293 King St E - Apartments FOR SALE


Kitchener, ON N2G 2L2- Kitchener Central
$1,784,000 CAD
519-904-7005

NO PHOTO

$1,784,000 CAD
Apartments - FOR SALE
null | Request Cap Rate

293 King St E
Kitchener, ON N2G 2L2
Kitchener Central


OVERVIEW

The heavy lifting is done on this mostly completed three-storey 4,462 SF income producing rental property. The project just needs someone to finish it off. This is an exceptional opportunity ofr a user, contractor or investor to put their stamp on a brand new 6 suite residential, 1,482 commercial investment property. Situated right across from the Kitchener Farmers Market in the revitalized Market District of Kitchener. Close enough to Conestoga College for student rental. The ground floor of the building offers a wide open 1,482 SF commercial space. The second floor has 4 bachelor suites, and the top floor has 2 one-bedroom suites.

FOR SALE DETAILS

PRICE

$1,784,000 CAD

PRICE/SF

$400 CAD /SF

# OF UNITS

6

PRICE/UNIT

$297,333

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Karl InnanenColliersMore Info
519-904-7005

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Karl InnanenColliersMore Info
519-904-7005

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.