141 Kipling Avenue Kitchener, Ontario N2C 2B8
$3,275,000
Rockway low-rise with stable in-place income and clear mark-to-market upside. 16 suites (10×2BR, 5×1BR, 1×3BR) in a 1980 walk-up, separately metered hydro, gas-furnace common systems, and roof replaced Oct 2023. Several suites have been updated with modern finishes; others remain in clean, rent-ready condition—ideal for an investor to capture organic rent growth on turnover without a heavy CapEx program. On-site laundry (2), 16 storage lockers, and 17 surface parking stalls. Family-friendly pocket near parks, schools, Fairway shopping, and transit including Courtland buses & Block Line LRT. R-6 zoning. Strong tenant appeal today with additional upside through suite refreshes as leases roll. (id:63013)
Property Details
| MLS® Number | 40758535 |
| Property Type | Multi-family |
| Amenities Near By | Public Transit, Schools |
| Community Features | Community Centre |
| Features | Laundry- Coin Operated |
| Parking Space Total | 18 |
Building
| Basement Development | Partially Finished |
| Basement Type | Full (partially Finished) |
| Cooling Type | None |
| Exterior Finish | Brick |
| Heating Fuel | Natural Gas |
| Stories Total | 3 |
| Size Interior | 18,150 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Frontage | 170 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R2 |
https://www.realtor.ca/real-estate/28706568/141-kipling-avenue-kitchener
130 King Street W. Suite 1900d
Toronto, Ontario M5X 1E3
130 King Street W. Suite 1900d
Toronto, Ontario M5X 1E3
130 King Street W. Suite 1900d
Toronto, Ontario M5X 1E3
Contact the agent today for more information.
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August 08 2025 12:58:32
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