ONWaterlooKitchener115 Kraft Avenue
115 Kraft Avenue
1
New
Multiplex

115 Kraft Avenue

Kitchener, ON, N2A 2J2

Residential Freehold
Area
5000 + sq.ft
Bed
28
Bedrooms
Bath
15
Bathrooms
Parking
18
Single Garage

Asking Price

$3,350,000

Property Description

Original Remarks

Excellent opportunity for multi-family investors to acquire a 15-suite apartment building with strong value-add potential. The property includes 1 bachelor suite, 1 one-bedroom suite, and 13 predominantly two-bedroom suites, with approximately half recently renovated, appealing to a broad tenant base and supporting strong cash flow. Ideally located directly off Highway 8 and just minutes from the 401, with access from two streets and ample parking, the building offers exceptional convenience and exposure near local amenities. With rents currently below market, there is significant upside through strategic renovations and tenant turnover, making this a rare opportunity to secure a stable, income-producing asset with long-term growth potential.**INTERBOARD LISTING: CORNERSTONE ASSOCIATION OF REALTORS**

PROPERTY HISTORY

115 Kraft Avenue

Type:Multiplex
Style:2 1/2 Storey
Size Range:5000 +
Above grade sq.ft.:-
Below grade sq.ft:-
Total sq.ft:-
Listing ID:X12970098
Community:-
Days on Market:-
Year Built:-
Age range:-
Basement:Finished
Ownership Type:Residential Freehold
Condo Fee:N/A
Yearly Taxes:$36,526/yr (2025)
Municipality:Kitchener
Lot Size:102.00 x 230.00 Feet

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