141 Kipling Avenue, Kitchener, Ontario N2C 2B8

Listed for:
$3,275,000
0 beds
0 baths
Listed 84 days ago
141 Kipling Avenue, Kitchener, Ontario N2C 2B8

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Learn more about this property
Listing provided by:
Real Broker Ontario Ltd.
MLS® number:
40758535
Agent:
Ilan Friedner
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About

Courtland Ave E to Walton Ave & Kipling Ave 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. (id:27476)

Property Highlights

MLS® Number
40758535
Type
Multi-family
Ownership Type
Freehold
Land Size
under 1/2 acre
Parking Space Total
18

Building

Storeys
3.00
Square Footage
18150 sqft
Amenities
Public Transit, Schools
Exterior Finish
Brick
Fireplace Present
No
Basement Type
Full (Partially finished)
Basement Features
Building Heating Type
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location