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28-30 Ontario Street South
Kitchener ON , N2G 1X2 , Canada
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Kyle Church
Agent
Broker
Phone: 519.747.2040
Cell: 519.498.0943

Royal LePage Wolle Realty
Brokerage:
7 - 180 NORTHFIELD DR WEST
WATERLOO, ON
N2L 0C7
Phone: 519.747.2040
Fax: 519.747.2081
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$4,000,000.00
MLS® 40573952
Investment
Lot Frontage: 29.50 Feet
No. of Parking Spaces: 1
Floor Space (approx): 6000 Square Feet
Total Bedrooms: 0
Zoning: 29.5
Remarks:
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.
Inclusions:  Built-in Microwave,Microwave,Smoke Detector,Window Coverings,Other

Property Features:
  • Basement: Partial , Partially Finished
  • Construction Materials: Aluminum Siding
  • Cooling: Ductless , Energy Efficient
  • Heating: Heat Pump
  • Interior Features: Separate Heating Controls , Separate Hydro Meters
  • Acres Range: < 0.5
  • Driveway Parking: None
  • Laundry Features: Common Area , Shared
  • Lot Features: Park , Public Parking , Public Transit , Shopping Nearby
  • Parking Features: Attached Garage
  • Roof: Flat , Membrane
  • Security Features: Smoke Detector
  • Sewer: Sewer (Municipal)
  • Water Source: Municipal
  • Window Features: Window Coverings

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

All offices are independently owned and operated, except those offices identified as "Royal LePage Real Estate Services Ltd."

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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