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$1,749,900

10 Beds 8 Baths 3,060 SQFT 0.00 Acres
Type: Multi-Family

169 Fifth Avenue
Kitchener, ON N2C 1P6

MLS#: 40856151
Savannah Weng
Savannah Weng
Condo Digs
Sales Representative
Phone: 416.822.3342
Office: 647.417.9995
Presented by: CITIMAX REALTY LTD.

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 5.5% cap.


 

Interior Features

Bedrooms

Total Bedrooms10

Bathrooms

Total Baths8

Other Interior Features

Above Grade Finished Area3,060 sqft
Above Grade Finished Area Unit Type0 sqft
Air Conditioning Y/NNo
BasementFull, Finished
Below Grade Finished Area1,600 sqft
Below Grade Finished Area Unit Type0 sqft
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesSeparate Hydro Meters
Laundry FeaturesIn-Suite
Total Stories2

General

AppliancesHot Water Tank Owned, Dishwasher, Dryer, Refrigerator, Stove, Washer
Building Area Units0 sqft
CityKitchener
Construction MaterialsAluminum Siding, Brick
CoolingCentral Air
CountyWaterloo
ExclusionsTenants Belongings
Garage Y/NNo
HeatingNatural Gas
Insurance Expense1439
Living Area3,060 sqft
MLS Area3 - Kitchener West
MLS Area Minor327 - Fairview/Kingsdale
New ConstructionNo
Number Of Units Total4
Open Parking Spaces2
Property SubtypeMulti-4 Unit
Property TypeResidential Income
RoofShingle
Senior Community Y/NNo
SewerSewer (Municipal)
Standard StatusActive
StatusActive
Stories Count2
ZoningRES-4

Exterior

Building Area Total4,660 sqft
Crops Included Y/NNo
Frontage Length33 sqft
InclusionsHot Water Tank Owned, Refrigerator X 4, Stove X 4, Washer & Dryer X 4, Dishwasher X 2
Lot Dimensions33 x 190
Lot FeaturesHighway Access, Park, Schools, Shopping Nearby
Number of Buildings0
Total Parking2
Water SourceMunicipal
Waterfront Y/NNo

Additional Details

Schools 

High School Hubert H Humphrey Middle School
Elementary School Big Hollow Elementary School

  

Similar Properties

$1,749,900

10 Beds 8 Baths 3,060 SQFT 0.00 Acres
Type: Multi-Family

169 Fifth Avenue
Kitchener, ON N2C 1P6

MLS#: 40856151
Savannah Weng
Savannah Weng
Condo Digs
Sales Representative
Phone: 416.822.3342
Office: 647.417.9995
RE/MAX Condos Plus Corp. Brokerage
45 Harbour Sq. Toronto, ON M5J 2G4

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