Vancor Realty Inc
For Sale

169 FIFTH Avenue

Kitchener – Ontario

$1,749,900

MLS® Number 40856151 | Listing provided by: CITIMAX REALTY LTD. | Powered byREALTOR.ca

About this property

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:66549)

Details

Bedrooms
10
Bathrooms
8
Size
4,660 sq ft
Property type
House
Stories
2
Parking spaces
2
Heating
Natural gas
Neighbourhood
327 - Fairview/Kingsdale
Postal code
N2C1P6
MLS® Number
40856151
Status
For Sale

Features

  • Air Conditioning

Location