46 COLLEGE Street Active

Kitchener,ON N2H5A1

$ 8500000

0 Bed

0 Bath

76000 SqFt


Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 76,000 sqft

Price per Sqft $111

Subdivision 212 - Downtown Kitchener/East Ward

MLS Listing ID 40758559

Property Sub-Type Freehold

Source Cornerstone - Hamilton-Burlington

Property Description

The Royal and Wales Apartments – three well-maintained low-rise walk-ups totaling 46 residential units in downtown Kitchener. Renovated in 2015, suites feature modern kitchens, stainless steel appliances, gas fireplaces, and individual thermostats. Excellent tenant mix of 12 bachelors, 23 one-bedrooms, and 11 two-bedrooms. Steps to Victoria Park, Grand River Hospital, Uptown Waterloo, Belmont Village, and the ION LRT. Strong current income with clear rental upside as leases turn over. A turnkey, stabilized investment in a high-demand core location. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Baseboard heaters,

Cooling None

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 16

Private Pool No

Building

Story 3

Sewer Municipal sewage system

Others

Ownership Freehold

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