115 Roxborough AVE, Kitchener, ON N2M 1P6
115 Roxborough AVE, Kitchener, ON N2M 1P6
115 Roxborough AVE, Kitchener, ON N2M 1P6
115 Roxborough AVE, Kitchener, ON N2M 1P6
115 Roxborough AVE, Kitchener, ON N2M 1P6
115 Roxborough AVE, Kitchener, ON N2M 1P6
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Kseniya Pichardo Martinez

Kseniya Pichardo Martinez

+1(226) 336-3810
$ 875,000
Est. payment | /mo

6 Beds

3 Baths

1,938 SqFt

Save
$ 875,000
Est. payment | /mo
Save

6 Beds

3 Baths

1,938 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-3 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 1,938 sqft

Price per Sqft $451

MLS Listing ID 40867328

Bedrooms 6

Abv Grd Liv Area 2,876

Year Built 1956

Annual Tax Amount $5,638

Lot Size 6,446 Sqft

Acres 0.148

Property Sub-Type Multi-3 Unit

Source Cornerstone

Property Description

Are you looking for a solid, turnkey investment in Kitchener-Waterloo? An income-producing property with a projected CAP rate over 5.5%? Anchored by a core location with proximity to retail and hospitals? Presenting 115 Roxborough Avenue, a classic red-brick Tri-plex comprised of three spacious two-bedroom units. Savvy investors will recognize that this property has all the amenities needed to attract top tenants and achieve market rents. The large units feature classic finishes like oak trimwork and spacious eat-in kitchens. There is plenty of on-site parking up to 6 spaces. A large lot offers the potential for densification, investors may consider adding an additional dwelling unit (ADU) for added income. Two units are vacant, ready for market rents and for the new landlord to establish tenancies of their choosing. Conveniently located near retail and shopping amenities just a block away, including public transit. The expressway and downtown Kitchener are less than a 10-minute drive. This property has been impeccably maintained. Contact us for a list of property upgrades or to receive a ProForma outlining income and expense projections.

Location

Province ON

County Waterloo

Area 3 - Kitchener West

Zoning RES-4

Direction HIGHLAND ROAD

Rooms

Basement Full, Finished

Kitchen 0

Interior

Interior Features Separate Hydro Meters

Heating Natural Gas

Cooling None

Fireplace No

Appliance Refrigerator, Stove

Laundry Coin Operated

Exterior

Exterior Feature Separate Hydro Meters

Roof Type Asphalt Shing

Lot Frontage 55.0

Lot Depth 109.0

Garage No

Building

Lot Description Rectangular, City Lot, Hospital, Park, Place of Worship, Public Transit, Schools, Shopping Nearby

Faces HIGHLAND ROAD

Story 3

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 3

Structure Type Brick

New Construction No

Others

Senior Community false

Tax ID 224810132

Ownership Freehold/None

Listed by BENJAMINS REALTY INC.

Nearby Locations

Kseniya Pichardo Martinez

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(226) 336-3810

kseniya@kseniyapichardo.com

ON, Canada

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115 Roxborough AVE