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in Waterloo: House for sale (Kitchener) : MLS®# X12121167
Rare offering in the heart of Kitchener! 824 King Street West is a 35-unit, four-story residential building currently undergoing a complete transformation. Featuring 27 one-bedroom and 8 two-bedroom units, this prime asset offers investors the chance to step in mid-renovation and customize the final finishes. All units are being upgraded with brand new windows, modern kitchens and bathrooms, new appliances, stylish fixtures, in-suite laundry, individual heat pumps, and contemporary flooring throughout. This 26,000 sq ft building sits on just under an acre of high-demand land, offering 72 outdoor parking spacesa true competitive advantage downtown. Building upgrades include new electrical systems (36 individual panels + 8 mains), new main drains and unit main plumbing lines have been run to each unit, vents, new rooftop make-up air units for energy efficiency, and a state-of-the-art fire alarm system. Major infrastructure work has already been invested. Situated between Uptown Waterloo and Downtown Kitchener, this unbeatable location places residents steps from Grand River Hospital, the ION Light Rail, Kitchener GO Station, and top employers like Google, Communitech, Oracle NetSuite, and the University of Waterloo Health Sciences Campus. Residents will also love the Iron Horse Trail connection to Victoria Park and Waterloo Park. With land scarcity and luxury high-rises reshaping the downtown core, 824 King Street West is positioned for tremendous appreciation. This is your chance to own a major asset in one of Canada's fastest-growing innovation corridors. Take advantage of this high-demand, high-growth opportunity!More details
An exceptional multi/residential property located in the north end of London, Ontario. This offers investors a chance to compliment an existing_ portfolio or achieve geographic diversification with this turn-key asset. This site has been professionally upgraded with 30 suites in this four storey apartment building with an elevator. 660 Cheapside St. presents a unique value-added opportunity with renovated high end finishes, all with large balconies. A party room/lounge, a gym and both front door and underground parking. Luxury finishes include fireplaces, ceramic tile, laminate floors, all new lighting and carpeted bedrooms. All the units have stainless steel appliances (stove, fridge, dishwasher, washer and dryer). Building is comprised of 15 - 1 bedroom apartments, 7 - 2 bedroom, 6 - 2 bedroom loft apartments and 2 - 3 bedroom apartments. Controlled entry both front door entrance and underground parking. Excellent location in a mature residential area within walking distance to shopping and all your essential needs. Close to playground, schools, churches, and tennis courts. Pride of ownership throughout this investment. Gross income over $659,000.00More details
Unlock the potential of this legal 6-plex, offering the potential opportunity to build an addition over 6,500 sqft and convert to mix use or full commercial property . Perfectly situated steps from U of T, OCAD, Queen's Park, major hospitals, and the TTC, this property provides unmatched access to the U of T main campus, Yorkville, the Bloor/Yonge subway line, and the hospital district. High rental demand and easy management make this an unmissable investment in a vibrant, thriving area. Act now and seize this rare opportunity!More details
Boutique living redefined in the heart of the Beaches. This iconic address boasts 6 multi-story lofts and 4 exquisite suites (10 large suites in total), following a significant two-year building restoration program (2021-23). With millions invested, 65% of the property's square footage has been meticulously upgraded to luxury standards. All remodeled suites immediately captured significantly higher rents, proving that investment case to continue with luxury renovation plans as tenants churn. Tenants desire large multi-level lofts, complete privacy, luxury renos, with surface parking and no elevators! Nestled on a spacious 75x125 ft lot, the building showcases 11,000 sq ft of living space, complemented by 10 surface parking spots, 10 personal storage lockers, and various alfresco areas. With a blend of contemporary luxury, timeless exposed brick and beam, elegant hardwood floors, and abundant natural light, steps to Kew Gardens, the boardwalk, Financial District and More. Suites 1,3,4,8 were completely remodeled to luxury status (2021/23). Suite 6 is vacant presenting a unique rear Suite with private entrance that is expected to boost ROI post a luxury renovation that is almost complete. Suite 10 is also now vacant!More details
The property comprise 4 furnished rental apartment suites and one laneway house also furnished. In total there are 4 two bedrooms and 1 four bedroom units. All units are self contained and built and furnished to high end luxury standards. In total there is over 5,000 sf of rentable space. There is very little common area. The entire project is low maintenance with in ground snow melting and solar panels. All suites have full kitchens and in total there are 10 bathrooms. This is a turnkey investment property with a property management agreement in place paying $25,000 per month. This is a headache free investment with a brand new building and no cap ex for another 20 years. The lease can be terminated and this could make a wonder full family compound. This housing is the future for the city.More details
Presenting The Rare Opportunity To Own A Piece Of History - Dickson Manor. Originally The Personal Residence Of One Of The Founders Of Cambridge, Now A Fully Tenanted Multiplex Consisting Of Thirteen Self-Contained Units At Premium Market Rent. Fully Renovated From The Ground Up In 2020, All Thirteen Units Are Fully Updated, Separately Metered & Maintenance Free. Impeccably Clean Mechanical Room With Not One Single Wire On The Exterior Of The Property. Close To All The Amenities Of Cambridge Such As The Galt Train Station, Cambridge Memorial Hospital, City Hall, Conestoga College As Well As Just A 25 Minute Drive To Guelph & Kitchener Go Stations.More details
At full price this building has a 7.15% return on investment. Assumable first mortgage with first national approx $3,125,150.00 at 2.88% maturing Sept 1 2029 with P.I monthly payments $14,768.00. Possibly the best renovated & maintained 23 unit in London. Triple 'A' location. Renovations completed with high end finishes/quality work, pride of ownership thru-out. Mix is 9-1 bed & 14-2 bed. Always rented with great tenants, 21 units completed as per interior photos great opportunity to own this worry free investment. Do not disturb tenants or gain access all inquires, showing and offers thru listing agent only.More details
Unique Offering, Two-semi detached homes offered together for sale, converted into a 3.5 story 7- plex in the Annex. 1- 3 bedroom unit with 3 washrooms, and 6-2 bedroom units with 2 washrooms, all with ensuite laundry. Hyrdo electricity and gas is all separately metered. Tall ceilings. Combined, the two semis make one of the largest built structures in the Annex. The rear of the property is at the end of the laneway and has 7 car parking. Property is fully rented and is being offered for ~4% cap rate. Benefit from stable rental income or convert into a giant single family home. Heritage property status offers the benefit of lower property tax and financial assistance from the city to maintain the exterior of the building.More details
This property is an excellent investment opportunity! With 20 residential units and one commercial tenant secured until 2026, you've got a great mix of income stability and potential for value appreciation. A 5.35% cap rate offering a great net income and good returns - see attached Property Proforma for the details. Property is self managed (proforma shown with a property management company) for the most part and has a supervisor for maintenance and cleaning.. Mostly month-to-month tenants with three vacant 1-bedroom units which could be leased at market rates currently between $1700-$2300 per month. Also allows for possible renovations to attract a higher rent. The commercial tenant ensures reliable income until December 2026. Popular high demand area due to its walkability, transit access, and vibrant community This area is part of the Greenwood-Coxwell and Leslieville neighbourhoods, known for their vibrant and trendy atmosphere. The area boasts a Walk Score of 93, meaning daily errands can be done on foot. It also has excellent transit options with a Transit Score of 73, making commuting convenient. With a Bike Score of 79, biking is a great way to get around. The neighbourhood is packed with boutique shops, gourmet restaurants, and lively cafes, making it a hotspot for food lovers and shoppers. Residents enjoy easy access to parks and beaches, offering great outdoor spaces for relaxation and recreation. The area has a mix of historic charm and modern conveniences, making it a desirable place to live. Close to many schools in the area providing a mix of academic, technical, and arts-focused programs.More details
Tremendous Long term Investment Strategy In vibrant Danforth and Woodbine Area. 10 Premium Residential Rental units with 1 commercial Tenant. No expense or detail spared. Would make a great addition to any Toronto Portfolio. All units are completely self contained. In-demand location. Steps to Danforth Shopping, Woodbine and Transit. **EXTRAS** Separate gas and hydro meters.More details
Take advantage of CMHC multifamily financing offering an assumable 50 year mortgage. This brand new legal 8 unit project features eight separately self-contained units, all with private entrances, separate utilities, and in-unit laundry. Top-floor units consist of 2 bedrooms plus den, 2 bathrooms (1 ensuite) and walk-out balconies. Main-floor units offer 2 bedrooms, 2 bathrooms (1 ensuite) with large storage room and rear balcony. Lower floors consist of two 1-bedroom, 1 bathroom units. Rear lower units include private terraces. All units feature custom kitchens, stainless steel appliances, high-efficiency HVAC systems and open-concept designs. Located a short distance from downtown Toronto, the property provides quick access to the Highway 400 series, restaurants, shopping and short walk to the Weston GO Station. Estimated financials available upon request. Anticipated August 2025 completion. Builder Warranty Included.More details
Exceptional 10-unit investment property in South Etobicoke. Completely renovated in 2018, featuring new wiring, plumbing, and modern kitchens with quartz counters and stainless steel appliances. Each unit includes in-suite laundry and A/C. The basement's height is 7.6 feet, and a security system with 6 cameras provides peace of mind. A 2020 roof and 6 parking spaces complete this impressive offering. The total square footage, as per floor plans, measures an impressive 6,648 square feet. The property's location adds to its appeal, with its proximity to the waterfront, walking/cycling trails, schools, Humber College's Lakeshore Campus, and public transit (including GO Train access). The existing mortgage is available for takeover at a rate of 3.30% with a maturity date at the end of 2028.More details
Data was last updated July 11, 2025 at 02:15 AM (UTC)
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