Matthew Tenk
Broker of Record
267 Traynor Avenue Kitchener, Ontario N2C 1W7
$4,595,000
Well maintained purpose built 18-unit apartment building on a 0.575 acre lot with significant opportunity to increase revenue. Unit break-down is 17 Two Bed / One Bath units and 1 newly constructed (completion September 2024) One bed / One bath unit. 8 of the 18 units are newly renovated including flooring, kitchens, appliances and bathrooms leaving an opportunity for the new owner to reposition the 10 remaining units. Revenue may further be increased by the introduction of parking surcharges on turn-over. The building is located in a very attractive area in terms of investment that will appeal to Tenants with easy access to public transportation, including the Region’s Light Rail Transit (LRT) system, schools, regional shopping mall, the expressway (to 401), and a variety of grocery & drug stores, restaurants, medical and dental offices as well as other shopping opportunities. (id:39551)
Property Details
| MLS® Number | 40635033 |
| Property Type | Multi-family |
| Amenities Near By | Public Transit |
| Community Features | High Traffic Area, School Bus |
| Equipment Type | Water Heater |
| Parking Space Total | 22 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 18 |
| Bedrooms Total | 34 |
| Basement Type | None |
| Constructed Date | 1972 |
| Cooling Type | None |
| Exterior Finish | Brick Veneer |
| Fireplace Present | No |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat |
| Stories Total | 3 |
| Size Interior | 17000 Sqft |
| Utility Water | Municipal Water |
Land
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Public Transit |
| Sewer | Municipal Sewage System |
| Size Frontage | 128 Ft |
| Size Irregular | 0.575 |
| Size Total | 0.575 Ac|1/2 - 1.99 Acres |
| Size Total Text | 0.575 Ac|1/2 - 1.99 Acres |
| Zoning Description | R7 |
https://www.realtor.ca/real-estate/27311390/267-traynor-avenue-kitchener
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Kitchener-Waterloo Association of REALTORS®
RE/MAX Real Estate Centre Inc.
December 17 2024 03:40:40
