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$ 2,990,000
Est. payment | /mo
$ 2,990,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID X12787102
Annual Tax Amount $37,952
Tax Year 2025
Property Sub-Type Investment
Property Description
The property includes 10, 12 & 14 Rosedale Ave. Three well-maintained apartment buildings located in a desirable corner location, featuring 17 rental units, consisting of 1 bachelor unit, 11 one-bedroom units, and 5 two-bedroom units, supported by 19 on-site parking spots. The property is conveniently located near public transit and Highway 8, providing excellent accessibility and strong tenant appeal. Capital improvements include an upgraded fire alarm system, replacement asphalt and water heaters. Roof replaced in 2016. Additional income is generated through coin-operated laundry facilities. Being under professional management, this compelling investment opportunity represents an income-stable, well-maintained asset with long-term upside potential.
Location
Province ON
County Waterloo
Area Waterloo
Zoning CR-1
Interior
Cooling No
Exterior
Community Features Major Highway, Public Transit
Utilities Available Available
Lot Frontage 153.81
Lot Depth 125.2
Building
Building Age 51-99
Others
ParcelsYN No
Virtual Tour https://www.dropbox.com/scl/fo/ztjtey1pqm4jtivfpjniy/AFNqWmafMBgBmEgt3Db-1z0?e=1&preview=Kitchener+Listing+Video.mp4&rlkey=69uuit0tew3qldn5mwphkz6t5&st=6h6j0sis&bmus=1&dl=0
Listed by HC REALTY GROUP INC.
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