$12,995,000
Available - For Sale
Listing ID: X12743170
46 College Street , Kitchener, N2H 5A1, Waterloo
| Offered together as one opportunity: 46-56 College Street and 58 & 64 Weber Street West in downtown Kitchener. Four updated low-rise walk-ups totalling 74 residential suites in a high-demand urban core location. 46-56 College Street (46 suites) offers renovated interiors with modern kitchens, stainless steel appliances, gas fireplaces, and individual thermostats, plus 17 surface parking stalls. 58 & 64 Weber Street West (28 suites) present turnkey interiors with modern kitchens and flooring, heating via in-suite gas fireplaces/baseboards, separate hydro, and 16 surface parking stalls. Prime, walkable location steps to ION LRT, GO Transit, Victoria Park, City Hall, Grand River Hospital, Uptown Waterloo, Market Square, restaurants, and the innovation district. Strong rental demand supported by professional operations with clear rental upside as suites turn over, offering a stable cash-flowing asset with long-term growth potential. Properties are marketed and conveyed together as one transaction on separate PINs with common debt structure, presenting investors with scale, efficiency, and a strong value-add repositioning play. Detailed financials, rent rolls, P&L statements, and property information available to qualified buyers upon execution of a confidentiality agreement. |
| Price | $12,995,000 |
| Taxes: | $102504.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 46 College Street , Kitchener, N2H 5A1, Waterloo |
| Postal Code: | N2H 5A1 |
| Province/State: | Waterloo |
| Directions/Cross Streets: | Weber St W |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Use: | Apts - Over 20 Units |
| Building Percentage: | T |
| Total Area: | 76000.00 |
| Total Area Code: | Square Feet |
| Washrooms: | 0 |
| Heat Type: | Other |
| Central Air Conditioning: | No |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| REAL BROKER ONTARIO LTD. |
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Nikki Shahebrahim
Broker
Dir:
647-830-7200
Bus:
905-597-0800
Fax:
905-597-0868
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Waterloo |
| Municipality: | Kitchener |
| Neighbourhood: | Dufferin Grove |
| Tax: | $102,504 |
| Fireplace: | N |
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