PRICE DROP!! Now offering 6% CAP RATE - it's hard to find buildings cash flowing like this one! This fantastic investment opportunity is in the heart of Preston with new investment happening all around and a plan for future LRT nearby. A well maintained 7,412 sqft mixed-use building with quality, long term residential and commercial tenants makes this a true turn-key opportunity. With 4 residential units and 2 commercial, this building offers a good mix of income streams with fantastic upside potential. 2- two bedroom units and 2 - one bedroom units on the upper levels. The Main floor commercial offers great street exposure and long term leases. Potential for additional storage income. Equipment is all owned, no rentals. Appliances included. Schedule a viewing todayMore details
Exceptional turnkey investment opportunity in the heart of Kitchener's thriving Innovation District! Ideally located just two blocks from Google, this fully renovated and fully rented triplex offers immediate cash flow in one of Waterloo Region's most sought-after rental markets. Within walking distance to the University of Waterloo School of Pharmacy, Grand River Hospital, the ION LRT, GO Transit, vibrant downtown amenities, restaurants, and the future growth of the tech corridor, this is an investment positioned for long-term success.
This meticulously updated property features three self-contained units, including two spacious 2-bedroom suites and one bright 1-bedroom lower-level apartment, all thoughtfully renovated with quality finishes and designed to attract and retain excellent tenants. Each unit offers a modern kitchen, updated bathroom, in-suite laundry, contemporary flooring, and its own hydro meter, providing convenience for tenants and reduced operating costs for the owner.
Extensive capital improvements provide true peace of mind, including updated plumbing and electrical with all knob-and-tube wiring removed, new appliances throughout, rebuilt front porch, new gutters and downspouts, new window wells, new fencing and privacy walls, a new water softener (2022), individual thermostats for each unit, and much more.
The property also offers parking for up to five vehicles with two separate driveways—a rare and valuable feature in this highly walkable urban neighbourhood.
Whether you're expanding your real estate portfolio or purchasing your first income property, this low-maintenance, income-producing triplex combines a premier location, quality renovations, and strong rental demand in one exceptional package. Opportunities like this in Kitchener's Innovation District are rare—don't miss your chance to invest in one of the region's fastest-growing communities.More details
Situated in Stanley Park close to schools, transit, shopping, and the expressway, you won’t want to miss this duplex offering over 1860 sq ft above grade with 6 parking spaces and a heated 287 sq ft workshop/studio space that could be converted back into a garage. This is a property that will give you a long-term investment opportunity for your future.
Laid out over 2 and a half stories on a 43 x 120-foot lot, this property offers 5 bedrooms, 2 bathrooms, and loads of indoor and outdoor space to enjoy. The main floor was recently rented to a great single-occupancy tenant. This renovated 2-bedroom apartment is charming in so many ways. The upper 3-bedroom has a great long-term tenant. This unit has a finished attic space and a dining room off the kitchen.
The meticulously poured concrete parking offers 4 parking spaces beside the house and 2 more at the back; you may consider renting a couple of spots to the neighbours in the future. If you love the character and charm of 1930s Arts and Crafts-era homes, this property features beautiful built-in storage, hardwood floors, and granite in the main-floor unit. The roof was replaced in 2012, and all wiring and windows have been updated. The tenants pay their own hydro. This is a low-maintenance fully occupied property with great tenants and generates a 3.71% CAP rate.More details