141 Kipling Avenue Kitchener, Ontario N2C 2B8

18,150 ft2
Other

$3,275,000

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:60626)

Property Details

MLS® Number X12334225
Property Type Multi-family
Neigbourhood Vanier

Building

Heating Fuel Natural Gas
Heating Type Other
Size Interior 18,150 Ft2
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Size Frontage 170 Ft
Size Irregular 170 Ft
Size Total Text 170 Ft
Zoning Description R2

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