Property Description
Offered together as one opportunity: 46-56 College Street and 58 & 64 Weber Street West in downtown Kitchener. Four updated low-rise walk-ups totalling 74 residential suites in a high-demand urban core location. 46-56 College Street (46 suites) offers renovated interiors with modern kitchens, stainless steel appliances, gas fireplaces, and individual thermostats, plus 17 surface parking stalls. 58 & 64 Weber Street West (28 suites) present turnkey interiors with modern kitchens and flooring, heating via in-suite gas fireplaces/baseboards, separate hydro, and 16 surface parking stalls. Prime, walkable location steps to ION LRT, GO Transit, Victoria Park, City Hall, Grand River Hospital, Uptown Waterloo, Market Square, restaurants, and the innovation district. Strong rental demand supported by professional operations with clear rental upside as suites turn over, offering a stable cash-flowing asset with long-term growth potential. Properties are marketed and conveyed together as one transaction on separate PINs with common debt structure, presenting investors with scale, efficiency, and a strong value-add repositioning play. Detailed financials, rent rolls, P&L statements, and property information available to qualified buyers upon execution of a confidentiality agreement. (id:26452)
House located at 46 College Kitchener, Ontario N2H5A1. 46 College Kitchener, Ontario N2H5A1 is in the Kitchener neighborhood. Kitchener, Westmount, and 415 - Uptown Waterloo/Westmoun are nearby neighbourhoods.
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Agent Contact: Jeff Margolis Phone: +14166705998
Listing Courtesy of: Real Broker Ontario Ltd.
Source: crea , MLS#: X12432929
Agent Contact: Ilan Friedner Phone: +19055194847
Listing Courtesy of: Real Broker Ontario Ltd.
Source: crea , MLS#: X12432929
Agent Contact: Elton demirxhiu Phone: +18883111172
Listing Courtesy of: REAL BROKER ONTARIO LTD.
Source: crea , MLS#: X12432929