ON > Kitchener
Kitchener, ON N2C 2B8,141 Kipling AVE
Kitchener, ON N2C 2B8,141 Kipling AVE
Kitchener, ON N2C 2B8,141 Kipling AVE
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$3,275,000
Est. payment /mo
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18,150 SqFt
Active

141 Kipling AVE Kitchener, ON N2C 2B8

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Jasmine Lee

Jasmine Lee

+1(416) 875-4880

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 18,150 sqft

Price per Sqft $180

MLS Listing ID X12334225

Annual Tax Amount $34,536

Tax Year 2024

Property Sub-Type Investment

Property Description

Rockway low-rise with stable in-place income and clear mark-to-market upside. 16 suites (102BR, 51BR, 13BR) in a 1980 walk-up, separately metered hydro, gas-furnace common systems, and roof replaced Oct 2023. Several suites have been updated with modern finishes; others remain in clean, rent-ready conditionideal for an investor to capture organic rent growth on turnover without a heavy CapEx program. On-site laundry (2), 16 storage lockers, and 17 surface parking stalls. Family-friendly pocket near parks, schools, Fairway shopping, and transit including Courtland buses & Block Line LRT. R-6 zoning. Strong tenant appeal today with additional upside through suite refreshes as leases roll.

Location

Province ON

County Waterloo

Area Waterloo

Interior

Cooling No

Exterior

Utilities Available Yes

Lot Frontage 170.0

Others

Virtual Tour https://youtu.be/MrH0mwxGtfw

Listed by REAL BROKER ONTARIO LTD.
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agent

Jasmine Lee

Real Estate Broker & Team Leader | License ID: 9517861

+1(416) 875-4880

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141 Kipling AVE

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