61 WOOD STREET
Kitchener, Ontario
MLS® X14163866
$1,049,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X14163866
- Bedrooms
- 8
- Bathrooms
- 7
- Year built
- —
1 / 19Listing description
An outstanding opportunity for discerning investors seeking stable income, long-term appreciation, and future potential. Ideally situated in a high-demand central location, this well-maintained fiveplex is within walking distance to the hospital, public transit, shopping, restaurants, and everyday conveniences, an unbeatable combination that continues to attract quality tenants and support strong occupancy. With long-term tenants already in place, this turnkey investment offers dependable cash flow from day one.
Each unit and all common areas feature separate hydro meters, helping streamline operating costs and property management. Additional highlights include valuable amenity for both tenants and future owners. Major capital improvements have already been completed, including the flat roof (2016), windows (2015), two new screen doors (2018), and one updated unit (2018).
Whether you're expanding your investment portfolio or securing a high-performing multi-family asset in a sought-after location, this is a rare opportunity to own a property that delivers reliable cash flow today while offering exciting possibilities for tomorrow. Located close to healthcare services, grocery stores, reputable schools, restaurants, scenic parks, public transit, and major commuter routes, this is a rare opportunity to acquire a high-performing multi-residential asset in a location that continues to drive tenant demand and long-term value.
Property summary
- MLS® number
- X14163866
- Property type
- Multi-family
- Building type
- Other
- Land size
- 38.3 x 139 FT
- Annual property taxes
- $8,669.05
- Parking
- 6 spaces · Detached Garage, Garage
- Days on market
- 1 day
Features & details
- Heating
- Radiant heat, Natural gas
- Cooling
- None
- Basement
- Separate entrance, N/A
- Appliances
- Window Coverings
- Exterior features
- Brick
What would this home cost you?
Based on the $1,049,000 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 SAM MCDADI REAL ESTATE INC., MISSISSAUGA.
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.