An exceptional opportunity to purchase a recently renovated building - the Condor Suites - in the heart of Downtown Kitchener with nine furnished residential suite apartments with ground floor commercial space currently vacant and available for lease or for the purchasers own use. This unique opportunity would allow the purchaser to select their own tenants or choose to operate the property as a short term to mid term rental property in order to achieve higher returns. There are 8 bachelor suites, and one 1 bedroom. One of the units has a large balcony overlooking Downtown Kitchener. All units have been completely and skillfully renovated from top to bottom - including kitchens, bathrooms, flooring, electrical, windows, heat pumps, and includes furnishings such as kitchenware, bedding, and TVs. Laundry onsite for all residential suites. Access to the building and units is handled wirelessly and has security cameras throughout the common areas. This property is unlike any other in downtown Kitchener and well positioned to be a top performer in your portfolio with additional value add opportunities. The property is featured as part of the DTK Artwalk, with a beautiful large mural created by Chilean artist Alapinta, as a tribute to the Mapuche and Six Nation’s Peoples, the original caretakers of the land. The building has large garage space at the back for potential value add opportunities.More details
Kitchener-Waterloo is growing, with record-setting population growth in 2024, and a diverse local economy powered by top academic institutions. 96 Duke Street West, is downtown Kitchener’s premier development site opportunity. Featuring over a half-acre rectangular site (.503) located adjacent to the Central LRT station, across from City Hall and approximately 500m or less from the Transit Hub of Waterloo Region (with future all-day train service to Toronto). With highly flexible D-5 zoning, this site could potentially house a 30+ storey high-rise residential tower someday. Ask for a copy of our land use study from Planner Mitchell Baker. Currently on the property is a 35-car parking lot providing rental income and a 17-unit multi-family building, well maintained and managed with stable tenancy. This is an excellent holding asset while plans are laid. Join the growth of Waterloo Region and develop an investment location that offers many directions. For a complete list of the rent roll and further information on the property contact the brokerage directly.More details
ATTENTION HOME BUYERS AND INVESTORS! Welcome to 111-113 Joseph St., Kitchener where opportunities abound. This legal triplex presents numerous possibilities. Presently with 3 great tenants or consider occupying one unit for yourself while utilizing the other two separately hydro-metered apartments to assist with your mortgage payments. Whether you're looking to support
family members, secure a solid investment, or both, this property stands out in burgeoning Downtown Kitchener. But wait, there's more! Benefit from additional income generated by owned solar panels, it’s like having a fourth unit. All current tenants are open to staying. Some of the recent upgrades include… All new Windows (2023), Two New Furnaces (2022), Central Air in Unit 113 (2022) 3 New Tub Surrounds & Tub Fixtures (2022) All new Electrical Panels (2022) Much of the Front Porch and Upstairs Balcony Replaced (2022) And let's talk location! Situated on quiet, one-way Joseph Street within the charming Victoria Park Heritage District, this property offers the perfect blend of tranquility and urban convenience. Just steps away from Kitchener's picturesque Victoria Park, you'll also find yourself in the heart of the action. Explore downtown Kitchener on foot, with shops, restaurants, nightlife, museums, and cultural venues like the Centre In The Square, all just a short stroll away. If you're part of the high-tech scene, you're in luck – major employers like Google, Communitech, D2L, and mor (see attached)More details
Excellent opportunity here for an investment property to begin your investment portfolio or to add another property to it! With three floors, all their own entrances, each of these three unit building has 2 bedrooms, bathroom, appliances including washer and dryer, heat pump for the each floor with hydro separated for each unit. Lots of parking, an oversized detached garage of nearly 700 sq.ft, and shared back yard. Close to literally everything but on a quiet street! Tremendous upgrades including two new heat pumps in 2023, tankless hot water tank, new windows, doors, new furnace for lower unit, mostly new flooring and bathroom. With the main floor empty, and the home owner residing in the basement suite, excellent opportunity to set you market value rent rates.More details
Solid Brick Cash Flowing triplex situated in the Heart of Rosemount! Located within walking distance to Shopping, Schools & moments to the Expressway. This property appeals to both investors and home buyers looking for a great investment. Unit Breakdown – 2 Bedroom Upper Unit with Newer 4 Piece Bathroom, Newer Kitchen & Flooring 2 Bedroom Main floor Unit Freshly Painted throughout with 4 Piece Bath, Large kitchen, 2 separate entrances & deck - opportunity here to be owner occupied or to reset the rent! As well, a Two Bedroom Basement Apartment with Newer Kitchen, Flooring & Bathroom. Fully Detached Garage & Parking to accommodate 6 cars, as well as, common Laundry for tenants. Updates include 2 Newer Kitchens & Bathrooms, Newer Paint & Flooring throughout. New Roof (2022), New Water Heater. Additional Storage in the Basement!More details
VACANT TRIPLEX - AFFORDABLE INVESTMENT OPPORTUNITY IN DOWNTOWN KITCHENER. 2 x 2 BEDROOM UNITS, 1 x 1 BEDROOM. LARGE DOWNTOWN LOT (42' X 134') WITH LARGE DETACHED GARAGE. GAS FURNACE, ONE HYDRO METER. THIS HOME COULD BE A GREAT INVESTMENT, PRINCIPAL RESIDENCE OR HOUSE HACKING OPPORTUNITY. R6 ZONING.More details
Discover a prime investment property perfectly situated in the heart of Kitchener. Located northeast of Highland Road West and Queen Street South, this multi-family property is nestled in the vibrant downtown West Ward community, offering unparalleled convenience and accessibility.
Location Highlights: Exceptional Connectivity, Easy access to public transportation, including the nearby ION station, as well as bike trails and major arterial roads. Outstanding Walk Score of 81: Most daily errands can be accomplished on foot, making it a highly desirable location for tenants.
Proximity to Amenities: Just a short walk to trails, parks, grocery stores, playgrounds, shopping, and other essential amenities.
Close to Employment and Innovation Hubs: Conveniently located near tech firms, downtown businesses, and other employment opportunities.
Property Features: This multi-family property has been extensively upgraded over the past decade, ensuring modern comforts and reliability. Key improvements include: Interior renovations of multiple units, Installation of new appliances, Addition of water softener, furnaces, and air conditioning system, Upgraded ductwork and commercial unit doors, New railings, deck, and garage roof, Installation of leaf guards and an egress window.
Unique Attributes: Fully tenanted, providing immediate rental income for buyers. Includes a commercial unit, offering mixed-use potential. Assigned parking for most units and ample parking space for tenants. This property represents a rare opportunity to acquire a well-maintained, income-generating asset in a high-demand location. Whether you're looking to diversify your portfolio or make a strategic investment, this property ticks all the boxes. Don't miss out! Act now to secure this incredible investment opportunity. Reach out today to schedule a viewing and take the first step toward adding this gem to your real estate portfolio.More details
Unlock the Potential in Kitchener! This multi-unit property presents an exceptional opportunity for value-add investors seeking their next project. With two vacant units offering flexibility right out of the gate, you have the chance to set the tone for this building’s future. Located in a central area with easy access to major routes and amenities, this building caters to a range of tenants, ensuring long-term rental demand. For investors with a vision, the possibilities are endless—from modernizing units to enhancing curb appeal or even exploring structural expansion, this building is ready for your expertise. If you’re ready to take on a project that offers both challenges and rewards, this is your chance. Bring your ideas, your vision, and your expertise—this property is waiting for you to make an offer. Schedule a tour today and start planning your next steps!More details
Prime Investment Opportunity in Downtown Kitchener located along the LRT tracks and just 450 meters from the station, this 7-unit property offers exceptional accessibility and convenience. Spanning 7,447 sq. ft. of above-grade space, it provides a rare opportunity to expand to 9 units plus a garage and full basement, unlocking additional income potential. Currently generating a reliable NOI of $73,000, the property promises substantial growth in a high-demand rental market. Surrounded by many amenities and steps from transit, it’s an ideal investment for those seeking to maximize returns or leverage its mixed-use potential. Vendor Take-Back (VTB) Financing is Available.More details
Listed by RE/MAX TWIN CITY REALTY INC. BROKERAGE-2
Charming sixplex investment opportunity located in the Forest Hill neighborhood of Kitchener. This well-maintained property provides a solid income-generating opportunity for investors, featuring five 1-bedroom units, and one 2-bedroom unit, making it ideal for singles, couples, or small families.
Recent improvements include new flooring at both the front and rear entrances, freshly painted entryways, and an updated exterior to enhance curb appeal and provide a more inviting experience for tenants. Units 1 and 2 have been recently updated with modern interiors, designed to attract quality tenants. The property is equipped with an up-to-date fire alarm and extinguisher system, providing safety and meeting compliance standards.
With stable income, recent upgrades, and potential for growth, this sixplex provides a strong combination of reliability and opportunity for investors looking to add value to their portfolio. Don’t miss out on this opportunity—schedule your showing today!More details