115 Kraft Avenue

Kitchener, N2A 2J2
For Sale
35.96 BTC
115 Kraft Avenue, Kitchener
28
BEDROOMS
15
BATHROOMS
15
KITCHENS
45
ROOMS
X12970098
MLSID
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Property Description
Excellent opportunity for multi-family investors to acquire a 15-suite apartment building with strong value-add potential. The property includes 1 bachelor suite, 1 one-bedroom suite, and 13 predominantly two-bedroom suites, with approximately half recently renovated, appealing to a broad tenant base and supporting strong cash flow. Ideally located directly off Highway 8 and just minutes from the 401, with access from two streets and ample parking, the building offers exceptional convenience and exposure near local amenities. With rents currently below market, there is significant upside through strategic renovations and tenant turnover, making this a rare opportunity to secure a stable, income-producing asset with long-term growth potential.**INTERBOARD LISTING: CORNERSTONE ASSOCIATION OF REALTORS**
Property Features
Public Transit, Built-In Oven, Intercom, Available, Alarm System, Security System
Property Details
Property Type
Multiplex
Lot Size
102' x 230'
Taxes
$36,526 (2025)
Basement
Finished
Heat Type
Water
Heat Source
Gas
Water
Municipal
Parking Spaces
18
Garage Type
None
Listing contracted with Colliers Macaulay Nicolls Inc.
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