46 College Street, Kitchener, ON N2H 5A1 (Weber St W)

Price : $8,500,000.00 , MLS®# : X12334354

Description

The Royal and Wales Apartments three well-maintained low-rise walk-ups totaling 46 residential units in downtown Kitchener. Renovated in 2015, suites feature modern kitchens, stainless steel appliances, gas fireplaces, and individual thermostats. Excellent tenant mix of 12 bachelors, 23 one-bedrooms, and 11 two-bedrooms. Steps to Victoria Park, Grand River Hospital, Uptown Waterloo, Belmont Village, and the ION LRT. Strong current income with clear rental upside as leases turn over. A turnkey, stabilized investment in a high-demand core location.

Location Description

Weber St W

Property Details
  • Community:
  • Property Type: Tenant/Commercial
  • Garages: Outside/Surface
  • Annual Property Taxes : $ 95805
Building Features
  • Parking Type : Outside/Surface
Building Features
  • Heating : Baseboard
Land (Lot Features)
  • Frontage: 129.84 sq.ft
  • Land Depth: 0sq.ft

Listing Contracted With: REAL BROKER ONTARIO LTD.

Usman Butt
Broker
Call us @ : 416-875-1487
Mail us @ : realtorusman@gmail.com
Enquiry about this property