28 ONTARIO
313 - Downtown Kitchener/W. Ward | Kitchener
$3,850,000.00
Listed about 5 hours ago
- - bed
- - bath
- 6,000 sqft
- 1 parking
- Multi-family
Property history
- Now
- Listed on Oct 16, 2024
Listed for $3,850,000.00
0 days on market
- Jul 5, 2024
- 3 months ago
Terminated
Listed for $3,850,000.00 • on market
- Jul 5, 2024
- 3 months ago
Terminated
Listed for $3,850,000.00 • on market
Location & area
Schools nearby
Home Details
- Description
- An exceptional opportunity to purchase a recently renovated building - the Condor Suites - in the heart of Downtown Kitchener with nine furnished residential suite apartments with ground floor commercial space currently vacant and available for lease or for the purchasers own use. This unique opportunity would allow the purchaser to select their own tenants or choose to operate the property as a short term to mid term rental property in order to achieve higher returns. There are 8 bachelor suites, and one 1 bedroom. One of the units has a large balcony overlooking Downtown Kitchener. All units have been completely and skillfully renovated from top to bottom - including kitchens, bathrooms, flooring, electrical, windows, heat pumps, and includes furnishings such as kitchenware, bedding, and TVs. Laundry onsite for all residential suites. Access to the building and units is handled wirelessly and has security cameras throughout the common areas. This property is unlike any other in downtown Kitchener and well positioned to be a top performer in your portfolio with additional value add opportunities. The property is featured as part of the DTK Artwalk, with a beautiful large mural created by Chilean artist Alapinta, as a tribute to the Mapuche and Six Nation’s Peoples, the original caretakers of the land. The building has large garage space at the back for potential value add opportunities. (id:39198)
- Additional media
- https://youriguide.com/30_ontario_st_s_kitchener_on/
- Property taxes
- $17,430.06 per year / $1,452.51 per month
- Basement
- Partially finished, Partial
- Year build
- -
- Type
- Multi-family
- Bedrooms
- null
- Bathrooms
- null
- Parking spots
- 1 Total
- Floor
- -
- Balcony
- -
- Pool
- -
- External material
- Brick | Aluminum siding
- Roof type
- -
- Lot frontage
- -
- Lot depth
- -
- Heating
- Heat Pump
- Fire place(s)
- -
Listing Brokerage
- MLS® Listing
- 40663085
- Brokerage
- Royal LePage Wolle Realty
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