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15 Mowat Boulevard
3 Level, Multi-Unit
JELENA NIDOGON, RE/MAX TWIN CITY REALTY INC.
Rare, 20 Unit Low-Rise Apartment Building. Concrete and brick construction. Central Kitchener location easy walk to Laurentian Hills Plaza, and big box stores at Laurentian Mall. Quick access to expressway. Building mix of 16 one bedrooms, 3 two bedrooms, 1 bachelor. Loaded with upgrades with recent cap ex including: steel roof (2012), new boiler (2014), balcony sliding doors (2012), back flow prevention (2014), masonry brick work on patios/sidewalk (2015), two washing machines (2015), water heater (2016), new parking lot asphalt (2017), eavestroughs/fascia (2018). Stable building with long term tenants. Building has not had a tenant turnover in over a year. Upswing is available for patient investor by increasing rents to market on re-rental, charging for parking, utilizing attached double car garage for paid storage, submetering and through unit modernization/tenant repositioning. Investor Work Sheet available that shows how this property can work for you! Invest in one of Canadas perennially best towns to invest in! (id:5864)
RE/MAX TWIN CITY REALTY INC.
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