115 Kraft Avenue, Kitchener, ON
Description
Property Highlights
Welcome to this remarkable ["2 1/2 Storey"] multiplex located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium concrete block construction, this residence presents an exceptional opportunity offered at $3,350,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 28 Bedrooms and 15 Bathrooms with 15 functional kitchens
- Generous living space spanning 5000 + sqft on a premium 102 x 230 ft lot
- Features a ["finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
- 18.0 total parking spaces available
- Notable attributes: Built-In Oven, Intercom
- equipped with ["none"] central cooling and highly efficient water heating via gas
Excellent opportunity for multi-family investors to acquire a 15-suite apartment building with strong value-add potential. The property includes 1 bachelor suite, 1 one-bedroom suite, and 13 predominantly two-bedroom suites, with approximately half recently renovated, appealing to a broad tenant base and supporting strong cash flow. Ideally located directly off Highway 8 and just minutes from the 401, with access from two streets and ample parking, the building offers exceptional convenience and exposure near local amenities. With rents currently below market, there is significant upside through strategic renovations and tenant turnover, making this a rare opportunity to secure a stable, income-producing asset with long-term growth potential.**INTERBOARD LISTING: CORNERSTONE ASSOCIATION OF REALTORS**
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Interior Features
Built-In Oven, Intercom
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Pricing & Value Insights
Data-driven valuation for 115 Kraft Avenue, Kitchener, ON N2A 2J2
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Properties in this area are selling at a steady pace.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.