Unknown for 28-30 Ontario St, Kitchener Ontario N2G 1X2
4 days on Market

28-30 Ontario St, Kitchener, Ontario N2G 1X2

Townhouse
-
-
~6000 sqft
$3,850,000
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Townhouse
-
-
~6000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$641/sqft

Est. Mortgage$16,534/mo

Tax Amount (2023)$17,430/yr

Days On Market4 days


Description

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. 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 building has large garage space at the back for potential value add opportunities.


Property Details

StyleResidential Income
View-
Age of property-
SqFt~6000 SqFt
Lot Size-
Parking Spaces1
MLS ®Number40691111
Community NameCity Commercial Core
Data SourceITSO
Listing byRoyal LePage Wolle Realty

Features

Heating: Heat Pump
Cooling: Ductless, Energy Efficient
Basement: Partial, Partially Finished

Features

Sewer (Municipal)

Parking

Garage spaces 1

Garage type -

Other parking spaces 0

Total parking spaces 1


Property listed by Royal LePage Wolle Realty, Brokerage

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Population and Demographics

Overview

Total population 3740
Average household income $102,858

Age (%)

20 to 34
32%
35 to 49
20%
65 and plus
18%
50 to 64
17%
0 to 19
13%

Household composition (%)

Single person
52%
Single family
41%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
83%
Others
3%
Arabic
3%
German
2%
Spanish
2%
Portuguese
1%
Mandarin
1%
French
1%

House tenancy (%)

Renters
72%
Owners
28%

Schools and amenities

Estimated Budget