Kitchener, ON N2B 3H3,87 Kenwood Drive
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$5,900,000
Est. payment /mo
26,867 SqFt
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UPDATED:

09/26/2024 04:01 PM

Key Details

Property Type Commercial

Sub Type Mixed,Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 26,867 sqft

Price per Sqft $219

MLS Listing ID 40543516

Abv Grd Liv Area 26,867

Originating Board Waterloo Region

Annual Tax Amount $52,481

Property Sub-Type Mixed,Building and Land

Property Description

Exceptional Investment opportunity- Impeccable 24-suite Apartment building in a safe and quiet Kitchener neighborhood. Close to
Stanley Park, schools, shopping, and transit. A perfect suite mix of 6 extra large 2-bedroom suites, 16 large corner 2-bedroom suites, and 2 1-bedroom suites. A bright and clean laundry room. A small office, a ground floor walk-out workshop, a well-stocked supply room, and an on-site full service superintendent since 2011. Recent improvements include a new roof, a newer furnace, newer windows, and new sliding glass balcony doors. Below market rents. Great upside potential.

Location

Province ON

County Waterloo

Area 2 - Kitchener East

Zoning R2

Direction Ottawa St N & HWY 7

Rooms

Basement Partial

Kitchen 0

Interior

Fireplace No

Exterior

Lot Frontage 70.42

Garage No

Building

Lot Description Highway Access, Public Transit, Schools

Faces Ottawa St N & HWY 7

Story 4

Sewer Other

Water Municipal

Level or Stories 4

New Construction No

Others

Senior Community false

Tax ID 225230239

Ownership Freehold/None


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Listed by Non-MEM Brokerage

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agent

Isaac Rosebrugh

+1(519) 754-6611

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