25
See all 25 photos
$1,349,000
Est. payment /mo
8 Beds
6 Baths
Price Dropped by $50K
43 6 AVE Kitchener, ON N2C 1P9
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Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
MLS Listing ID X12112813
Style 3-Storey
Bedrooms 8
Annual Tax Amount $6,886
Tax Year 2024
Property Sub-Type Multiplex
Property Description
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.
Location
Province ON
County Waterloo
Area Waterloo
Rooms
Family Room No
Basement Apartment
Kitchen 6
Interior
Interior Features Water Meter, Water Softener, Separate Heating Controls, Accessory Apartment
Cooling None
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 65.0
Lot Depth 132.0
Total Parking Spaces 8
Building
Foundation Unknown
Others
Virtual Tour https://unbranded.youriguide.com/43_sixth_ave_kitchener_on/
Listed by RE/MAX Real Estate Centre Inc.