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