46 College Street Kitchener, Ontario N2H 5A1
76,000 ft2
None
Baseboard Heaters
$8,500,000
The Royal and Wales Apartments – three well-maintained low-rise walk-ups totaling 46 residential units in downtown Kitchener. Renovated in 2015, suites feature modern kitchens, stainless steel appliances, gas fireplaces, and individual thermostats. Excellent tenant mix of 12 bachelors, 23 one-bedrooms, and 11 two-bedrooms. Steps to Victoria Park, Grand River Hospital, Uptown Waterloo, Belmont Village, and the ION LRT. Strong current income with clear rental upside as leases turn over. A turnkey, stabilized investment in a high-demand core location. (id:47351)
Property Details
MLS® Number | 40758559 |
Property Type | Multi-family |
Amenities Near By | Park, Public Transit, Schools, Shopping |
Features | Laundry- Coin Operated |
Parking Space Total | 16 |
Building
Appliances | Water Softener |
Basement Development | Finished |
Basement Type | Full (finished) |
Cooling Type | None |
Exterior Finish | Brick |
Heating Fuel | Natural Gas |
Heating Type | Baseboard Heaters |
Stories Total | 3 |
Size Interior | 76,000 Ft2 |
Utility Water | Municipal Water |
Land
Access Type | Road Access |
Acreage | No |
Land Amenities | Park, Public Transit, Schools, Shopping |
Sewer | Municipal Sewage System |
Size Frontage | 130 Ft |
Size Total Text | Under 1/2 Acre |
Zoning Description | C5 |
https://www.realtor.ca/real-estate/28706766/46-college-street-kitchener