212 Belmont Avenue West, Kitchener | Image 1

212 Belmont Avenue West

Kitchener

  • Commercial

$3,700,000
For Sale

Added 1 week ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-13 To 20 Units

  • Zoning: R2A/EUF-1

  • Age: No Data

  • Taxes: 29923

  • MLS®#: X8244208

  • Added: Apr 17, 2024 (1 week ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: REAL BROKER ONTARIO LTD.

Solid Investment: 212 Belmont Ave W & 75 Metzloff Dr, Kitchener totalling 14 Units. This building features 12 x 2 Bed and 2 x 1-bed units. Capital improvements include a new roof (2019), new balconies (2023), fresh asphalt parking (2023), updated hallways (2023), hot water tank (2021), and boiler (2022). It offers 22 parking spots and 4 building entrances, with dual entrances for two-bed units. Located with a bus stop right out front and across the street from grocery and amenities. A short 10 min walk to St. Mary's Hospital. Basement houses laundry and storage lockers. VTB available for qualified buyers at attractive rates.

Property

  • Status: Sale

  • Type: Apts-13 To 20 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Area: Kitchener

  • Availability Date: TBD

Inside

  • Air Conditioning: Part

Utilities

  • Utilities: Yes

Building

  • Heat Type: Radiant

  • Freestanding: Y

  • Outside Storage: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2023

  • Taxes: $29,923

  • Taxes Type: Annual

Land

  • Cross Street: Belmont Ave W & High

  • Municipality District: Kitchener

  • Parcel Number: 224420123

  • Lot Depth: 134 Feet

  • Lot Frontage: 120 Feet

  • Zoning: R2A/EUF-1

Commercial Specific

  • Total Area: 0.41

  • Total Area Metric: Acres

  • Area Influence: Public Transit

  • Lot Code: Lot

  • Survey: N

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