Rockway low-rise with stable in-place income and clear mark-to-market upside. 16 suites (10×2BR, 5×1BR, 1×3BR) in a 1980 walk-up, separately metered hydro, gas-furnace common systems, and roof replaced Oct 2023. Several suites have been updated with modern finishes; others remain in clean, rent-ready condition—ideal for an investor to capture organic rent growth on turnover without a heavy CapEx program. On-site laundry (2), 16 storage lockers, and 17 surface parking stalls. Family-friendly pocket near parks, schools, Fairway shopping, and transit including Courtland buses & Block Line LRT. R-6 zoning. Strong tenant appeal today with additional upside through suite refreshes as leases roll.
For sale
C$3,275,000
141 Kipling Ave, Kitchener, ON N2C 2B8
--beds
0baths
18,150sqft
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
C$180/sqft
C$-- HOA
What's special
- 56 days |
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