141 Kipling Avenue, Kitchener, Ontario N2C 2B8

Listed for:
$3,275,000
0 beds
0 baths
Listed 55 days ago
Multi-Family for rent: 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:
X12334225
Agent:
Jeff Margolis
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About

Cross Streets: Courtland Ave E. ** Directions: Courtland Ave E to Walton Ave & Kipling Ave. Rockway low-rise with stable in-place income and clear mark-to-market upside. 16 suites (102BR, 51BR, 13BR) 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 conditionideal 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
X12334225
Type
Multi-family
Land Size
170 FT

Building

Building Type
Multi-Family
Square Footage
18150 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water

Location