ON
Kitchener
N2C 1P6
169 FIFTH Avenue
169 FIFTH Avenue, Kitchener, ON N2C 1P6
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Listing Type
Multi Family
Listing Status
Active
31
$1,749,900

Home Details for 169 FIFTH Avenue

Price
$1,749,900
Type
Residential Income
Bedrooms
10
Total Bathrooms
8
Square feet
4660
Basement
Finished, Full
Listing #
40856151
Property Description

Here is your chance to own a modern, purpose-built fourplex which was constructed only in 2024. This exceptionally built property features two 3-bedroom upper-level units and two 2-bedroom lower-level units, all offering quality finishes and enhanced soundproofing insulation with resilient channel and SonoPan for improved privacy and comfort between units. The property features upgraded kitchen cabinets, countertops and appliances, commercial-grade laminate flooring, commercial steel siding and insulated vertical siding. The rear unit benefits from a covered porch with skylight, while a drainage system around the property provides additional protection and functionality. Each unit is separately metered for utilities, making this an efficient and attractive investment. Excellent tenants are currently in place, providing stable income and peace of mind for the new owner. Residents enjoy a shared common backyard area at the rear. Located in an established family-friendly neighbourhood which is close to amenities, transit, parks, schools and highway access. This is a rare opportunity to acquire a newer, custom built fourplex offering an excellent unit mix, premium construction, upgraded soundproofing, separately metered utilities and strong existing tenancy with an approximate a 5.5% cap. (id:31684)

Property Features
  • Basement
    • Finished
    • Full
  • Cooling Information
    • Central Air
  • Heating Information
    • Natural Gas
  • Water Features
    • Public
Listing Courtesy: CITIMAX REALTY LTD.
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240 Holiday Inn Drive #F, Cambridge, ON N3C 3X4
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