Rockway low-rise with stable in-place income and clear mark-to-market upside. 16 suites (102BR, 51BR, 13BR) in a 1980 walk-up, separately metered hydro, gas-furnace common systems, and roof replaced Oct 2023. Several suites have been updated with modern finishes; others remain in clean, rent-ready conditionideal for an investor to capture organic rent growth on turnover without a heavy CapEx program. On-site laundry (2), 16 storage lockers, and 17 surface parking stalls. Family-friendly pocket near parks, schools, Fairway shopping, and transit including Courtland buses & Block Line LRT. R-6 zoning. Strong tenant appeal today with additional upside through suite refreshes as leases roll. (id:58549)
| MLS® Number | X12334225 |
| Property Type | Multi-family |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Interior | 18150 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Frontage | 170 Ft |
| Size Irregular | 170 Ft |
| Size Total Text | 170 Ft |
| Zoning Description | R2 |
https://www.realtor.ca/real-estate/28711350/141-kipling-avenue-kitchener
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