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Renanza Realty
For sale

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

Listing 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.

Estimated monthly payment$8,142 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

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.