43 Sixth Av - Apartments FOR SALE


Kitchener, ON N2C 1P9- Kitchener South-East
$1,249,900 CAD
519-741-0950
43 Sixth Av, Kitchener, ON for Sale
$1,249,900 CAD
Apartments - FOR SALE
1/2
null | Request Cap Rate

43 Sixth Av
Kitchener, ON N2C 1P9
Kitchener South-East


HIGHLIGHTS

  • Accessible to major highways, supporting efficient travel to the broader Waterloo Region and Greater Toronto Area.
  • Positioned within an established residential neighborhood with proximity to schools, parks, and local amenities.
  • Potential for multiple property uses under local municipal zoning regulations.

OVERVIEW

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 unit 5 (2021), new boiler (2022), roof, furnace and pavement in parking lot (2018) and full reno of unit 4 (2025). 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.

FOR SALE DETAILS

PRICE

$1,249,900 CAD

PRICE/SF

$385 CAD /SF

# OF UNITS

6

PRICE/UNIT

$208,317

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1956

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

RES 5

APN/PARCEL ID

301204002412300

ASK ABOUT THIS PROPERTY

Terry RiddochTerry Riddoch Personal Real Estate CorporationMore Info
519-741-0950

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Terry RiddochTerry Riddoch Personal Real Estate CorporationMore Info
519-741-0950

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.