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$ 924,900
Est. payment /mo
New
240 WILSON Avenue Kitchener, ON N2C1H3
6 Beds
4 Baths
2,994 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2994
Square Footage 2,994 sqft
Price per Sqft $308
Subdivision 327 - Fairview/Kingsdale
MLS® Listing ID 40861882
Bedrooms 6
Year Built 1960
Property Sub-Type Freehold
Property Description
Attention investors and turn-key landlords! Prime Investment Opportunity in High-Demand Kitchener Location! 240 Wilson Avenue presents a turnkey 4-unit residential building in a central Kitchener neighborhood. Well-maintained legal multi-residential fourplex offering strong income potential, excellent unit mix, and minimal vacancy risk in a highly accessible Kitchener neighborhood. Versatile Unit Breakdown: Consists of four spacious, functional units — 2 x 2-Bedroom units (one unit currently vacant getting fresh coat of paint), 1 x 1-Bedroom unit (tenant occupied) , and 1 x Bachelor unit (tenant occupied). Ideal for attracting long-term, high-quality tenants. Ample Parking: Generous paved surface lot featuring 5 dedicated off-street parking spots — a major draw and value-add for local renters. Nestled in an established area with immediate access to public transit, major highways (Conestoga Parkway / Highway 8), shopping at Fairview Park Mall, schools, place of worship , local parks., restaurants and entertainment are just a short walk from your front door. Separate utility metering options and consistent maintenance history make this property an exceptional add to any real estate portfolio. Whether you're looking to buy-and-hold, optimize current rents to market rates, or house-hack by occupying one unit while collecting cash flow from the rest, 240 Wilson Ave offers endless possibilities. Don't miss out on this turnkey addition to your portfolio—book your private showing today! (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters
Cooling None
Exterior
Parking Features No
Community Features Community Centre
View Y/N No
Attached Garage No
Total Parking Spaces 5
Garage No
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
Virtual Tour https://youriguide.com/24_wilson_avenue_kitchener_on/
Listed by Re/Max Twin City Realty Inc.
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