoves, 1 Huebsch Commercial Washing Machine, 1 Huebsch Commercial Dryer.
Exterior
Utilities Available Yes
Lot Frontage 59.0
Lot Depth 118.0
Others
ParcelsYN No
Listed by COLDWELL BANKER PETER BENNINGER REALTY
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