Wilfred Ave. Kitchener, Ontario

$18,250,000
For Sale
8574 Property ID

Description

A unique opportunity to acquire a multi-family investment property spanning 10 municipal addresses and 3.34 acres. All parcels are under single ownership, enabling an investor or developer to secure the entire portfolio of 61 rental units, generating immediate cash flow while planning for future redevelopment. With utilities already in place and submetering nearly complete, each unit operates independently, offering designated parking and well-maintained paved areas. This rare investment combines strong current income with significant redevelopment potential.

The site is ideally positioned for development with 435′ along Weber Street, or alternatively, the existing properties can be optimized to maximize even higher returns.

10 Properties | Single Owner | Existing 58 Rental Units

  • 72 Wilfred Ave. – 0.778 acre
  • 66 Wilfred Ave. – 0.436 acre
  • 60 Wilfred Ave. – 0.465 acre
  • 54 Wilfred Ave. – 0.175 acre
  • 50 Wilfred Ave. – 0.125 acre
  • 42 Wilfred Ave. – 0.455 acre
  • 55 Ross Ave. – 0.375 acre
  • 63 Ross Ave. – 0.255 acre
  • 67 Ross Ave. – 0.14 acre
  • 73 Ross Ave. – 0.128 acre
  • Highlights

  • 61 Existing Rental Units, 95 Bedrooms
  • 10 Municipal adressess-One Ownership
  • Improve existing cash flow while redeveloping for a Higher and Better Use
  • Walkable: Great Urban Area on Weber St
  • Prime Access: Frontage on 3 Streets, 2 Corners on Weber Street East
  • Vendor Financing Available
  • Address

    • Address 72 Wilfred Ave
    • Country Canada
    • Postal code/ZIP N2A 1W8
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    Overview

    Video

    Wilfred Ave. Kitchener, Ontario

    File Attachments

    Wilfred-Ave-Brochure-1.pdf
    Wilfred-Ave-Brochure-1.pdf
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