Charming 12-unit brownstone in Kitchener’s sought-after Mount Hope neighbourhood, steps to the ION LRT, Kitchener GO Station, hospitals, parks, and downtown amenities. Built in 1942 and extensively updated, the property features all one-bedroom suites with modern kitchens, stainless steel appliances, luxury plank flooring, and on-site laundry. Current NOI $110,733, representing a 5% cap rate at asking price. Seven surface parking spaces (off-site). Strong rental demand from professionals, healthcare workers, and students. HST in addition to purchase price where applicable. Confidential rent roll and P&L available upon execution of a Confidentiality Agreement. (id:38551)
Features
- Laundry- Coin Operated
Location
Green Hedge Realty Inc., Brokerage
Green Hedge Realty Inc., Brokerage is a full-service real estate brokerage offering traditional MLS® REALTOR® representation services at reduced commission rates.
Buyers receive approximately 1.5% cash back after closing, depending on what REALTOR® cooperating commission is offered by the seller. Sellers pay 1% one percent plus the commission they choose to offer to the co-operating REALTOR® representing the buyer.
More Information
Contact Us
©2025 Green Hedge Realty Inc., Brokerage. This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association. Trademarks Are Owned Or Controlled By The Canadian Real Estate Association (CREA) And Identify Real Estate Professionals Who Are Members Of CREA (REALTORS®) And/Or The Quality Of Services They Provide (MLS®)