240 WILSON Avenue
Kitchener, Ontario
MLS® 40861882
$924,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 40861882
- Bedrooms
- 6
- Bathrooms
- 4
- Year built
- 1960
1 / 27Listing description
Attention investors and turn-key landlords! Prime Investment Opportunity in High-Demand Kitchener Location! 240 Wilson Avenue presents a turnkey 4-unit residential building in a central Kitchener neighborhood.
Well-maintained legal multi-residential fourplex offering strong income potential, excellent unit mix, and minimal vacancy risk in a highly accessible Kitchener neighborhood. Versatile Unit Breakdown: Consists of four spacious, functional units — 2 x 2-Bedroom units (one unit currently vacant getting fresh coat of paint), 1 x 1-Bedroom unit (tenant occupied) , and 1 x Bachelor unit (tenant occupied). Ideal for attracting long-term, high-quality tenants.
Ample Parking: Generous paved surface lot featuring 5 dedicated off-street parking spots — a major draw and value-add for local renters. Nestled in an established area with immediate access to public transit, major highways (Conestoga Parkway / Highway 8), shopping at Fairview Park Mall, schools, place of worship , local parks. , restaurants and entertainment are just a short walk from your front door.
Separate utility metering options and consistent maintenance history make this property an exceptional add to any real estate portfolio. Whether you're looking to buy-and-hold, optimize current rents to market rates, or house-hack by occupying one unit while collecting cash flow from the rest, 240 Wilson Ave offers endless possibilities. Don't miss out on this turnkey addition to your portfolio—book your private showing today!
Property summary
- MLS® number
- 40861882
- Property type
- Multi-family
- Building type
- Fourplex
- Size
- 2,994 sq ft
- Title
- Freehold
- Built in
- 1960
- Annual property taxes
- $6,298.87
- Parking
- 5 spaces · Open, Visitor Parking
- Days on market
- 0 days
Features & details
- Heating
- Baseboard heaters
- Cooling
- None
- Basement
- Finished, Full
- Exterior features
- Concrete, Brick
- Lot features
- Conservation/green belt, Laundry- Coin operated
- Community features
- Community Centre
What would this home cost you?
Based on the $924,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Re/Max Twin City Realty Inc., Waterloo.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.