15 Floral Cres | Kitchener, ON N2G 3B3
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15 Floral Cres
Kitchener, ON N2G 3B3
Multifamily Property For Sale · 6 Units
INVESTMENT HIGHLIGHTS
- Stick Construction
- Spacious Units
- Separately Metered Hydro
- 16 Parking Spaces
EXECUTIVE SUMMARY
Rare Opportunity! Well maintained Stick Construction Solid Brick Building. Family owned for 17 yrs. Pride of ownership is very apparent; new Weill McLain boilers in 2010, all windows replaced between 2010-2015, new roof in 2018, new water softener system in 2021 and new asphalt parking/driveway. Separately Metered Hydro, Spacious Units and 16 Parking Spaces.
PROPERTY FACTS
| Price Per Unit | $416,667 CAD | Apartment Style | Low Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 3.31% | Building Size | 8,736 SF |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1955 |
| Property Subtype | Apartment | Parking Ratio | 1.83/1,000 SF |
| Price Per Unit | $416,667 CAD |
| Sale Type | Investment |
| Cap Rate | 3.31% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Building Size | 8,736 SF |
| No. Stories | 2 |
| Year Built | 1955 |
| Parking Ratio | 1.83/1,000 SF |
UNIT AMENITIES
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Recycling
- Trash Pickup - Curbside
- Maintenance on site
- Public Transportation
ZONING
| Zoning Code | RES-5 |
| RES-5 |
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