586 VICTORIA Street South, Kitchener, Ontario N2M3B1

Listing courtesy of HomeLife Power Realty Inc..

$4,600,000
16
BD
12
BA
6,500
SqFt
List Price
$4,600,000
MLS®
40535672
Days on Market
75
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Bedrooms
16
Bathrooms
12
Living Area
6,500
Lot Size Dimensions
0.331
Lot Size
14,418
Subdivision
323 - Victoria Hills

Property Description

Welcome to 586 Victoria Street South. This 11 unit Residential Apartment Building has been renovated from top to bottom. It has 11 outdoor parking spots. It consists of 1 Bachelor unit, 6-1 Bedroom apartments, 3-2 Bedroom apartments, and 1-3 Bedroom unit. All new flooring in hallways. 10 out of 11 units have been completely renovated with new kitchens, bathrooms and all new appliances. The 11th 3 bedroom unit is oversized and can be easily split into 2 separate units. This unit has been extensively renovated. New kitchen, granite countertops (2020). New appliances (2020): Stainless steel fridge, stove, dishwasher, OTC, microwave. Gas furnace (2020) located in mechanical/ laundry room. Separate AC unit (2020) for this unit located on the roof. Plus separate in-suite laundry room has its own washer & dryer (2020). Hydro panel w/breakers in unit (2020). Separate hydro meters for all units paid by the tenant. Each unit has baseboard heaters and separate wall units(heat pumps). Tremendous opportunity for the investor looking for the perfect turn-key building. (id:5764)

Additional Information

Ownership
Freehold
Subdivision
323 - Victoria Hills
Parking Spaces
11
Cooling
Wall unit, Ductless
Country
Canada
Sewer
Municipal sewage system
Community Features
School Bus
Heating
Baseboard heaters, Electric
Lot Features
Laundry- Coin operated
Total Number Of Units
11
Stories
3
Lot Size
14,418

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks