43 6 Avenue, Kitchener, Ontario

$1,399,000

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8

Beds

6

Baths

5,325

Square feet

About 43 6 Avenue

Be your own landlord - fantastic opportunity whether you are a first time investor looking to occupy your own building and have tenants pay your mortgage or are a seasoned investor. The property consists of a purpose built 6 unit apartment building on a large 0.231 acre lot. Unit breakdown is four (4) 1 bed - 1 bath units and two (2) 2 bed – 1 bath units. Hydro is separately metered (at tenant's expense) with a single water and sewer. The building has been responsibly maintained with a number of recent capital expenditures including full renovation of units 5 (2021) and 4 (2025), new boiler (2022), roof, furnace and pavement in parking lot (2018). The property is located in a very attractive area in terms of investment with a majority of single family detached homes in addition to smaller duplexes and triplexes. The area will appeal to Tenants with easy access to public transportation, schools and various other amenities including a regional shopping mall, the expressway (to 401), a variety of grocery stores, restaurants, drug stores, medical and dental as well as other shopping opportunities. (id:36535)

Features of 43 6 Avenue

Listing # 40722097
Price $1,399,000
Bedrooms 8
Bathrooms 6.00
Square Footage 5,325
Acres 0.00
Type Multi-family
Sub-Type Freehold

Community Information

Address 43 6 Avenue
Subdivision 327 - Fairview/Kingsdale
City Kitchener
Province Ontario
Postal Code N2C1P9

Amenities

Features Laundry- Coin operated
Parking Spaces 8
Is Waterfront No
Has Pool No

Interior

Appliances Water softener
Heating Natural gas Forced air, Radiant heat
Cooling None
Fireplace No
# of Stories 2
Has Basement Yes
Basement Type Full (Partially finished)
Basement Development Partially finished

Exterior

Exterior Brick

Listing Details

OfficeCourtesy Of TERRY RIDDOCH Of RE/MAX REAL ESTATE CENTRE INC.

Listing Map