43 6 Avenue Kitchener, Ontario N2C 1P9

8 Bedroom 6 Bathroom 5,325 ft2
None Forced Air, Radiant Heat

$1,399,000

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. (id:37841)

Property Details

MLS® Number 40722097
Property Type Multi-family
Community Features High Traffic Area
Equipment Type Water Heater
Features Laundry- Coin Operated
Parking Space Total 8
Rental Equipment Type Water Heater

Building

Bathroom Total 6
Bedrooms Total 8
Appliances Water Softener
Basement Development Partially Finished
Basement Type Full (partially Finished)
Cooling Type None
Exterior Finish Brick
Heating Fuel Natural Gas
Heating Type Forced Air, Radiant Heat
Stories Total 2
Size Interior 5,325 Ft2
Utility Water Municipal Water

Land

Access Type Highway Access
Acreage No
Sewer Municipal Sewage System
Size Frontage 65 Ft
Size Total Text Under 1/2 Acre
Zoning Description Res 5

https://www.realtor.ca/real-estate/28234549/43-6-avenue-kitchener

Contact Us

Contact us for more information

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Terry Riddoch
Broker

(519) 741-0957
(519) 591-1725
www.terryriddoch.ca/

RE/MAX Real Estate Centre Inc.
720 Westmount Rd.
Kitchener, Ontario N2E 2M6

(519) 741-0950
(519) 741-0957

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