28-30 ONTARIO Street S (40616482)

28-30 ONTARIO Street S, Kitchener, Ontario, N2G1X2
Property TypeMulti-family Building Area6000

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. This unique opportunity would allow the purchaser to select their own tenants or choose to operate the property as a short term to mid term rental property in order to achieve higher returns. 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 property is featured as part of the DTK Artwalk, with a beautiful large mural created by Chilean artist Alapinta, as a tribute to the Mapuche and Six Nation’s Peoples, the original caretakers of the land. The building has large garage space at the back for potential value add opportunities. (id:33575)


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Details
Amenities NearbyPark, Public Transit, Shopping OwnershipFreehold
Parking Spaces1 TransactionFor sale
Zoning Description29.5
Building
AppliancesMicrowave, Microwave Built-in, Window Coverings Basement DevelopmentPartially finished
BasementPartial (Partially finished) CoolingDuctless
Exterior FinishAluminum siding, Brick FoundationBlock
Bathrooms (Total)0 HeatingHeat Pump
Size Interior6000 sqft Storeys Total3
Utility WaterMunicipal water
Land
Size Frontage30 ft AmenitiesPark, Public Transit, Shopping
SewerMunicipal sewage system

Listing Office: Royal LePage Wolle Realty

Data Provided by Cornerstone - Waterloo Region

Last Modified :05/07/2024 03:28:35 PM

Listing Office: Royal LePage Wolle Realty

Data Provided by Cornerstone - Waterloo Region

Last Modified :05/07/2024 03:28:35 PM

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