183 Ottawa Street S Kitchener, Ontario N2G 3T3
$1,550,000
Available for sale is a 7 unit rental property with commercial zoning, offering significant growth potential. This property includes an unfinished garage, loft, and accessory unit, along with a clean, dry basement. The total above-grade square footage is 7,075 Sq. Ft. Location: Downtown, with excellent walkability and just 450 meters from the LRT (Light Rail Transit) station. Current Rent Roll: Stable, generating a net operating income (NOI) of $73,000. Expansion Potential: Opportunity to increase the rent roll by finishing the garage, loft and accessory unit. This property represents a solid investment with existing rental income and room for future growth. Don't miss the opportunity to capitalize on a prime downtown location. Be sure to view the iGuide for more details. Contact listing broker for a breakdown of the proforma. (id:59646)
Property Details
| MLS® Number | 40625256 |
| Property Type | Office |
| Amenities Near By | Public Transit |
Building
| Basement Type | Full |
| Stories Total | 3 |
| Size Exterior | 7099.0000 |
| Size Interior | 7099 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Sewer | Municipal Sewage System |
| Size Depth | 43 Ft |
| Size Frontage | 100 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Cr-1 |
https://www.realtor.ca/real-estate/27217252/183-ottawa-street-s-kitchener
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September 16 2024 08:38:55
Kitchener-Waterloo Association of REALTORS®
Coldwell Banker Peter Benninger Realty
