Listed price in listed location currency (CAD).
$3,350,000

281518

MLS® 40809115

  • Property Details
  • Map

Description

Excellent opportunity for multi-family investors to acquire a 15-suite apartment building with strong valued-add potential. The property includes 1 bachelor suites, 1 one-bedroom suite, and 13 predominantly 2-bedroom suites, with approximately half recently renovated, appealing to a broad tenant base and supporting strong cash flow. Ideally located directly off Highway 8 and just minutes from the 401, with access from two streets and ample parking, the building offers exceptional convenience and exposure near local amenities. With rents currently below market, there is significant upside through strategic renovations and tenant turnover, making this a rare opportunity to secure a stable, income-producing asset with long-term growth potential.

Key Facts

Type Apartment
Levels Residential Income
Size 15200 sqft
Taxes $36,527
Days Active 58
Avg. Price Per Sqft $220
MLS® Number 40809115
Stories2

Utilities

HeatNatural Gas, Other
A/CNone

Additional Information

Zoning RES-5
Roofing Flat
Siding Block
Equipment Intercom
Landscaping Ample Parking, High Traffic Area, Public Transit

Extra Features

Other, Refrigerator, Stove

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 25, 2026List Date
$3,350,000List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
115 Kraft Ave, Kitchener, ON

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