Be your own landlord - fantastic opportunity whether you are a first time investor looking to occupy your own building and have tenants pay your mortgage or are a seasoned investor. The property consists of a purpose built 6 unit apartment building on a large 0.231 acre lot. Unit breakdown is four (4) 1 bed - 1 bath units and two (2) 2 bed – 1 bath units. Hydro is separately metered (at tenant's expense) with a single water and sewer. The building has been responsibly maintained with a number of recent capital expenditures including full renovation of units 5 (2021) and 4 (2025), new boiler (2022), roof, furnace and pavement in parking lot (2018). The property is located in a very attractive area in terms of investment with a majority of single family detached homes in addition to smaller duplexes and triplexes. The area will appeal to Tenants with easy access to public transportation, schools and various other amenities including a regional shopping mall, the expressway (to 401), a variety of grocery stores, restaurants, drug stores, medical and dental as well as other shopping opportunities. (id:4069)
Address
43 6 Avenue
List Price
$1,399,000
Property Type
Multi-family
Area
Ontario
Sub-Area
Kitchener
Bedrooms
8
Bathrooms
6
Floor Area
5,325 Sq. Ft.
MLS® Number
40722097
Listing Brokerage
RE/MAX REAL ESTATE CENTRE INC.
Basement Area
Full (Partially finished)
Postal Code
N2C1P9
Zoning
RES 5
Features
Laundry- Coin operated
