CAONKitchener311 - Downtown/rockway/s. Ward15 Floral Cres
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15 Floral Cres, Kitchener, ON

Condo

For Sale

Listed price in listed location currency (CAD).
$2,099,000

111116

MLS® 40804656

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 5824 sqft
Garage No
Maintenance Fees 
Taxes $25,500
Days Active 1
Approx. Age 1955
Avg. Price Per Sqft $360
MLS® Number 40804656

Property Address: 15 Floral Cres, Kitchener, ON, N2G3B3

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

Description

Turnkey multi-residential investment in a proven, high-demand rental market. Rockway Gardens Apartments is a well-maintained, solid brick, stick-construction apartment building comprised of 11 spacious one-bedroom units. Family-owned since 2007, the property reflects significant pride of ownership, with extensive major capital improvements completed, including new Weil-McLain boilers (2010), full window replacement (2010–2015), a new roof (2018), water softener system (2021), and newly paved asphalt parking/driveway—minimizing near-term capital risk. All units are separately metered for hydro, offering strong operational efficiency and upside potential. The property is situated on a generous 0.371-acre lot with 16 on-site parking spaces. Located in the desirable Kingsdale neighbourhood of Kitchener, a quiet, mature area with consistent rental demand, close to Rockway Golf Course, Wilson Park, Kingsdale Community Centre, Fairview Mall, public transit, shopping, and schools, with quick access to the Expressway and major highways. An excellent opportunity to acquire a stabilized asset in a supply-constrained rental market with long-term growth potential.
MLS® Number40804656
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelCoin Operated
Exposure
Exterior
GarageNo
Approx. Age1955
Stories2
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

Carbon Monoxide Detector, Smoke Detector, 1 Coin Operated Washer, 1 Coin Operated Dryer, 11 Stoves, 11 Fridges, 1 Water Softener, 1 Hotwater Tank

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 11, 2026List Date
$2,099,000List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
15 Floral Cres, Kitchener, ON

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