Added 2 months ago
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Type: Investment
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Property Type: Commercial
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Business Type: Apts-6 To 12 Units
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Zoning: R5
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Age: No Data
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Taxes: 24090.99
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MLS®#: X9301367
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Days on Site: 72 Days
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Added: Sep 05, 2024 (2 months ago)
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Updated:
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Last Checked: 5 hours ago
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Listed By: CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD
Located in the heart of Downtown Kitchener, this beautifully updated property features twelve charming one-bedroom units, each with its own private balcony for a touch of outdoor relaxation. Six of the units have undergone complete renovations, offering modern finishes and updated appliances. The building has been enhanced with new front and back doors, a state-of-the-art security system, and energy-efficient windows, ensuring both safety and sustainability. Fresh flooring throughout the common areas adds to its appeal. The property boasts newly paved parking (2023) and offers unparalleled convenience with its prime locationjust steps from Google, the LRT, and the future transit hub. Each unit is separately metered for hydro, paid by the tenants, while a new gas boiler system installed in 2022 efficiently handles heating. All twelve units are above grade, flooding the interiors with natural light. The basement provides laundry facilities, individual storage units, and houses the new boiler system. A full fire retrofit was completed in 2021, prioritizing resident safety. This is a rare opportunity to own a secure, stylish, and ideally located property in one of Kitcheners most sought-after neighborhoods.
Property
Status: Sale
Type: Apts-6 To 12 Units
Property Type: Investment
Property Type: Apartment
Area: Kitchener
Availability Date: Flexible
Inside
Bathrooms: 12
Air Conditioning: N
Washrooms: 12
Utilities
Utilities: Yes
Building
Basement: Y
Heat Type: Radiant
Green Verification Status: N
Freestanding: Y
Water Supply: Municipal
Parking
Garage Type: None
Covered Parking Spaces: 12
Fees
Tax Year: 2024
Tax Legal Description: PT LT 3, 2 KRAEMER PL 400 KITCHENER; PT LT 42 STREETS & LANES KI
Taxes: $24,091
Taxes Type: Annual
Land
Cross Street: Ahrens St West / Lou
Municipality District: Kitchener
Parcel Number: 223200066
Lot Depth: 191.58 Feet
Lot Frontage: 92.51 Feet
Zoning: R5
Additional Media
- Virtual Tour: https://my.matterport.com/show/?m=wYkmDTR3CQ9
Commercial Specific
Total Area: 7560
Total Area Metric: Sq Ft
Area Influence: Major Highway
Area Influence: Public Transit
Lot Code: Building
St Teresa Catholic Elementary School
Elementary: CatholicCourtland Avenue Public School
Elementary: PublicPrueter Public School
Elementary: PublicKing Edward Public School
Elementary: PublicMargaret Avenue Public School
Elementary: PublicSuddaby Public School
Elementary: PublicRosemount - U Turn School
Secondary: PublicKitchener Waterloo Collegiate and Vocational School
Secondary: PublicBluevale Collegiate Institute
Secondary: PublicWaterloo Collegiate Institute
Secondary: PublicEastwood Collegiate Institute
Secondary: PublicCameron Heights Collegiate Institute
Secondary: Public
