Wilfred Ave. Kitchener, Ontario
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
Highlights
Address
-
Address 72 Wilfred Ave
-
Country Canada
-
Postal code/ZIP N2A 1W8
Overview
- Property ID 8574
- Price $18,250,000
- Property Type Investment Property
- Property status For Sale