Kitchener, ON N2G1X2 28-30 ONTARIO Street S
$3,850,000
10 more
Presented By: Royal LePage Wolle Realty
Home Details
An exceptional opportunity to purchase a recently renovated building - the Condor Suites - in the heart of Downtown Kitchener with nine furnished residential suite apartments with ground floor commercial space currently vacant. This unique opportunity would allow the purchaser to select their own tenants or choose to operate the property as a short term to mid term rental property in order to achieve higher returns. There are 8 bachelor suites, and one 1 bedroom. One of the units has a large balcony overlooking Downtown Kitchener. All units have been completely and skillfully renovated from top to bottom - including kitchens, bathrooms, flooring, electrical, windows, heat pumps, and includes furnishings such as kitchenware, bedding, and TVs. Laundry onsite for all residential suites. Access to the building and units is handled wirelessly and has security cameras throughout the common areas. This property is unlike any other in downtown Kitchener and well positioned to be a top performer in your portfolio with additional value add opportunities. The property is featured as part of the DTK Artwalk, with a beautiful large mural created by Chilean artist Alapinta, as a tribute to the Mapuche and Six Nation’s Peoples, the original caretakers of the land. The building has large garage space at the back for potential value add opportunities. (id:7434)
Presented By: Royal LePage Wolle Realty
Interior Features for 28-30 ONTARIO Street S
Other Interior Features
Basement TypePartial
Building Fireplace PresentFalse
General for 28-30 ONTARIO Street S
AmenitiesPublic Transit
Building.StoriesTotal3
Location DescriptionOntario St S, between King St W and Charles St W.
Ownership TypeFreehold
Property TypeOffice
Zoning DescriptionD1
Exterior for 28-30 ONTARIO Street S
Land Amenities Public Transit
SewerMunicipal sewage system
Additional Details
Paul Dojcinovic
TEAM LEADER, REALTOR® at eXp Realty