36 Talbot Street, Kitchener | Image 1

36 Talbot Street

Kitchener

  • - bed - bath - sqft
$X,XXX,XXX Listed: $X,XXX,XXX
Removed

Removed on Nov 20, 2024

Note: Property is not currently for sale or for rent.

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  • Type: Multiplex

  • Style: 3-Storey

  • Size: 5000 sqft

  • Lot Size: 120.06 x 270.46 Feet

  • Age: 51-99 years

  • Taxes: $68,274 per year

  • Days on Site: 55 Days

  • Added: Sep 26, 2024 (1 month on market)

  • Updated:

  • Last Checked: 5 hours ago

  • MLS®#: X9370328

  • Listed By: Keller williams innovation realty

Welcome to a rare purpose-built 36 unit investment opportunity in the heart of Kitchener-Waterloo! This purpose-built, 3-storey, 36-unit building situated on 0.8 acres offers a mix of amenities, excellent location, and potential for significant rental income growth. This solid-built property features 24 one-bed units, 10 two-bed units, and 2 bachelor units, all designed with tenant comfort and convenience in mind. Each above-ground unit boasts a private balcony. The building's infrastructure is rock-solid, with recent updates to all windows and balcony sliders ensuring energy efficiency and aesthetic appeal. The roof, with durable rubber membrane since 2010, provides reliable protection and longevity. Parking is never a concern with 33 open parking spots and 11 garage bays, a rare find in this prime location. The building's secured entry and elevator access add to the safety and convenience for all residents. This opportunity not only offers a stable income with several long-term tenants but also holds immense potential for increased rent as tenants transition. Living in Cherry Hill means being at the heart of it all. Just a short stroll to Highland Road, you'll find a variety of grocery stores, restaurants, and other services that cater to daily needs. Nature enthusiasts will enjoy the proximity to the Filzinger Natural Area, an 8-minute walk that leads to the renowned Victoria Park, offering picturesque pathways and green spaces. Downtown Kitchener, just beyond, is home to the KW tech hub, restaurants/retail options, Kitchener City Hall, train station, and the LRT. Commuters will benefit from the close proximity to the Conestoga Expressway, ensuring efficient travel to Waterloo, Cambridge, and the 401.Families will appreciate the nearby schools/community facilities, making this an ideal location for tenants of all ages. Seize this unique opportunity to expand your real estate portfolio with a prime asset.

Status

  • Days on Market: 55

  • Last Status: Suspended

  • Sold Date: Nov 22, 2024

  • Closed Date: Nov 30, -0001

  • Expiry Date: Jan 26, 2025

  • Unavailable Date: Nov 21, 2024

  • Input Date: Sep 26, 2024

  • Prior LSC: Listing with no contract changes

Property

  • Status: Sale

  • Property Type: Multiplex

  • Style: 3-Storey

  • Size (sq ft): 5000

  • Age: 51-99

  • Area: Kitchener

  • Availability Date: Flexible

  • Assessment Amount: $3,078,000

  • Assessment Year: 2023

Inside

  • Bedrooms: 9

  • Bathrooms: 34

  • Kitchens: 9

  • Rooms: 34

  • Den/Family Room: No

  • Air Conditioning: None

  • Fireplace: No

  • Washrooms: 34

Building

  • Basement: Apartment

  • Heat Type: Water

  • Heat Source: Gas

  • Exterior: Brick

  • Water Supply: Municipal

  • Special Designation: Other

Parking

  • Driveway: Private

  • Garage Spaces: 11

  • Garage Type: Built-In

  • Covered Parking Spaces: 33

  • Total Parking Spaces: 44

Fees

  • Tax Year: 2023

  • Tax Legal Description: LT 197-205 PL 266 KITCHENER; PT LT 158 STREETS & LANES KITCHENER

  • Taxes: $68,274

Highlights

  • Feature: Public Trans

  • Feature: Rec Centre

  • Feature: School

Land

  • Cross Street: Belmont Ave

  • Municipality District: Kitchener

  • Fronting On: North

  • Parcel Number: 224410060

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 270.46 Feet

  • Lot Frontage: 120.06 Feet

  • Zoning: RES-6

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Very Walkable

  • Most errands can be accomplished on foot.
75 /100

Some Transit

  • Most errands require a car.
49 /100

Very Bikeable

  • Most errands can be accomplished on bike.
89 /100
JK-6

King Edward Public School

Elementary: Public
1.18 km
JK-6

Westmount Public School

Elementary: Public
1.01 km
JK-8

St John Catholic Elementary School

Elementary: Catholic
0.49 km
7-8

Queensmount Public School

Elementary: Public
1.20 km
JK-8

A R Kaufman Public School

Elementary: Public
0.95 km
JK-6

J F Carmichael Public School

Elementary: Public
0.75 km
Pre-Grade 9-12

Forest Heights Collegiate Institute

Secondary: Public
2.32 km
Pre-Grade 9-12

Kitchener Waterloo Collegiate and Vocational School

Secondary: Public
1.23 km
Pre-Grade 9-12

Bluevale Collegiate Institute

Secondary: Public
3.49 km
Pre-Grade 9-12

Waterloo Collegiate Institute

Secondary: Public
4.14 km
9-12

Resurrection Catholic Secondary School

Secondary: Catholic
2.91 km
Pre-Grade 9-12

Cameron Heights Collegiate Institute

Secondary: Public
2.36 km
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