581 Strasburg Road, Kitchener | Image 1

581 Strasburg Road

Kitchener

  • Commercial

$X
For Sale

Added 9 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-Over 20 Units

  • Zoning: R2

  • Age: No Data

  • Taxes: 44296.57

  • MLS®#: X8141590

  • Days on Site: 267 Days

  • Added: Mar 13, 2024 (9 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: ROYAL LEPAGE BRANT REALTY

Secure, turn key investment in a great neighborhood located in Kitchener, Ontario. This 21 unit residential building was completely renovated three years ago, which consist of new roof, electrical, heating systems, and the units themselves.

Property

  • Status: Sale

  • Type: Apts-Over 20 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Net Income: 362808

  • Area: Kitchener

  • Availability Date: Other

  • Assessment Amount: $1,997,000

  • Assessment Year: 2023

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Baseboard

  • Energy Certificate: N

  • Green Verification Status: N

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

  • Covered Parking Spaces: 24

Fees

  • Tax Year: 2023

  • Tax Legal Description: BLK N PL 1335 KITCHENER; S/T 1444092,; KITCHENER

  • Taxes: $44,297

  • Expenses: Act

  • Management Expense: 20768

  • Insurance Fee: 18138

  • Operating Fees: 133541

  • Hydro Expense: 3684

  • Other Expenses: 4887

  • Taxes Type: Annual

  • Taxes: 44297

  • Tax Year: 2023

Land

  • Cross Street: Ottawa/Strasburg

  • Municipality District: Kitchener

  • Parcel Number: 226000406

  • Sewer: Sanitary

  • Lot Frontage: 145.12 Feet

  • Zoning: R2

Additional Media

  • Virtual Tour: https://www.zillow.com/view-3d-home/c3605fa6-b2fd-4766-9f4e-e97f43df4ff7?setAttribution=mls&wl=true

Commercial Specific

  • Total Area: 20000

  • Total Area Metric: Sq Ft

  • Lot Code: Building

  • Survey: N

  • Gross Income/Sales: 496649

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