141 Kipling Avenue Active Save Request In-Person Tour Request Virtual Tour
Kitchener,ON N2C 2B8
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 18,150 sqft
Price per Sqft $180
MLS Listing ID 40758535
Abv Grd Liv Area 18,150
Annual Tax Amount $34,535
Property Sub-Type Multi Family
Source Cornerstone
Property Description
Rockway low-rise with stable in-place income and clear mark-to-market upside. 16 suites (10×2BR, 5×1BR, 1×3BR) in a 1980 walk-up, separately metered hydro, gas-furnace common systems, and roof replaced Oct 2023. Several suites have been updated with modern finishes; others remain in clean, rent-ready condition—ideal for an investor to capture organic rent growth on turnover without a heavy CapEx program. On-site laundry (2), 16 storage lockers, and 17 surface parking stalls. Family-friendly pocket near parks, schools, Fairway shopping, and transit including Courtland buses & Block Line LRT. R-6 zoning. Strong tenant appeal today with additional upside through suite refreshes as leases roll.
Location
Province ON
County Waterloo
Area 3 - Kitchener West
Zoning R2
Direction Courtland Ave E to Walton Ave & Kipling Ave
Rooms
Basement Full,Partially Finished
Kitchen 0
Interior
Interior Features Built-In Appliances,Separate Heating Controls,Separate Hydro Meters
Heating Natural Gas
Cooling None
Fireplace No
Appliance Hot Water Tank Owned
Laundry Coin Operated,Common Area
Exterior
Roof Type Flat
Lot Frontage 170.0
Garage No
Building
Lot Description Ample Parking,City Lot,Public Transit,Rec./Community Centre,Schools
Faces Courtland Ave E to Walton Ave & Kipling Ave
Story 3
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick
New Construction No
Others
Senior Community No
Tax ID 225970059
Ownership Freehold/None
Virtual Tour https://youtu.be/MrH0mwxGtfw