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Be your own landlord - fantastic opportunity whether you are a first time investor looking to occupy your own building and have tenants pay your mortgage or are a seasoned investor. The property consists of a purpose built 6 unit apartment building on a large 0.231 acre lot. Unit breakdown is four (4) 1 bed - 1 bath units and two (2) 2 bed 1 bath units. Hydro is separately metered (at tenant's expense) with a single water and sewer. The building has been responsibly maintained with a number of recent capital expenditures including full renovation of units 5 (2021) and 4 (2025), new boiler (2022), roof, furnace and pavement in parking lot (2018). The property is located in a very attractive area in terms of investment with a majority of single family detached homes in addition to smaller duplexes and triplexes. The area will appeal to Tenants with easy access to public transportation, schools and various other amenities including a regional shopping mall, the expressway (to 401), a variety of grocery stores, restaurants, drug stores, medical and dental as well as other shopping opportunities.
All Appliances - 6 stoves, 6 fridges and coin washer and dryer.
City: Kitchener
Purchase Price | $1399000 |
Down Payment | $279800 |
Mortgage Insurance | $0 |
Total Mortgage | $1119200 |
Mortgage Payment | $6897 |
Property Taxes | $574 |
Maintenance Fees | $0 |
Monthly Payment | $7471 |
Located at 43 6 Ave , this Kitchener house is available for sale. This property was listed for $1,399,000 on Wed Apr 30 2025. This house's size is 3000-3500 Sqft. It has 8 bedrooms and 6 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 8 parking spots.
MLS#: X12112813 · $1,399,000 · 8 bedroom house in Kitchener