Address
586 VICTORIA Street S, Kitchener, ON
Price
$ 4,600,000
Property Attributes
  • ID#40535672
  • TypeMulti-Family
  • CountyKITCHENERWATERLOO
  • CityKitchener
  • NeighborhoodVictoria Hills
  • ZipN2M 3B1
  • Style
  • Price$ 4,600,000
  • Bedrooms16
  • Bathrooms12
  • Half Bathrooms0
  • Sqr Footage6500
Data Source:
RLP - CREA EN
Property Description

Welcome to 586 Victoria Street South. This 11 unit Residential Apartment Building has been renovated from top to bottom. It has 11 outdoor parking spots. It consists of 1 Bachelor unit, 6-1 Bedroom apartments, 3-2 Bedroom apartments, and 1-3 Bedroom unit. All new flooring in hallways. 10 out of 11 units have been completely renovated with new kitchens, bathrooms and all new appliances. The 11th 3 bedroom unit is oversized and can be easily split into 2 separate units. This unit has been extensively renovated. New kitchen, granite countertops (2020). New appliances (2020): Stainless steel fridge, stove, dishwasher, OTC, microwave. Gas furnace (2020) located in mechanical/ laundry room. Separate AC unit (2020) for this unit located on the roof. Plus separate in-suite laundry room has its own washer & dryer (2020). Hydro panel w/breakers in unit (2020). Separate hydro meters for all units paid by the tenant. Each unit has baseboard heaters and separate wall units(heat pumps). Tremendous opportunity for the investor looking for the perfect turn-key building. (id:27)

General Features

Zoning R-6/R2B
Terms SALE
Parking yes
Appliances Microwave Built-in
Amenities Nearby Airport,Hospital,Public Transit,Schools,Shopping
Community Features School Bus
Features Laundry- Coin operated
Property Type Multi-family
Sewer Municipal sewage system
Location Description Between Lawrence Ave & Westmount Rd.
Parking Spaces 11
Property Title Freehold

Interior Features

Total Baths 12
Bedrooms 16
Basement Finished
Basement Type Full
Cooling Type Wall unit
Foundation Type Poured Concrete
Heating Fuel Electric
Heating Type Baseboard heaters
Beds 16
Total Baths 12

Exterior Features

Exterior Finish Brick
Lot Frontage 111.0
Fence Type Partially fenced

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in N2M 3B1

Price
AVG $4.6M
$4.6M
Visits
AVG 453
453
Data Provided by Inside Real Estate®
Year Built
AVG 1959
1959