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267 Traynor Avenue Kitchener, Ontario N2C 1W7

34 Bedroom 18 Bathroom 17000 sqft
None Radiant Heat

$4,999,900

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:59646)

Property Details

MLS® Number 40635033
Property Type Multi-family
Amenities Near By Public Transit
Community Features High Traffic Area, School Bus
Equipment Type Water Heater
Parking Space Total 22
Rental Equipment Type Water Heater

Building

Bathroom Total 18
Bedrooms Total 34
Basement Type None
Constructed Date 1972
Cooling Type None
Exterior Finish Brick Veneer
Heating Fuel Natural Gas
Heating Type Radiant Heat
Stories Total 3
Size Interior 17000 Sqft
Utility Water Municipal Water

Land

Access Type Highway Access
Acreage No
Land Amenities Public Transit
Sewer Municipal Sewage System
Size Frontage 128 Ft
Size Irregular 0.575
Size Total 0.575 Ac|1/2 - 1.99 Acres
Size Total Text 0.575 Ac|1/2 - 1.99 Acres
Zoning Description R7

https://www.realtor.ca/real-estate/27311390/267-traynor-avenue-kitchener

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