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4318

MLS® 40809115

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 15200 sqft
Garage 
Maintenance Fees 
Taxes $36,527
Days Active 23
Approx. Age 
Avg. Price Per Sqft $220
MLS® Number 40809115

Property Address: 115 Kraft Ave, Kitchener, ON, N2A2J2

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

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.Show Description
MLS® Number40809115
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age
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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$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

Home Appraisal

This property is estimated to sell between: $558,000 and $4,746,000.
Similar properties in this area sold on average for: $558,333
Expected to sell in 33 days. Similar properties sold in 56 days. This home has been on eXp Realty for 23 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
115 Kraft Ave, Kitchener, ON

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