28-30 Ontario Street S Kitchener, Ontario N2G 1X2
MLS# 40663085 - Buy this house, and I'll buy Yours*

$3,850,000

An exceptional opportunity to purchase a recently renovated building - the Condor Suites - in the heart of Downtown Kitchener with nine furnished residential suite apartments with ground floor commercial space currently vacant and available for lease or for the purchasers own use. This unique opportunity would allow the purchaser to select their own tenants or choose to operate the property as a short term to mid term rental property in order to achieve higher returns. There are 8 bachelor suites, and one 1 bedroom. One of the units has a large balcony overlooking Downtown Kitchener. All units have been completely and skillfully renovated from top to bottom - including kitchens, bathrooms, flooring, electrical, windows, heat pumps, and includes furnishings such as kitchenware, bedding, and TVs. Laundry onsite for all residential suites. Access to the building and units is handled wirelessly and has security cameras throughout the common areas. This property is unlike any other in downtown Kitchener and well positioned to be a top performer in your portfolio with additional value add opportunities. The property is featured as part of the DTK Artwalk, with a beautiful large mural created by Chilean artist Alapinta, as a tribute to the Mapuche and Six Nation’s Peoples, the original caretakers of the land. The building has large garage space at the back for potential value add opportunities. (id:51158)

Property Details

MLS® Number	40663085
Property Type	Multi-family
Amenities Near By	Park, Public Transit, Shopping
Parking Space Total	1

About 28-30 Ontario Street S, Kitchener, Ontario

This For sale Property is located at 28-30 Ontario Street S Multi-family, in the City of Kitchener. Nearby amenities include - Park, Public Transit, Shopping Multi-family bedroom(s), bath(s) . 28-30 Ontario Street S has Heat Pump heating and Ductless. This house features a Fireplace.

The Basement is Partially finished.

This Kitchener's exterior is finished with Aluminum siding, Brick. Also included on the property is a Array. Also included on the property is a Array

The Current price for the property located at 28-30 Ontario Street S, Kitchener is $3,850,000 and was listed on MLS on :2024-10-16 18:49:22

Building

Appliances	Microwave, Microwave Built-in, Window Coverings
Basement Development	Partially Finished
Basement Type	Partial (partially Finished)
Cooling Type	Ductless
Exterior Finish	Aluminum Siding, Brick
Foundation Type	Block
Heating Type	Heat Pump
Stories Total	3
Size Interior	6000 Sqft
Utility Water	Municipal Water

Parking

Attached Garage
None

Land

Acreage	No
Land Amenities	Park, Public Transit, Shopping
Sewer	Municipal Sewage System
Size Frontage	30 Ft
Size Total Text	Under 1/2 Acre
Zoning Description	29.5

https://www.realtor.ca/real-estate/27545720/28-30-ontario-street-s-kitchener