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$ 12,995,000
Est. payment | /mo
76,000 SqFt
$ 12,995,000
Est. payment | /mo
76,000 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 76000
Square Footage 76,000 sqft
Price per Sqft $170
MLS® Listing ID X12743170
Property Description
Offered together as one opportunity: 46-56 College Street and 58 & 64 Weber Street West in downtown Kitchener. Four updated low-rise walk-ups totalling 74 residential suites in a high-demand urban core location. 46-56 College Street (46 suites) offers renovated interiors with modern kitchens, stainless steel appliances, gas fireplaces, and individual thermostats, plus 17 surface parking stalls. 58 & 64 Weber Street West (28 suites) present turnkey interiors with modern kitchens and flooring, heating via in-suite gas fireplaces/baseboards, separate hydro, and 16 surface parking stalls. Prime, walkable location steps to ION LRT, GO Transit, Victoria Park, City Hall, Grand River Hospital, Uptown Waterloo, Market Square, restaurants, and the innovation district. Strong rental demand supported by professional operations with clear rental upside as suites turn over, offering a stable cash-flowing asset with long-term growth potential. Properties are marketed and conveyed together as one transaction on separate PINs with common debt structure, presenting investors with scale, efficiency, and a strong value-add repositioning play. Detailed financials, rent rolls, P&L statements, and property information available to qualified buyers upon execution of a confidentiality agreement. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Other
Cooling None
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by REAL BROKER ONTARIO LTD.
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