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$1,199,000

Kitchener ON, N2B 3G8

MLS® # 40779133

Property Information:

Excellent investment opportunity! Well-maintained 6-plex in a quiet Kitchener neighborhood with convenient highway access. Features six 1-bedroom units, each with a locker, parking, and most with private balconies. Coin-operated laundry on site. Numerous updates: 2024 balcony flooring, 2023 full renovation of Apt #6 (kitchen, bath, flooring, paint), 2020 electric water heater, 2019 propane water heater, and 2014 roof. Easy to manage with strong income and excellent tenants. A true turn-key property in a desirable area!

Inclusions: Smoke Detector

Building Features:

  • Floor Space: 3887 Square Feet

Property Features:

  • Bedrooms: 6
  • Acres Range: < 0.5
  • Basement: Full, Finished
  • Built in: 1959
  • Construction Materials: Brick
  • Cooling: None
  • Driveway Parking: Outside/Surface/Open
  • Floor Space (approx): 3887 Square Feet
  • Heating: Baseboard, Natural Gas, Radiant
  • Interior Features: Separate Hydro Meters
  • Laundry Features: Coin Operated
  • Lot Features: Irregular Lot, Highway Access, Quiet Area
  • Lot Frontage: 60.00 Feet
  • Roof: Asphalt Shing
  • Security Features: Smoke Detector
  • Water Source: Municipal
  • Zoning: R2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 6

Courtesy of: RED AND WHITE REALTY INC.

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Potential Investment Performance

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Location of 164 Donald Street, Kitchener, ON, N2B 3G8

Demographic Information of 164 Donald Street, Kitchener, ON, N2B 3G8

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$116,650.80

Average Number of Children

1.73

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.23 %

High school certificate or equivalent

28.85 %

Apprenticeship trade certificate/diploma

8.52 %

College/non-university certificate

25.42 %

University certificate (below bachelor)

0.8 %

University Degree

21.19 %

Commuter

Travel To Work

By Car

89.31 %

By Public Transit

1.28 %

By Walking

2.38 %

By Bicycle

0.0 %

By Other Methods

7.03 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

19.14 %

Houses

80.86 %

Own Vs. Rent