46 College Street Save Request In-Person Tour Request Virtual Tour
Kitchener,ON N2H 5A1
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 76,000 sqft
Price per Sqft $111
MLS Listing ID 40758559
Abv Grd Liv Area 76,000
Annual Tax Amount $95,800
Property Sub-Type Multi Family
Source Cornerstone
Property Description
The Royal and Wales Apartments – three well-maintained low-rise walk-ups totaling 46 residential units in downtown Kitchener. Renovated in 2015, suites feature modern kitchens, stainless steel appliances, gas fireplaces, and individual thermostats. Excellent tenant mix of 12 bachelors, 23 one-bedrooms, and 11 two-bedrooms. Steps to Victoria Park, Grand River Hospital, Uptown Waterloo, Belmont Village, and the ION LRT. Strong current income with clear rental upside as leases turn over. A turnkey, stabilized investment in a high-demand core location.
Location
Province ON
County Waterloo
Area 2 - Kitchener East
Zoning C5
Direction Weber St W & College St
Rooms
Basement Full,Finished
Kitchen 0
Interior
Interior Features Built-In Appliances,Separate Heating Controls,Separate Hydro Meters
Heating Baseboard,Natural Gas
Cooling None
Fireplace No
Appliance Water Softener
Laundry Coin Operated,Common Area
Exterior
Roof Type Flat
Lot Frontage 129.85
Garage No
Building
Lot Description City Lot,Park,Public Transit,Schools,Shopping Nearby
Faces Weber St W & College St
Story 3
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick
New Construction No
Others
Senior Community No
Tax ID 223170070
Ownership Freehold/None
Virtual Tour https://youtu.be/ld8hSzK55cg