242 Avalon Place Kitchener, Ontario N2M 4N9
$2,505,000
Well maintained, solid construction, purpose built, backing onto green space. Two 1 bedroom units and Ten 2 bedroom units. Units very spacious. Ranging from 700-900 sqft. Added income to be made from large detached 2 car garage/shop for extra storage or parking. Cap Rate of 4.3%. Keyed entry. All units occupied. Excellent pool of tenants. Quiet, and respectful, none in default. Apartments are well kept by individual tenants. No visits permitted on site without scheduling an appointment. (id:29438)
Property Details
| MLS® Number | 40070086 |
| Property Type | Multi-family |
| Amenities Near By | Hospital, Park, Place Of Worship, Schools, Ski Area |
| Equipment Type | None |
| Features | Cul-de-sac, Park Setting, Park/reserve, Paved Driveway, Laundry- Coin Operated |
| Parking Space Total | 14 |
| Rental Equipment Type | None |
| Structure | Shed |
Building
| Bathroom Total | 12 |
| Bedrooms Total | 22 |
| Appliances | Water Softener |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Cooling Type | Window Air Conditioner |
| Exterior Finish | Brick |
| Fire Protection | Smoke Detectors |
| Fireplace Present | No |
| Fixture | Ceiling Fans |
| Foundation Type | Poured Concrete |
| Heating Type | Boiler |
| Stories Total | 2 |
| Utility Water | Municipal Water |
Parking
| Detached Garage |
Land
| Access Type | Highway Nearby |
| Acreage | No |
| Land Amenities | Hospital, Park, Place Of Worship, Schools, Ski Area |
| Sewer | Municipal Sewage System |
| Size Depth | 115 Ft |
| Size Frontage | 147 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R-6 |
https://www.realtor.ca/real-estate/22847753/242-avalon-place-kitchener
Interested in this property?
Claudio Baiocchi, REALTOR®
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Kitchener-Waterloo Association of REALTORS®
Peak Realty Ltd.
February 23 2021 10:26:10
