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:4069)
| Address |
267 TRAYNOR Avenue |
| List Price |
$4,595,000 |
| Property Type |
Multi-family |
| Area |
Ontario |
| Sub-Area |
Kitchener |
| Bedrooms |
34 |
| Bathrooms |
18 |
| Floor Area |
17,000 Sq. Ft. |
| Lot Size |
0.575 Sq. Ft. |
| Year Built |
1972 |
| MLS® Number |
40635033 |
| Listing Brokerage |
RE/MAX REAL ESTATE CENTRE INC.
|
| Basement Area |
None |
| Postal Code |
N2C1W7 |
| Zoning |
R7 |
| Site Influences |
Public Transit |
