267 TRAYNOR Avenue Active

Kitchener,ON N2C1W7

$ 4595000

34 Beds

18 Baths

17000 SqFt


Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 17,000 sqft

Price per Sqft $270

Subdivision 327 - Fairview/Kingsdale

MLS Listing ID 40635033

Bedrooms 34

Originating Board Cornerstone - Waterloo Region

Year Built 1972

Lot Size 0.575 Acres

Acres 25047.0

Property Description

Well maintained purpose built 18-unit apartment building on a 0.575 acre lot with significant opportunity to increase revenue. Unit break-down is 17 Two Bed / One Bath units and 1 newly constructed (completion September 2024) One bed / One bath unit. 8 of the 18 units are newly renovated including flooring, kitchens, appliances and bathrooms leaving an opportunity for the new owner to reposition the 10 remaining units. Revenue may further be increased by the introduction of parking surcharges on turn-over. The building is located in a very attractive area in terms of investment that will appeal to Tenants with easy access to public transportation, including the Region's Light Rail Transit (LRT) system, schools, regional shopping mall, the expressway (to 401), and a variety of grocery & drug stores, restaurants, medical and dental offices as well as other shopping opportunities. (id:24570)

Location

Province ON

Interior

Heating Radiant heat,

Cooling None

Exterior

Parking Features No

Community Features High Traffic Area,School Bus

View Y/N No

Total Parking Spaces 22

Private Pool No

Building

Story 3

Sewer Municipal sewage system

Others

Ownership Freehold

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