Homes for sale - 28-30 Ontario Street S, Kitchener, ON N2G 1X2

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Doug Folsetter

doug@folsetter.com +1(905) 515-5494

Listed by Kyle Church • Royal LePage Wolle Realty

$3,850,000

Est. payment - /mo

6,000 SqFt

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UPDATED:

01/17/2025 03:48 PM

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,000 sqft

Price per Sqft $641

MLS Listing ID 40691111

Abv Grd Liv Area 6,000

Originating Board Waterloo Region

Annual Tax Amount $17,430

Property Sub-Type Multi Family

Property Description

An exceptional opportunity to purchase a recently renovated building - the Condor Suites - in the heart of Downtown Kitchener with nine furnished residential suite apartments with ground floor commercial space currently vacant and available for lease or for the purchasers own use. There are 8 bachelor suites, and one 1 bedroom. One of the units has a large balcony overlooking Downtown Kitchener. All units have been completely and skillfully renovated from top to bottom - including kitchens, bathrooms, flooring, electrical, windows, heat pumps, and includes furnishings such as kitchenware, bedding, and TVs. Laundry onsite for all residential suites. Access to the building and units is handled wirelessly and has security cameras throughout the common areas. This property is unlike any other in downtown Kitchener and well positioned to be a top performer in your portfolio with additional value add opportunities. The building has large garage space at the back for potential value add opportunities.

Location

Province ON

County Waterloo

Area 3 - Kitchener West

Zoning D1

Direction Ontario St S between King St W and Charles St W.

Rooms

Basement Partial, Partially Finished

Kitchen 0

Interior

Interior Features Separate Heating Controls, Separate Hydro Meters

Heating Heat Pump

Cooling Ductless, Energy Efficient

Fireplace No

Window Features Window Coverings

Appliance Built-in Microwave, Microwave

Laundry Common Area, Shared

Exterior

Parking Features Attached Garage

Garage Spaces 1.0

Roof Type Flat,Membrane

Lot Frontage 29.5

Garage Yes

Building

Lot Description Park, Public Parking, Public Transit, Shopping Nearby

Faces Ontario St S between King St W and Charles St W.

Story 3

Foundation Concrete Block

Sewer Sewer (Municipal)

Water Municipal

Structure Type Aluminum Siding,Brick

New Construction No

Others

Senior Community No

Tax ID 224270058

Ownership Freehold/None

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Doug Folsetter

+1(905) 515-5494

Sales Representative | License ID: 4729737

Sales Representative License ID: 4729737

28-30 Ontario Street S Kitchener, ON N2G 1X2

Doug Folsetter

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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28-30 Ontario Street S