1236 Weber Street E Kitchener, Ontario N2A 1C3
$1,299,999
User Presenting an exceptional investment opportunity in the heart of Kitchener, this meticulously crafted building features three turnkey 2-bedroom units, offering a blend of modern comforts and prime amenities. The property showcases contemporary upgrades, including new windows, AC units, a stylish quartz countertop kitchen, updated bathrooms, new flooring, roofing, and an added balcony, ensuring a premium living experience for residents. Centrally located with seamless access to amenities, this investment opportunity is situated on a spacious lot, presenting significant land development potential. With a solid 5% cap rate, the property guarantees immediate and attractive returns. Beyond rental income, diversified revenue streams from parking, advertisement signage, coin laundry, and more contribute to its overall profitability. This property is not merely a building; it represents a strategic investment focused on modern living, growth potential, and a varied income portfolio, making it a compelling prospect in the thriving real estate market of Kitchener. (id:49476)
Property Details
| MLS® Number | 40525876 |
| Property Type | Office |
| Amenities Near By | Public Transit |
| Community Features | High Traffic Area |
Building
| Basement Type | Full |
| Stories Total | 3 |
| Size Exterior | 2895.0000 |
| Utility Water | Municipal Water |
Land
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Public Transit |
| Sewer | Municipal Sewage System |
| Size Frontage | 79 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R2 |
https://www.realtor.ca/real-estate/26401473/1236-weber-street-e-kitchener
Interested?
Contact us for more information
Stacey Chan
Salesperson
(519) 208-9392
585 Queen St. S., Unit 101
Kitchener, Ontario N2G 4S4
(519) 279-6258
(519) 208-9392
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
January 10 2024 02:15:46
Kitchener-Waterloo Association of REALTORS®
Solid State Realty Inc.