| Message Number | 373665 |
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| status | Active |
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| Subject Line | KWC - Kitchener - 14 Unit Town House Complex - $2,999,000 - $219,000+ gross annual income, Central Kitchener Location, Condo Approved Site Plan! |
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| Business area | |
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| Location, City | Central Kitchener |
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| Have/Want | Have |
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| Business category | Apartment buildings/multi unit/condo townhouse projects/investments |
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| Date of Listing | February 8 2019 |
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| Type Description | Townhouse Complex |
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| Location | Central Kitchener |
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| Price | $2,999,000.00 |
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| Gross Income | 219903 |
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| Expenses | 61048 |
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| Net Income | 154457 |
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| Cap Rate | 5.14 |
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| Comments | $219,000+ Gross Annual Income Available Here! 14 Unit, Newer Stacked Townhouse Development in Investor Sought After Central Kitchener Location. Attractive, Modern Building with nice combination of 11 three bedroom units and 3 one bedroom units. Beautifully landscaping. Built in 2015, everything is new. No deferred maintenance. Each unit features the conveniences and finishes the discerning tenant expects: four appliances - including in suite laundry, Colonial Series doors/trim, dark laminate flooring, contemporary kitchen. Three bedroom units have both a four piece bath as well as a two piece bath. Main and upper units have air conditioning. This combination appeals well to professionals. Note individual electrical and gas meters. Good convenient location with easy proximity to all the amenities your tenants are looking for: the trails/activities at McLennon Park, schools, transit and walking distance to the Big Box stores at Sunrise Centre. Condo-approved site plan may allow for additional future disposition options. Clean opportunity to add to your existing income property portfolio. Investor work sheet available to show how this premium offering can work for you! |
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| Internet Links | Why Invest in Kitchener?
More Investment Properties Here
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| Client Details | Builder/Developer |
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| Control | MLS |
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| Name | Mike Milovick |
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| Title | Broker |
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| Company Name | Royal LePage Grand Valley Realty Brokerage |
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| Address Line One | Unit 15C, 370 Highland Road West |
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| City | Kitchener |
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| State/Province | Ontario |
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| Zip/Postal Code | N2M 5J9 |
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| Country | Canada |
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| Business Phone Number | (519)745-7000 |
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| Cell Number | 519745-7000 |
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| Home Number | 519745-7000 |
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| FAX Number | (519) 745-8460 |
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| Email Address | Send Email |
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| Home Page | Home Page |
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