169 FIFTH Avenue

About this home

Here is your chance to own a modern, purpose-built fourplex which was constructed only in 2024. This exceptionally built property features two 3-bedroom upper-level units and two 2-bedroom lower-level units, all offering quality finishes and enhanced soundproofing insulation with resilient channel and SonoPan for improved privacy and comfort between units. The property features upgraded kitchen cabinets, countertops and appliances, commercial-grade laminate flooring, commercial steel siding and insulated vertical siding. The rear unit benefits from a covered porch with skylight, while a drainage system around the property provides additional protection and functionality. Each unit is separately metered for utilities, making this an efficient and attractive investment. Excellent tenants are currently in place, providing stable income and peace of mind for the new owner. Residents enjoy a shared common backyard area at the rear. Located in an established family-friendly neighbourhood which is close to amenities, transit, parks, schools and highway access. This is a rare opportunity to acquire a newer, custom built fourplex offering an excellent unit mix, premium construction, upgraded soundproofing, separately metered utilities and strong existing tenancy with an approximate 5.5% cap. (id:66966)

Details

Type

Multiplex

Size

4660 sq ft

Basement

Finished, Full

Property tax

$10,166

Neighbourhood

Fairview/Kingsdale

Municipality

Kitchener

Interior

Fireplace

No

Heating, cooling and services

Heating

Natural gas

Air conditioning

Central air conditioning

Water and sewer

Municipal sewage system

Building and exterior

Outdoor

Brick, Aluminum siding

Parking

Total parking

2

Location

Location is approximate. See nearby homes on the map