UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-4 Unit
Listing Status Active
Purchase Type For Sale
Square Footage 3,060 sqft
Price per Sqft $571
MLS Listing ID 40856151
Bedrooms 10
Abv Grd Liv Area 4,660
Annual Tax Amount $10,166
Property Sub-Type Multi-4 Unit
Source Cornerstone
Property Description
The property features upgraded kitchen cabinets, countertops and appliances, commercial-grade laminate flooring, commercial steel siding and insulated vertical siding. The rear unit benefits from a covered porch with skylight, while a drainage system around the property provides additional protection and functionality.
Each unit is separately metered for utilities, making this an efficient and attractive investment. Excellent tenants are currently in place, providing stable income and peace of mind for the new owner.
Residents enjoy a shared common backyard area at the rear. Located in an established family-friendly neighbourhood which is close to amenities, transit, parks, schools and highway access.
This is a rare opportunity to acquire a newer, custom built fourplex offering an excellent unit mix, premium construction, upgraded soundproofing, separately metered utilities and strong existing tenancy with an approximate a 5.5% cap.
Location
Province ON
County Waterloo
Area 3 - Kitchener West
Zoning RES-4
Rooms
Basement Full, Finished
Kitchen 0
Interior
Interior Features Separate Hydro Meters
Heating Natural Gas
Cooling Central Air
Fireplace No
Appliance Hot Water Tank Owned, Dishwasher, Dryer, Refrigerator, Stove, Washer
Laundry In-Suite
Exterior
Roof Type Shingle
Lot Frontage 33.0
Lot Depth 190.0
Garage No
Building
Lot Description Highway Access, Park, Schools, Shopping Nearby
Story 2
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 2
Structure Type Aluminum Siding,Brick
New Construction No
Others
Senior Community false
Tax ID 225860281
Ownership Freehold/None
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