Space
Finished area and layout
- Living Area
- 2,876 sqft
- Above Grade
- 1,938 sqft (Other)
- Below Grade
- 938 sqft (Other)
- Finished Breakdown
- Above 1,938 sqft + Below 938 sqft
- Bedrooms
- 6
- Bathrooms
- 3
+45 more
6
Bedrooms
3
Bathrooms
2,876 sqft
Living Area
0 sqft
Lot
1956
Year Built
Property Snapshot
Key details for this listing
Property
Type, style and structure
- Type
About This Property
This 6-bedroom, 3-bathroom triplex in Kitchener offers 2,876 sqft of living area on a 0 sqft lot. Built in 1956, 2 storeys. The property has lot dimensions of 0.148, zoned RES-4. The home features none, a full, finished basement. Highlights include a none pool.
MLS Remarks
Are you looking for a solid, turnkey investment in Kitchener-Waterloo? An income-producing property with a projected CAP rate over 5.5%? Anchored by a core location with proximity to retail and hospitals? Presenting 115 Roxborough Avenue, a classic red-brick Tri-plex comprised of three spacious two-bedroom units. Savvy investors will recognize that this property has all the amenities needed to attract top tenants and achieve market rents. The large units feature classic finishes like oak trimwork and spacious eat-in kitchens. There is plenty of on-site parking up to 6 spaces. A large lot offers the potential for densification, investors may consider adding an additional dwelling unit (ADU) for added income. Two units are vacant, ready for market rents and for the new landlord to establish tenancies of their choosing. Conveniently located near retail and shopping amenities just a block away, including public transit. The expressway and downtown Kitchener are less than a 10-minute drive. This property has been impeccably maintained. Speak with Benjamins Realty Inc. for a list of property upgrades or to receive a ProForma outlining income and expense projections.
Inclusions
3 fridges, 3 stoves, 1 coin-operated washer, 1 coin-operated dryer, 1 microwave in Unit 2.
Full Listing Details
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