43 6 AVE new

Kitchener,ON N2C 1P9

$ 1399000

8 Beds

6 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000-3500

MLS Listing ID X12112813

Style 3-Storey

Bedrooms 8

Annual Tax Amount $6,886

Tax Year 2024

Property Sub-Type Multiplex

Property Description

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.

Location

Province ON

County Waterloo

Area Waterloo

Rooms

Family Room No

Basement Apartment

Kitchen 6

Interior

Interior Features Water Meter,Water Softener,Separate Heating Controls,Accessory Apartment

Cooling None

Fireplace No

Heat Source Gas

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 65.0

Lot Depth 132.0

Total Parking Spaces 8

Building

Foundation Unknown

Others

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