CAONKitchener142-146 Fergus Ave
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142-146 Fergus Ave, Kitchener, ON

Real Estate

For Sale

Listed price in listed location currency (CAD).
$3,388,888

000

MLS® X12145095

  • Key Facts
  • Description
  • Map

Key Facts

Type Commercial Land
Levels Commercial Sale
Size -
Garage Yes
Maintenance Fees 
Taxes $9,572
Days Active 221
Approx. Age 
MLS® Number X12145095

Property Address: 142-146 Fergus Ave, Kitchener, ON, N2A2H2

Average square foot calculated using Size range provided by listing agent.

Description

Kitchener Purpose-Built Rental For Sale or JV! Nearly approved 88-unit (potential 118) project with CMHC MLI Select eligibility. Ideal for market, affordable, senior, or student housing. Estimated $45M build with potential 50-year amortization. Cash/equity as low as ~$2.2M, depending on sponsor net worth and CMHC approval. Site: 0.965 acres, 72, 616 SF GFA, 89 parking stalls, 28 bike spaces. Projected $3.15M gross rent, $2.3M NOI, 7% stabilized cap. As-is appraisal $6.8M (July 2024); asking $5M. Prime location near GO, schools, shopping & jobs. Rare chance for secure long-term income.
MLS® NumberX12145095
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

May 13, 2025List Date
$3,388,888List Price
  • Commute

Commute

Starting Address
Destination Address
142-146 Fergus Ave, Kitchener, ON

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