121 Patricia Avenue, Kitchener, Ontario N2M 1J5 (22582265)


121 Patricia Avenue Kitchener, Ontario N2M 1J5

9 Bedroom 5 Bathroom
Central Air Conditioning Baseboard Heaters, Forced Air


ALL UNITS OCCUPIED. One Unit has 5 bedrooms; One Unit has 3 bedrooms; One unit has 1 bedroom. Excellent opportunity for the motivated investor. Net Operating Income of $43,095.78. Gross Income of $54,300.00. Cap Rate of 5.6%. This fully leased Triplex is centrally located to the downtown Kitchener Tech Center, a 5 minute drive to Google, close to schools, shopping, transit, hospital and easy access to the Highway. This property comes with Three (3) Hydro Meters and Three (3) Water Heaters with one (1) being owned. This is an excellent opportunity also to live in one unit and have the two units pay the mortgage. There is ample parking (9). Lease Agreements in place, , Financials are available, so please reach out to the Listing Rep. Landlord pays Water, tenants pay other utilities. (id:29438)

Property Details

MLS® Number 40043348
Property Type Multi-family
Amenities Near By Hospital, Public Transit, Schools, Shopping
Equipment Type Water Heater
Features Paved Driveway, Shared Driveway
Parking Space Total 9
Rental Equipment Type Water Heater


Bathroom Total 5
Bedrooms Total 9
Appliances Water Meter
Basement Development Finished
Basement Type Full (finished)
Constructed Date 1953
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Brick
Fireplace Present No
Foundation Type Poured Concrete
Heating Fuel Electric, Natural Gas
Heating Type Baseboard Heaters, Forced Air
Stories Total 1
Type Triplex
Utility Water Municipal Water, Unknown


Detached Garage


Acreage No
Land Amenities Hospital, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 133 Ft
Size Frontage 55 Ft
Size Total Text Under 1/2 Acre
Zoning Description Res


Go to Top