The Royal and Wales Apartments three well-maintained low-rise walk-ups totaling 46 residential units in downtown Kitchener. Renovated in 2015, suites feature modern kitchens, stainless steel appliances, gas fireplaces, and individual thermostats. Excellent tenant mix of 12 bachelors, 23 one-bedrooms, and 11 two-bedrooms. Steps to Victoria Park, Grand River Hospital, Uptown Waterloo, Belmont Village, and the ION LRT. Strong current income with clear rental upside as leases turn over. A turnkey, stabilized investment in a high-demand core location. (id:60365)
MLS® Number | X12334354 |
Property Type | Multi-family |
Appliances | Water Heater, Window Coverings |
HeatingType | Baseboard Heaters |
SizeInterior | 76000 Sqft |
Type | Multi-family |
UtilityWater | Municipal Water |
Acreage | No |
SizeFrontage | 129 Ft ,10 In |
SizeIrregular | 129.84 Ft |
SizeTotalText | 129.84 Ft |
ZoningDescription | C5 |
https://www.realtor.ca/real-estate/28711514/46-college-street-kitchener
Jeff Margolis
Salesperson
Ilan Friedner
Salesperson
Elton Demirxhiu
Salesperson