183 Ottawa Street S Kitchener, Ontario N2G 3T3
$1,750,000
Available for sale is a 7 unit rental property with commercial zoning, offering significant growth potential. This property includes an unfinished garage, loft, and accessory unit, along with a clean, dry basement. The total above-grade square footage is 7,075 Sq. Ft. Location: Downtown, with excellent walkability and just 450 meters from the LRT (Light Rail Transit) station. Current Rent Roll: Stable, generating a net operating income (NOI) of $73,000. Expansion Potential: Opportunity to increase the rent roll by finishing the garage, loft and accessory unit. This property represents a solid investment with existing rental income and room for future growth. Don't miss the opportunity to capitalize on a prime downtown location. Be sure to view the iGuide for more details. Contact listing broker for a breakdown of the proforma. (id:55093)
Property Details
| MLS® Number | 40625256 |
| Property Type | Office |
| AmenitiesNearBy | Public Transit |
Building
| BasementType | Full |
| StoriesTotal | 3 |
| SizeExterior | 7099.0000 |
| SizeInterior | 7099 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Public Transit |
| Sewer | Municipal Sewage System |
| SizeDepth | 43 Ft |
| SizeFrontage | 100 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | Cr-1 |
https://www.realtor.ca/real-estate/27217252/183-ottawa-street-s-kitchener
Interested?
Contact us for more information
Eric Frey
Salesperson
508 Riverbend Drive, Unit D
Kitchener, Ontario N2K 3S2
John Hoffman
Salesperson
508 Riverbend Dr. (Commercial)
Kitchener, Ontario N2K 3S2
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September 12 2024 07:39:20
Kitchener-Waterloo Association of REALTORS®
Coldwell Banker Peter Benninger Realty
