141 Kipling Avenue Kitchener, Ontario N2C 2B8
$3,275,000
Rockway low-rise with stable in-place income and clear mark-to-market upside. 16 suites (10×2BR, 5×1BR, 1×3BR) in a 1980 walk-up, separately metered hydro, gas-furnace common systems, and roof replaced Oct 2023. Several suites have been updated with modern finishes; others remain in clean, rent-ready condition—ideal for an investor to capture organic rent growth on turnover without a heavy CapEx program. On-site laundry (2), 16 storage lockers, and 17 surface parking stalls. Family-friendly pocket near parks, schools, Fairway shopping, and transit including Courtland buses & Block Line LRT. R-6 zoning. Strong tenant appeal today with additional upside through suite refreshes as leases roll. (id:63008)
Property Details
| MLS® Number | 40758535 |
| Property Type | Multi-family |
| AmenitiesNearBy | Public Transit, Schools |
| CommunityFeatures | Community Centre |
| Features | Laundry- Coin Operated |
| ParkingSpaceTotal | 18 |
Building
| BasementDevelopment | Partially Finished |
| BasementType | Full (partially Finished) |
| CoolingType | None |
| ExteriorFinish | Brick |
| HeatingFuel | Natural Gas |
| StoriesTotal | 3 |
| SizeInterior | 18150 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Public Transit, Schools |
| Sewer | Municipal Sewage System |
| SizeFrontage | 170 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | R2 |
https://www.realtor.ca/real-estate/28706568/141-kipling-avenue-kitchener
Ilan Friedner
Salesperson
130 King Street W. Suite 1900d
Toronto, Ontario M5X 1E3
Jeff Margolis
Salesperson
130 King Street W. Suite 1900d
Toronto, Ontario M5X 1E3
Elton Ilir Demirxhiu
Salesperson
130 King Street W. Suite 1900d
Toronto, Ontario M5X 1E3
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August 21 2025 04:00:46
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