114 CHURCH Street
Kitchener, Ontario
MLS® 40860922
$1,099,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 40860922
- Bedrooms
- 6
- Bathrooms
- 5
- Year built
- —
1 / 50Listing description
An exceptional investment opportunity in the heart of Kitchener! This beautiful legal century triplex combines timeless character with extensive modern upgrades, offering investors a truly turnkey addition to their portfolio. Ideally located just a short walk from Downtown Kitchener and the Kitchener Market LRT stop, the property provides tenants with convenient access to transit, restaurants, shopping, entertainment and everything the downtown core has to offer.
Currently generating an impressive 4. 6% cap rate, all three units are occupied by great young professional tenants paying market rents plus utilities, providing strong and reliable income from day one. The property has undergone substantial upgrades, including updated plumbing and electrical, forced-air furnaces, water heaters, roof, windows, aluminum fascia, soffits and eaves.
The interiors have also been thoughtfully updated with new kitchens, bathrooms, flooring, stainless steel appliances and much more, creating attractive, comfortable living spaces that appeal to today’s tenants. With its combination of legal triplex status, market rents, extensive capital improvements and a highly walkable location, this is a rare opportunity to acquire a well-maintained, income-producing property with the character of a century home and the major updates already taken care of. A fantastic investment in one of Kitchener’s most convenient and connected locations!
Property summary
- MLS® number
- 40860922
- Property type
- Multi-family
- Building type
- Triplex
- Square footage
- 2,651 sq ft
- Title
- Freehold
- Annual property taxes
- $7,100.00
- Parking
- 4 spaces · Open
- Days on market
- 11 days
Features & details
- Heating
- Forced air, Electric, Natural gas
- Cooling
- None
- Basement
- Unfinished, Full
- Exterior features
- Brick, Vinyl siding
- Lot features
- Crushed stone driveway
What would this home cost you?
Based on the $1,099,000 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 RE/MAX Twin City Realty Inc., Kitchener.
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.