| Message Number | 403862 | ||||||||
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| status | Active | ||||||||
| Subject Line | Have Kitchener Ontario 2 Apartment Buildings MLS 40197334 | ||||||||
| Business area |
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| Location, City | Kitchener | ||||||||
| Have/Want | Have | ||||||||
| Business category | Apartment buildings/multi unit/condo townhouse projects/investments | ||||||||
| Date of Listing | January 7 2022 | ||||||||
| Type Description | Two buildings on one site (58 units) | ||||||||
| Location | 475 & 477 Lancaster St. W. | ||||||||
| Price Comment | Unpriced | ||||||||
| Site area | 2.1 acres | ||||||||
| Zoning | Residential 6 (R6) | ||||||||
| Net Income | $592,347 | ||||||||
| Comments | Two 4 storey Multi-Residential Apartment buildings for Sale. A total of 58 - 2 bedroom units. All units have been
renovated and are separately metered. Recent updates include replacing the roof of 477 Lancaster in 2018, painting all hallways and suite doors, adding a fitness room and security cameras, installing new building entrance doors, replacing / repairing the parking lot drainage and upgrading exterior lights to LED. Located north of Conestoga Parkway (Highway 85) and west of Lancaster Street W. Central location. Close to many amenities including Downtown Kitchener and Uptown Waterloo, parks, schools and walking trails. NOTE: An application has been submitted to the City of Kitchener to add 3 units (2-2 bedroom units in the existing 8 car garage and 1-1 bedroom unit in common area), plus an increase of parking capacity by 17 spaces (total of 88 parking spaces will be provided). |
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| Internet Links | |||||||||
| Member Identifier | 2820 | ||||||||
| Time Factors, Drop Dead Dates | Best bid/offer date of February 28th, 2022 | ||||||||
| Control | MLS | ||||||||
| Name | Scott Anderson | ||||||||
| Title | Senior Vice President / Broker | ||||||||
| Company Name | Cushman & Wakefield Waterloo Region | ||||||||
| Address Line One | 4295 King Street East, Suite 401 | ||||||||
| City | Cambridge | ||||||||
| State/Province | Ontario | ||||||||
| Zip/Postal Code | N2P 0C6 | ||||||||
| Country | Canada | ||||||||
| Business Phone Number | (519)585-2200 | ||||||||
| Cell Number | (519)240-3008 | ||||||||
| Home Number | (519)240-3008 | ||||||||
| FAX Number | (519) 650-5250 | ||||||||
| Email Address | Send Email | ||||||||
| Home Page | Home Page |
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