416 LANCASTER STREET W, Kitchener, Ontario, CA

Address: 416 LANCASTER STREET W, Kitchener, Ontario

0 Beds0 Baths18000 sqftStatus: Buy
Price $4,445,000

Property Overview


Exceptional 21-unit multi-residential investment property in Kitchener with a current NOI of $243,341, reflecting a strong 5.48% cap rate on asking price. Suite mix: 1 bachelor, 12 one-bedroom, and 8 two-bedroom apartments, many with updated kitchens and baths. Gas fireplaces in each unit serve as a primary heat source, supplemented by electric baseboard heating. Tenants enjoy on-site parking and proximity to major transportation routes, retail, and amenities. Professional management in place. HST is in addition to the purchase price where applicable. Confidential rent roll and P&L available with executed attached CA. (id:51532)

 

Tags




Property Summary
Property Type
Multi-family
Building Type
Multi-Family
Square Footage
18000 sqft
Land Size
122 FT
Building
Interior Features
Appliances Included
Water Heater
Building Features
Square Footage
18000 sqft
Heating & Cooling
Heating Type
Baseboard heaters
Utilities
Water
Municipal water
Land
Other Property Information
Zoning Description
R2
Features
           Water Heater
Enter Details Below
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Your Home Finance Calculation

Property Price CA $4,445,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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