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199 Ahrens Street W Kitchener, ON N2H 4E1
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Key Details
Sold Price $3,200,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 11,309 sqft
Price per Sqft $282
MLS Listing ID 40303479
Sold Date 10/07/22
Bedrooms 34
Abv Grd Liv Area 16,963
Originating Board Kitchener - Waterloo
Annual Tax Amount $31,622
Lot Size 0.436 Acres
Acres 0.436
Property Description
Wow! Here’s a rare opportunity to own a purpose built 16 unit apartment building with an open rear parking lot, located in the historic Downtown of Kitchener. The units come in an array of sizes and options for your tenants. 12 - Two bedroom units, 3 - Three bedrooms units & 1 - One bedroom unit. Kitchener-Waterloo is one of Canada’s top markets to buy real estate. The investment opportunity the building has is impressive and allows for a significant upside on rents. Recent updates include: 2 renovated units in 2021, front entry door in 2022, all new windows in 2015. The building is heated with a Viessman Gas Boiler System and rents are inclusive of utilities. You couldn’t ask for a better location. Close to all the tech giants that Kitchener-Waterloo are known for like Google, Oracle, D2L, Vidyard & Communitech. Commuting is made easy with quick access to the GO Train, LRT & bus routes. Steps away from downtown Kitchener’s great coffee shops, restaurants, stores and historic farmer’s market. Explore Victoria Park and the nearby Ironhorse Trail. Just a short drive to Conestoga & Fairway Fairway Park Mall. Close to top post secondary schools Wilfred Laurier, University of Waterloo and Conestoga College.
Location
Province ON
County Waterloo
Area 1 - Waterloo East
Zoning R-6
Direction Located on Ahrens St W between Wilhelm Street and Blucher St
Rooms
Basement Full, Finished
Kitchen 0
Interior
Interior Features Other
Heating Natural Gas, Water Radiators
Cooling None
Fireplace No
Appliance Refrigerator, Stove
Laundry Coin Operated
Exterior
Waterfront No
Roof Type Flat, Tar/Gravel
Lot Frontage 70.18
Lot Depth 229.0
Garage No
Building
Lot Description Urban, Irregular Lot, City Lot, Open Spaces, Park, Playground Nearby, Public Transit, Quiet Area, Schools, Shopping Nearby
Faces Located on Ahrens St W between Wilhelm Street and Blucher St
Story 3
Foundation Poured Concrete
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 3
Structure Type Brick
New Construction No
Others
Tax ID 301201000
Ownership Freehold/None
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