$1,499,900

Investment For Sale In Southdale, Kitchener, Ontario

$1,499,900

Property Information:

Charming Sixplex Investment Opportunity in Forest Hill, KitchenerThis well-maintained sixplex offers a fantastic income-generating opportunity for investors, located in the desirable Forest Hill neighborhood of Kitchener. The property features five 1-bedroom units and one 2-bedroom unit, making it perfect for singles, couples, or small families.Recent upgrades have enhanced both the interior and exterior of the property. The front and rear entrances have been updated with new flooring, freshly painted entryways, and a refreshed exterior to boost curb appeal and provide a welcoming experience for tenants. Units 1 and 2 have undergone modern renovations to attract high-quality tenants.The property is fully equipped with an up-to-date fire alarm and extinguisher system, ensuring safety and compliance with industry standards.Additional Income Potential:A unique opportunity exists for the buyer to further increase income by extending the existing building with the addition of a small house or triplex. Buyer to conduct due diligence before proceeding.With stable income, recent improvements, and significant growth potential, this sixplex is a strong investment opportunity for those looking to add value to their portfolio. Don’t miss out—schedule your showing today!

Inclusions: Other,Stove And Refrigerator In Each Unit And Coin Laundry Machine Is Included "as Is" Conditions

Exclusions : Tenant Belonging

Building Features:

  • Floor Space: 4000 Square Feet

Property Features:

  • Bedrooms: 7
  • Acres Range: < 0.5
  • Basement: None
  • Built in: 1965
  • Construction Materials: Brick, Vinyl Siding
  • Cooling: None
  • Driveway Parking: Outside/Surface/Open
  • Floor Space (approx): 4000 Square Feet
  • Heating: Baseboard, Natural Gas, Radiant
  • Laundry Features: Coin Operated
  • Lot Features: Highway Access, Park, Public Transit, Schools, Shopping Nearby
  • Lot Frontage: 92.57 Feet
  • Parking Features: Mutual/Shared
  • Roof: Flat
  • Security Features: Alarm System, Carbon Monoxide Detector(s)
  • Water Source: Municipal
  • Zoning: R2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 7

Courtesy of: RIGHT AT HOME REALTY BROKERAGE

Data provided by: Mississauga Real Estate Board 3450 Ridgeway Dr. #1, Mississauga, Ontario L5L 0A2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved