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. 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 building has large garage space at the back for potential value add opportunities. (id:4069)
Address
28-30 ONTARIO Street S
List Price
$3,850,000
Property Type
Multi-family
Area
Ontario
Sub-Area
Kitchener
Floor Area
6,000 Sq. Ft.
MLS® Number
40691111
Listing Brokerage
Royal LePage Wolle Realty
Basement Area
Partial (Partially finished)
Postal Code
N2G1X2
Zoning
D1
Site Influences
Park, Public Transit, Shopping
