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Home ON Kitchener - Cambridge - Waterloo Kitchener Vanier
43 6 Avenue
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43 6 Avenue $1,399,000
$1,399,000
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43 6 Avenue
Kitchener, Ontario N2C1P9

MLS® Number: 40722097
8
Bedrooms
6
Bathrooms
5325
Square Feet

Listing Description

Be your own landlord - fantastic opportunity whether you are a first time investor looking to occupy your own building and have tenants pay your mortgage or are a seasoned investor. The property consists of a purpose built 6 unit apartment building on a large 0.231 acre lot. Unit breakdown is four (4) 1 bed - 1 bath units and two (2) 2 bed – 1 bath units. Hydro is separately metered (at tenant's expense) with a single water and sewer. The building has been responsibly maintained with a number of recent capital expenditures including full renovation of units 5 (2021) and 4 (2025), new boiler (2022), roof, furnace and pavement in parking lot (2018). The property is located in a very attractive area in terms of investment with a majority of single family detached homes in addition to smaller duplexes and triplexes. The area will appeal to Tenants with easy access to public transportation, schools and various other amenities including a regional shopping mall, the expressway (to 401), a variety of grocery stores, restaurants, drug stores, medical and dental as well as other shopping opportunities. (68956646)

Location Description

Kingsway Dr to Sixth Ave

Property Summary

Property Type
Multi-family
Storeys
2
Square Footage
5325 sqft
Subdivision Name
327 - Fairview/Kingsdale
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$6,886
Total Parking Spaces
8
Time on REALTOR.ca
11 days

Building

Bathrooms
Total
6
Interior Features
Appliances Included
Water softener
Basement Type
Full (Partially finished)
Building Features
Features
Laundry- Coin operated
Rental Equipment
Water Heater
Total Units
6
Heating & Cooling
Cooling
None
Heating Type
Forced air, Radiant heat, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Community Features
High Traffic Area
Parking
Total Parking Spaces
8

Measurements

Square Footage
5325 sqft
Above Grade Finished
5325 sqft
Source: Other

Land

Lot Features
Frontage
65 ft
Other Property Information
Access
Highway access
Zoning Description
RES 5
Data provided by: Cornerstone - Waterloo Region 540 Riverbend Drive, Kitchener, Ontario N2K 3S2

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