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

Condo

For Sale

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111116

MLS® 40804656

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 5824 sqft
Garage 
Maintenance Fees 
Taxes $25,500
Days Active 52
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.Show Description
MLS® Number40804656
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
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

Price History

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  • Commute

Commute

Starting Address
Destination Address
15 Floral Cres, Kitchener, ON

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