Room 1
Level not provided
310 Wellington St
Kitchener, Ontario N2H 5K9
Description
Prime Investment opportunity available for sale in the Heart of Kitchener. This is your chance to own a solid income-generating property in a rapidly growing area. Attractive and well maintained 7 plex rental property is jus minutes from University of Waterloo. This investment includes 6 one bedroom apartments, and one 3 bedroom house at the rear of the property which is currently occupied by the Seller. Car port parking for the 3 bedroom home at the rear. 7 additional free parking spaces available for tenants to enjoy! Lots of upgrades to property. New roof in 2017. Drive-way seal and repair 2024. Water softener refurbishing in 2025. New Water Heater in 2024. Apt. 6 New Bathroom tub surround. Owner installed De-icing cables on the roof in December of 2024. New fridge in Apartment 7 in 2023. Apartment 4 makeover done in 2020. The building has been meticulously maintained and is ready for a new investor to start enjoying the benefits. Close to schools, public transit, and major amenities.
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- X14152038
- Board
- TRREB MLS®
- Days on market
- Tax
- $16,409
- Size
- 3500-5000 sqft
- Lot
- 50 × 165 Feet
- Parking
- None, 8 Parking
Listing History
Listing activity for 310 Wellington St, Kitchener, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $1,720,000 | N/A | For Sale | X14152038 |
Property Details
Property
- Property Type
- Multiplex
- Style
- 3-Storey
- Municipality
- Kitchener
Inside
- Bedrooms
- 7
- Bathrooms
- 7
- Bathroom Detail
- 7, 3pc
- Basement Type
- None
- Kitchens
- 7
Utilities
- Water
- Municipal
- Cooling
- Other
- Heating Type
- Forced Air
Building
- Size
- 3500-5000 sqft
- Construction
- Brick
Parking
- Garage Type
- None
- Add. Parking
- 8
- Total Parking
- 8
Land
- Sewer
- Sewers
- Lot Size
- 50 × 165 Feet
- Lot Size Code
- Feet
Additional
- Foundation
- Concrete
- Roof
- Fibreglass Shingle, Membrane
- Fireplace
- N
- Pool
- None
- Den
- N
- Family room
- N
Rooms (12)
Room 2
Level not provided
Room 3
Level not provided
Room 4
Level not provided
Room 5
Level not provided
Room 6
Level not provided
Room 7
Level not provided
Room 8
Level not provided
Room 9
Level not provided
Room 10
Level not provided
Room 11
Level not provided
Room 12
Level not provided
Location
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$7,885
- Down payment$344,000
- Mortgage amount$1,376,000
- Total interest$989,500
- Total cost$2,709,500
Cash flow analysis
$7,885
Total monthly payment
$9,252
Break-even down payment
100%
Cash flow-$9,252
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
$1,720,000
$1,720,000
CAD
Estimate unavailable
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