Active

28-30 Street S

Kitchener Ontario, N2G1X2

C$3,850,000


C$641.67 per sqft

Active

6,000 sqft

Residential

 Courtesy of Royal LePage Wolle Realty 

An exceptional opportunity to purchase a recently renovated building - the Condor Suites - in the heart of Downtown Kitchener with nine furnished residential suite apartments with ground floor commercial space currently vacant and available for lease or for the purchasers own use. This unique opportunity would allow the purchaser to select their own tenants or choose to operate the property as a short term to mid term rental property in order to achieve higher returns. There are 8 bachelor suites, and one 1 bedroom. One of the units has a large balcony overlooking Downtown Kitchener. All units have been completely and skillfully renovated from top to bottom - including kitchens, bathrooms, flooring, electrical, windows, heat pumps, and includes furnishings such as kitchenware, bedding, and TVs. Laundry onsite for all residential suites. Access to the building and units is handled wirelessly and has security cameras throughout the common areas. This property is unlike any other in downtown Kitchener and well positioned to be a top performer in your portfolio with additional value add opportunities. The property is featured as part of the DTK Artwalk, with a beautiful large mural created by Chilean artist Alapinta, as a tribute to the Mapuche and Six Nation's Peoples, the original caretakers of the land. The building has large garage space at the back for potential value add opportunities. (id:41202)

40663085

MLS ID

November 22, 2024

Updated

Map

28-30 Street S
Kitchener Ontario, N2G1X2

Interior Features

Total Stories

3


Appliances

Microwave, Microwave Built-in, Window Coverings


Fireplace

No


Cooling

Yes


Cooling Description

Ductless


Heating

Yes


Heating Description

Heat Pump

Exterior/Building Features

Sewer

Municipal sewage system

Other Property Details

Association Amenities

Park, Public Transit, Shopping


Garage

Yes


Parking Total

1


View

No


Pool

No

Courtesy of Royal LePage Wolle Realty

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