ON
Kitchener
N2C2B8
141 KIPLING Avenue
141 KIPLING Avenue, Kitchener, ON N2C2B8
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Listing Type
Multi Family
Listing Status
active
5
$3,275,000

Home Details for 141 KIPLING Avenue

Price
$3,275,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
NaN
Parking
Days on site
83
Listing #
40758535
Property Description

Rockway low-rise with stable in-place income and clear mark-to-market upside. 16 suites (10×2BR, 5×1BR, 1×3BR) 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 condition—ideal 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. (id:31684)

Property Features
  • Cooling Information
    • None
  • Heating Information
    • Natural Gas
Listing Courtesy: Real Broker Ontario Ltd.
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EXIT RESULTS REALTY, BROKERAGE
645 Edwards Street, Rockland, ON K4K 1L4
Paul Dion
License #: 5030680
Sales Representative
Office
613 446 2600
Agent
613 293 3337
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