183 OTTAWA Street S, Kitchener home/condo for sale | 40625256

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Property Description

Available for sale is a 7 unit rental property with commercial zoning, offering significant growth potential. This property includes an unfinished garage, loft, and accessory unit, along with a clean, dry basement. The total above-grade square footage is 7,075 Sq. Ft. Location: Downtown, with excellent walkability and just 450 meters from the LRT (Light Rail Transit) station. Current Rent Roll: Stable, generating a net operating income (NOI) of $73,000. Expansion Potential: Opportunity to increase the rent roll by finishing the garage, loft and accessory unit. This property represents a solid investment with existing rental income and room for future growth. Don't miss the opportunity to capitalize on a prime downtown location. Be sure to view the iGuide for more details. Contact listing broker for a breakdown of the proforma. (id:26452)

Other located at 183 OTTAWA Street S. It has 0.00 beds, 0.00 bathrooms, and is 7099 square feet. 183 OTTAWA Street S is in the Kitchener neighborhood. Kitchener , Westmount , and 415 - Uptown Waterloo/Westmoun are nearby neighbourhoods.

Listed by: Coldwell Banker Peter Benninger Realty

Property Description

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