Property Description

Attention savvy investors, this is a turn key investment property with room to grow and future development potential. Currently a 12 room licenced lodging house with an annual gross income of $63,000. R-5 zoning allows for additional building changes or additions. rnrnMorice Manor, a home providing community housing for over 30 years. The century home built in 1922 with over 1,800 sq ft contains 5 of the private bedrooms, a full bathroom, the main kitchen, full dining room and full living room. The rear addition built in 1989 added an additional 1,600 sq ft, with 7 additional private bedrooms, another kitchen and full bathroom. Ample parking with the paved 40’x67’ parking lot in the rear yard. rnrnLocated in the quiet neighbourhood of Cherry Hill, right in the heart of Kitchener, Morice Manor backs onto beautiful Cherry Park and is the perfect location for everything your residents need. A quick walk to downtown Kitchener, Grand River Hospital, grocery stores and more!

Features
: Forced air, Gas
: Walk-up
: Smoke Detector(s)
: Asphalt Shing
: Other
: Recreational area, Porch, Backs on greenbelt
: Stone, Poured concrete
: Municipal
Address Map
CA
Ontario
Waterloo
Kitchener
N2G 1F3
STRANGE
124
Street
E0° 0' 0''
N0° 0' 0''
Additional Information
KELLER WILLIAMS INNOVATION REALTY
0
0 Sqft
Rooming House
Victoria Street to Strange Street

124 STRANGE Kitchener

124 STRANGE Street, Kitchener, Ontario N2G 1F3

12 Bedrooms
3 Bathrooms
C$1100000
Listing ID #40089053
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 40089053
Price : C$1100000
Bedrooms : 12
Bathrooms : 3
Year Built : 1922
Status : Active
Lot Depth : 148.66
Lot Front : 40.07
Property Taxes : C$4227
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