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28-30 ONTARIO Street S, Kitchener, Ontario, N2G1X2

28-30 ONTARIO Street S, Kitchener, Ontario, N2G1X2 (ID 40573952)
Representative
Crystal  Clarke portrait
Crystal Clarke
Sales Representative
Davenport Realty Brokerage
Cell: 519-505-7846
Tel: 226-777-5833

$4,000,000 - For sale

ID#:40573952

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 leased to a successful restaurant - the Grand Trunk Saloon. 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:2471)

Location DescriptionOntario St S between King St W and Charles St W.

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Property Details
  • Property Address:28-30 ONTARIO Street S, Kitchener, Ontario, N2G1X2
  • Property Type:Multi-family
  • Title:Freehold
  • Lot Size:under 1/2 acre
  • Acreage:under 1/2 acre
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
  • Driveway:Attached Garage, None
  • Parking Space Total:1
Structure Details for 28-30 ONTARIO Street S, Kitchener, Ontario, N2G1X2
  • Floor Space:6000
  • Heating Type:Heat Pump
  • Storeys:3
  • Basement Type:Partial (Partially finished)
  • Foundation Type:Block
  • Cooling Type:Ductless
  • Appliances Included:Microwave, Microwave Built-in, Window Coverings
  • Exterior Type:Aluminum siding, Brick
Amenities for 28-30 ONTARIO Street S, Kitchener, Ontario, N2G1X2
  • Amenities Nearby:Park, Public Transit, Shopping
Representative
Crystal  Clarke portrait
Crystal Clarke
Sales Representative
Davenport Realty Brokerage
Cell: 519-505-7846
Tel: 226-777-5833
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28-30 ONTARIO Street S, Kitchener, Ontario, N2G1X2

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