43 SIXTH Avenue, Kitchener, Ontario, N2C1P9

Property Description

The property consists of a purpose built 6 unit apartment building on a large 0.231 acre lot. Unit breakdown is four (4) 1 bed - 1 bath units and two (2) 2 bed – 1 bath units. Hydro is separately metered (at tenant's expense) with a single water and sewer. The building has been responsibly maintained with a number of recent capital expenditures including full renovation of unit 5 (2021), new boiler (2022), roof, furnace and pavement in parking lot (2018) and full reno of unit 4 (2025). The property is located in a very attractive area in terms of investment with a majority of single family detached homes in addition to smaller duplexes and triplexes. The area will appeal to Tenants with easy access to public transportation, schools and various other amenities including a regional shopping mall, the expressway (to 401), a variety of grocery stores, restaurants, drug stores, medical and dental as well as other shopping opportunities.

Quick Facts

• Property Type: Multi-family
• Bedrooms: 8
• Bathrooms: 6
• Living Area: 5,400 sq ft (501.7 m²)
• Above Grade: 5,400 sq ft (501.7 m²)
• Year Built: 1956
• Ownership: Freehold
• Parking: 8.0 spaces (Open)
• Frontage: 65 ft (19.8 m)
• Basement: Finished, Full

Costs

• Annual Taxes: $7,339.52