REMAX Twin City Realty
Jennifer Brown photo

Jennifer Brown

Sales Representative
Cell: 519-571-4260
Lyn Henderson photo

Lyn Henderson

Sales Representative
Cell: 226-989-8037
JB
MLS®: 30649753 Status: For sale

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$2,170,000
Location:

15 Mowat Boulevard, Kitchener Ontario, N2E1J1

15 Mowat Boulevard, Kitchener Ontario
Description:
Rare, 20 Unit Low-Rise Apartment Building. Concrete and brick construction. Central Kitchener location easy walk to Laurentian Hills Plaza, and big box stores at Laurentian Mall. Quick access to expressway. Building mix of 16 one bedrooms, 3 two bedrooms, 1 bachelor. Loaded with upgrades with recent cap ex including: steel roof (2012), new boiler (2014), balcony sliding doors (2012), back flow prevention (2014), masonry brick work on patios/sidewalk (2015), two washing machines (2015), water heater (2016), new parking lot asphalt (2017), eavestroughs/fascia (2018). Stable building with long term tenants. Building has not had a tenant turnover in over a year. Upswing is available for patient investor by increasing rents to market on re-rental, charging for parking, utilizing attached double car garage for paid storage, submetering and through unit modernization/tenant repositioning. Investor Work Sheet available that shows how this property can work for you! Invest in one of Canadas perennially best towns to invest in! (id:2471)
Property:
Type: Multi-family
Acreage: under 1/2 acre
Utility Types Available: Water (Available)
Sewer: Municipal sewage systemWater: Municipal water
Structure:
Age: 1972
Style: Multi-FamilySquare Footage: 15661 sqft
Heating: Radiant heat
Heating Type: Natural gas
Cooling Type: None
Exterior: Aluminum siding, Brick
Foundation Type: Poured Concrete
Features:
Paved driveway Laundry- Coin operated   
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15 Mowat Boulevard, Kitchener Ontario

RE/MAX Twin City Realty Inc. Brokerage* - Waterloo

Jennifer Brown
Sales Representative

Email Us

Telephone:
519-885-0200

Cellular:
519-571-4260



Listing Offices: RE/MAX TWIN CITY REALTY INC., ROYAL LEPAGE GRAND VALLEY REALTY

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