586 Victoria Street South, Kitchener | Image 1

586 Victoria Street South

Kitchener

  • Commercial

$X,XXX,XXX
For Sale

Added 2 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-6 To 12 Units

  • Zoning: R-6/R2B

  • Age: 51-99 years

  • Taxes: 19250

  • MLS®#: X8050694

  • Days on Site: 65 Days

  • Added: Feb 01, 2024 (2 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: HomeLife Power Realty Inc.

Welcome to 586 Victoria Street South. This 11 suite, Residential Apartment Building has been renovated from top to bottom. It has 11 outdoor parking spots. It consists of 1 Bachelor unit, 6-1 Bedroom apartments, 3-2 Bedroom apartments, and 1-3 Bedroom unit. All new flooring in hallways. 10 out of 11 units have been completely renovated with new kitchens, bathrooms, and all new appliances. Separate hydro meters for all units paid by the tenant. Tremendous opportunity for the investor looking for the perfect turn-key buildings.

Extras

**INTERBOARD LISTING: WATERLOO ASSOCIATION OF REALTORS**The 11th 3 bedroom unit is oversized and can be easily split into 2 separate units. This unit has been extensively renovated. New Kitchen. Granite countertops. (2020). New appliances

Property

  • Status: Sale

  • Type: Apts-6 To 12 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Age: 51-99

  • Area: Kitchener

  • Availability Date: Immediate

  • Assessment Amount: $963,000

  • Assessment Year: 2023

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Baseboard

  • Elevator: None

  • Freestanding: Y

  • Outside Storage: N

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Tax Legal Description: Pt Lt 23 Pl 402 TWP of Waterloo; Pt Lt 18 PL 1131

  • Taxes: $19,250

  • Taxes Type: Annual

Land

  • Cross Street: Between Lawrence And

  • Municipality District: Kitchener

  • Parcel Number: 224400093

  • Sewer: San+Storm

  • Lot Depth: 133.52 Feet

  • Lot Frontage: 65.82 Feet

  • Zoning: R-6/R2B

Commercial Specific

  • Total Area: 0.33

  • Total Area Metric: Acres

  • Area Influence: Public Transit

  • Area Influence: Rec Centre

  • Lot Code: Lot

  • Survey: N

  • Soil Test: N

Map of 586 Victoria Street South, Kitchener
JK-6

Westmount Public School

Elementary: Public
1.03 km
JK-8

St John Catholic Elementary School

Elementary: Catholic
1.09 km
JK-6

Southridge Public School

Elementary: Public
1.32 km
7-8

Queensmount Public School

Elementary: Public
0.94 km
JK-8

A R Kaufman Public School

Elementary: Public
0.48 km
JK-6

J F Carmichael Public School

Elementary: Public
1.04 km
Pre-Grade 9-12

Forest Heights Collegiate Institute

Secondary: Public
1.78 km
Pre-Grade 9-12

Kitchener Waterloo Collegiate and Vocational School

Secondary: Public
1.76 km
Pre-Grade 9-12

Bluevale Collegiate Institute

Secondary: Public
4.03 km
Pre-Grade 9-12

Waterloo Collegiate Institute

Secondary: Public
4.38 km
9-12

Resurrection Catholic Secondary School

Secondary: Catholic
2.39 km
Pre-Grade 9-12

Cameron Heights Collegiate Institute

Secondary: Public
2.88 km
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