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 (102BR, 51BR, 13BR) 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 conditionideal 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:61852)
Property Details
| MLS® Number | X12334225 |
| Property Type | Multi-family |
| Neigbourhood | Vanier |
Building
| HeatingFuel | Natural Gas |
| HeatingType | Other |
| SizeInterior | 18150 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeFrontage | 170 Ft |
| SizeIrregular | 170 Ft |
| SizeTotalText | 170 Ft |
| ZoningDescription | R2 |
https://www.realtor.ca/real-estate/28711350/141-kipling-avenue-kitchener
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Jeff Margolis
Salesperson
130 King St West #1900d
Toronto, Ontario M5X 1E3
Ilan Friedner
Salesperson
130 King St West #1900d
Toronto, Ontario M5X 1E3
Elton Demirxhiu
Salesperson
130 King St West #1900d
Toronto, Ontario M5X 1E3
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August 08 2025 10:00:16
Toronto Real Estate Board
Real Broker Ontario Ltd.