Property Description

ALL UNITS OCCUPIED. One Unit has 5 bedrooms; One Unit has 3 bedrooms; One unit has 1 bedroom. Excellent opportunity for the motivated investor. Net Operating Income of $43,095.78. Gross Income of $54,300.00. Cap Rate of 5.1%. This fully leased Triplex is centrally located to the downtown Kitchener Tech Center, a 5 minute drive to Google, close to schools, shopping, transit, hospital and easy access to the Highway. This property comes with Three (3) Hydro Meters and Three (3) Water Heaters with one (1) being owned. This is an excellent opportunity also to live in one unit and have the two units pay the mortgage. There is ample parking (9). Lease Agreements in place, , Financials are available, so please reach out to the Listing Rep. Landlord pays Water, tenants pay other utilities.

Features
: Baseboard, Electric, Forced air, Gas
: Central Air
: Full, Fully Finished, Walk-up
: Carbon Monoxide Detector(s)
: Asphalt Shing
: Asphalt, Detached Garage, Other, Mutual/shared
: Water heater, Separate hydro meters, Separate heating controls, Water heater owned, Water Meter
: Separate hydro meters
: Poured concrete
: Municipal, Unknown
Address Map
CA
Ontario
Waterloo
Kitchener
N2M 1J5
PATRICIA
121
Avenue
W81° 29' 43.3''
N43° 26' 28.5''
Additional Information
ROYAL LEPAGE GRAND VALLEY REALTY
Holy Rosary, St. Anne, St. John, Courtland Ave, J.
Resurrection, Eastwood C.I., K/W C. I.
0
0 Sqft
Multi-3 Unit
Patricia / Highland

121 PATRICIA Kitchener

121 PATRICIA Avenue, Kitchener, Ontario N2M 1J5

9 Bedrooms
5 Bathrooms
C$849000 (C$2123 Rebate)
Listing ID #40036141
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 40036141
Price : C$849000 (C$2123 Rebate)
Bedrooms : 9
Bathrooms : 5
Year Built : 1953
Status : Active
Lot Depth : 133
Lot Front : 55
Property Taxes : C$5014 (C$13 Rebate)
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