61 Wood Street, Kitchener, Ontario N2G 2H7

Listed for:
$1,049,000
8 beds
7 baths
Listed 5 days ago
Other for rent: 61 Wood Street, Kitchener, Ontario N2G 2H7

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About

Cross Streets: Union Blvd & Park St. ** Directions: via Union Blvd & Park St. An outstanding opportunity for discerning investors seeking stable income, long-term appreciation, and future potential. Ideally situated in a high-demand central location, this well-maintained fiveplex is within walking distance to the hospital, public transit, shopping, restaurants, and everyday conveniences, an unbeatable combination that continues to attract quality tenants and support strong occupancy. With long-term tenants already in place, this turnkey investment offers dependable cash flow from day one. Each unit and all common areas feature separate hydro meters, helping streamline operating costs and property management. Additional highlights include valuable amenity for both tenants and future owners. Major capital improvements have already been completed, including the flat roof (2016), windows (2015), two new screen doors (2018), and one updated unit (2018). Whether you're expanding your investment portfolio or securing a high-performing multi-family asset in a sought-after location, this is a rare opportunity to own a property that delivers reliable cash flow today while offering exciting possibilities for tomorrow. Located close to healthcare services, grocery stores, reputable schools, restaurants, scenic parks, public transit, and major commuter routes, this is a rare opportunity to acquire a high-performing multi-residential asset in a location that continues to drive tenant demand and long-term value. (id:27476)

Property Highlights

MLS® Number
X14163866
Type
Multi-family
Land Size
38.3 x 139 FT
Parking Space Total
6

Building

Building Type
Other
Storeys
2.00
Square Footage
3000 - 3500 sqft
Bathrooms Total
7
Bedrooms Above Ground
8
Bedrooms Total
8
Amenities
Separate Electricity Meters Golf Nearby, Hospital, Park, Public Transit, Schools
Exterior Finish
Brick
Fireplace Present
No
Basement Type
N/A
Basement Features
Separate entrance
Building Heating Type
Radiant heat
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location

Learn more about this property
Listing provided by:
SAM MCDADI REAL ESTATE INC.
MLS® number:
X14163866
Agent:
Sam Allan Mcdadi
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