7 days on Market

43 6 Ave, Kitchener, Ontario N2C 1P9

Townhouse
8
6
~3000-3500 sqft
$1,399,000
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Townhouse
8
6
~3000-3500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$433/sqft

Est. Mortgage$6,008/mo

Tax Amount (2024)$6,886/yr

Days On Market7 days


Description

Be your own landlord - fantastic opportunity whether you are a first time investor looking to occupy your own building and have tenants pay your mortgage or are a seasoned investor. The property consists of a purpose built 6 unit apartment building on a large 0.231 acre lot. Unit breakdown is four (4) 1 bed - 1 bath units and two (2) 2 bed 1 bath units. Hydro is separately metered (at tenant's expense) with a single water and sewer. The building has been responsibly maintained with a number of recent capital expenditures including full renovation of units 5 (2021) and 4 (2025), new boiler (2022), roof, furnace and pavement in parking lot (2018). The property is located in a very attractive area in terms of investment with a majority of single family detached homes in addition to smaller duplexes and triplexes. The area will appeal to Tenants with easy access to public transportation, schools and various other amenities including a regional shopping mall, the expressway (to 401), a variety of grocery stores, restaurants, drug stores, medical and dental as well as other shopping opportunities.


Property Details

Style3-Storey
View-
Age of property-
SqFt~3000-3500 SqFt
Lot Size8,580 SqFt(132 x 65)
Parking Spaces8
MLS ®NumberX12112813
Community NameVanier
Data SourceTRREB
Listing byRE/MAX Real Estate Centre Inc.

Features

Heating: Water
Basement: Apartment

Features

Lot size: 8,580 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 8


Property listed by RE/MAX Real Estate Centre Inc., Brokerage

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Market Data - Vanier

Geo Zone Map ThumbnailVanier

Strong Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2024

7 days

2023

0 day

2022

15 days

New Listings

Past 30 days

4 listings

Compared to

2024

3 listings

2023

1 listing

2022

5 listings

Units sold

Past 30 days

0 unit

Compared to

2024

1 unit

2023

0 unit

2022

4 units

Median Sold Price

Past 30 days

$0

Compared to

2024

$425,000

2022

$611,500


Population and Demographics

Overview

Total population 11555
Average household income $87,115

Age (%)

20 to 34
28%
0 to 19
19%
35 to 49
18%
65 and plus
17%
50 to 64
17%

Household composition (%)

Single family
57%
Single person
34%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
71%
Spanish
5%
Others
4%
Arabic
3%
Punjabi (Panjabi)
3%
Serbian
2%
Gujarati
2%
Tagalog (Pilipino, Filipino)
2%
French
2%

House tenancy (%)

Renters
64%
Owners
36%

Schools and amenities

Estimated Budget