416 LANCASTER Street W 114 - Uptown Waterloo/North Ward, 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
Storeys
4
Square Footage
18000 sqft
Subdivision Name
114 - Uptown Waterloo/North Ward
Title
Freehold
Land Size
under 1/2 acre
Parking Type
Attached Garage
Building
Interior Features
Appliances Included
Water softener
Basement Type
Full (Partially finished)
Building Features
Features
Laundry- Coin operated
Square Footage
18000 sqft
Heating & Cooling
Cooling
None
Heating Type
Baseboard heaters
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Parking
Parking Type
Attached Garage
Total Parking Spaces
13
Land
Other Property Information
Zoning Description
R2
Features
           Laundry- Coin operated            Attached Garage            Water softener
           None
Enter Details Below
=

Your Home Finance Calculation

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

More Properties By JEFF MARGOLIS

View All

Related Properties

View All

Never Miss Anything Important!

Stay updated with latest property news:

News, Prices, Listings, Brokers, Index, Trends & Articles

We Don’t Like SPAM Either!
Advertisement Banner