ON > Kitchener
Kitchener, ON N2H 5A1,46 College Street
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Kitchener, ON N2H 5A1,46 College Street
Kitchener, ON N2H 5A1,46 College Street
Kitchener, ON N2H 5A1,46 College Street
Kitchener, ON N2H 5A1,46 College Street
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Ivan Gascho

Ivan Gascho

+1(519) 573-7440
Listed by Ilan Friedner • Real Broker Ontario Ltd.
$ 8,500,000
Est. payment /mo
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Active Under Contract

46 College Street Kitchener, ON N2H 5A1

76,000 SqFt

UPDATED:

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

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agent

Ivan Gascho

Broker | License ID: 5015171

+1(519) 573-7440

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46 College Street