Welcome to an incredible investment opportunity in the highly sought-after Stanley Park neighbourhood of Kitchener. This well maintained 4-plex offers the ideal combination of location, functionality and income potential, with full occupancy and a desirable mix of two 1-bedroom units and two 2-bedroom units. 101 Secord Ave. has been thoughtfully cared for and provides tenants with comfortable, functional living spaces, making it an attractive addition to any investment portfolio. The property also features two attached garage spaces, offering valuable parking and storage options in addition to the residential units. Located close to virtually every amenity, residents enjoy convenient access to shopping, restaurants, schools, parks, public transit, major roadways and everyday services. The Stanley Park area is well established and highly desirable, making this an excellent location for both long-term tenant demand and investment stability. Whether you are an experienced investor looking to expand your portfolio or entering the multi-residential market, this property presents an excellent opportunity to own an income-producing property in a lovely Kitchener neighbourhood. (id:13843)
| MLS # | 40856887 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1969 |
| Days On Site | 76 |
| Listing Provided By | Royal LePage Wolle Realty | Bonnie Higgins |
| SQ Feet | 4,359 |
|---|---|
| Garage | 5 |
| Basement | Y |
| Story(s) | 2 |
| Units | 4 |
| Zoning | Res-5 |
| Cooling | None |
|---|---|
| Heating | Radiant heat |
| Appliances | Water softener |
| Fireplace Yes / No | No |
| Lot Features | Laundry- Coin operated |
|---|
| Parking Features | Attached Garage, Open |
|---|---|
| Parking Total | 5 |
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 7800 |
|---|
| Province | ON |
|---|---|
| City | Kitchener |
| Postal Code | N2B2L3 |
| Community Name | 224 Heritage Park/Rosemount |
| Listing VS Median (in 224 Heritage Park/Rosemount) | |
Price: $1,175,000 low | high Med: $624,450 sqft: 4,359 low | high Med: 1,966 $ / sqft: $270 low | high Med: $324 On site: 76 low | high Med: 15 | |
| Province | ON |
|---|---|
| City | Kitchener |
| Postal Code | N2B2L3 |
| Community Name | 224 Heritage Park/Rosemount |
| Listing VS Median (in 224 Heritage Park/Rosemount) | |
Price: $1,175,000 low | high Med: $624,450 sqft: 4,359 low | high Med: 1,966 $ / sqft: $270 low | high Med: $324 On site: 76 low | high Med: 15 | |
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