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267 Traynor Avenue Kitchener, Ontario N2C 1W7

34 Bedroom 18 Bathroom 17000 sqft
None Radiant Heat

$4,595,000

Well maintained purpose built 18-unit apartment building on a 0.575 acre lot with significant opportunity to increase revenue. Unit break-down is 17 Two Bed / One Bath units and 1 newly constructed (completion September 2024) One bed / One bath unit. 8 of the 18 units are newly renovated including flooring, kitchens, appliances and bathrooms leaving an opportunity for the new owner to reposition the 10 remaining units. Revenue may further be increased by the introduction of parking surcharges on turn-over. The building is located in a very attractive area in terms of investment that will appeal to Tenants with easy access to public transportation, including the Region’s Light Rail Transit (LRT) system, schools, regional shopping mall, the expressway (to 401), and a variety of grocery & drug stores, restaurants, medical and dental offices as well as other shopping opportunities. (id:43503)

Property Details

MLS® Number 40635033
Property Type Multi-family
AmenitiesNearBy Public Transit
CommunityFeatures High Traffic Area, School Bus
EquipmentType Water Heater
ParkingSpaceTotal 22
RentalEquipmentType Water Heater

Building

BathroomTotal 18
BedroomsTotal 34
BasementType None
ConstructedDate 1972
CoolingType None
ExteriorFinish Brick Veneer
HeatingFuel Natural Gas
HeatingType Radiant Heat
StoriesTotal 3
SizeInterior 17000 Sqft
UtilityWater Municipal Water

Land

AccessType Highway Access
Acreage No
LandAmenities Public Transit
Sewer Municipal Sewage System
SizeFrontage 128 Ft
SizeIrregular 0.575
SizeTotal 0.575 Ac|1/2 - 1.99 Acres
SizeTotalText 0.575 Ac|1/2 - 1.99 Acres
ZoningDescription R7

https://www.realtor.ca/real-estate/27311390/267-traynor-avenue-kitchener

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