141 Kipling Ave

For Sale 60 Days
$3,275,000
beds
baths
18,150 Sqft

141 Kipling Ave

For Sale 60 Days
$3,275,000
beds
baths
18,150 Sqft

Highlights

Key insights

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:63267)

JEFF MARGOLIS of REAL BROKER ONTARIO LTD.,
#X12334225
updated 5 days ago.
Houseful checked MLS® for data 5 days ago.

Home overview

Amenities / Utilities
  • Heat source
    Natural gas
  • Heat type
    Other
Location
  • Directions
    2092503
Overview
  • Lot size (acres)
    0.0
  • Building size
    18150
  • Listing #
    X12334225
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28711350/141-kipling-avenue-kitchener
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-8,733

/ Month
25 Years fixed, 20% down payment, % interest
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