169 FIFTH Avenue
Kitchener, Ontario
MLS® 40856151
$1,749,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 40856151
- Bedrooms
- 10
- Bathrooms
- 8
- Year built
- —
1 / 31Listing description
Here is your chance to own a modern, purpose-built fourplex which was constructed only in 2024. This exceptionally built property features two 3-bedroom upper-level units and two 2-bedroom lower-level units, all offering quality finishes and enhanced soundproofing insulation with resilient channel and SonoPan for improved privacy and comfort between units. The property features upgraded kitchen cabinets, countertops and appliances, commercial-grade laminate flooring, commercial steel siding and insulated vertical siding.
The rear unit benefits from a covered porch with skylight, while a drainage system around the property provides additional protection and functionality. Each unit is separately metered for utilities, making this an efficient and attractive investment. Excellent tenants are currently in place, providing stable income and peace of mind for the new owner.
Residents enjoy a shared common backyard area at the rear. Located in an established family-friendly neighbourhood which is close to amenities, transit, parks, schools and highway access. This is a rare opportunity to acquire a newer, custom built fourplex offering an excellent unit mix, premium construction, upgraded soundproofing, separately metered utilities and strong existing tenancy with an approximate 5.
5% cap.
Property summary
- MLS® number
- 40856151
- Property type
- Multi-family
- Building type
- Fourplex
- Square footage
- 4,660 sq ft
- Title
- Freehold
- Annual property taxes
- $10,166.00
- Parking
- 2 spaces
- Days on market
- 28 days
Features & details
- Heating
- Natural gas
- Cooling
- Central air conditioning
- Basement
- Finished, Full
- Exterior features
- Brick, Aluminum siding
What would this home cost you?
Based on the $1,749,900 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 CITIMAX REALTY LTD., 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.