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$1,950,000
Kitchener
127 ANN Street, Kitchener, Ontario, N2B1Y2
This multi-family property in Kitchener is for sale offering roughly 6,000 sq ft of space. It has been on the market 12 days, fresher than the Kitchener average of 53 days.
Multi-Family Investment Opportunity in Kitchener’s Rosemount Neighbourhood! Exceptional opportunity to acquire a multi-family investment property at 127 Ann Street, ideally situated in Kitchener’s established Rosemount neighbourhood. Featuring 12 one-bedroom units plus a bonus basement unit, this property offers a substantial residential rental portfolio with potential for investors seeking to expand their holdings in the Waterloo Region market. Conveniently located near public transit, shopping, parks, schools, and everyday amenities, with easy access to downtown Kitchener and major transportation routes. A compelling opportunity to invest in a well-established residential area with convenient access to employment centres and community amenities. Don’t miss this opportunity to add a multi-unit residential property to your investment portfolio! (id:66096)
Features and services as supplied by the listing brokerage.
Active: 12 days on market, against an average age of 53 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 31 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 100.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 10-bed multi-family in Kitchener has been listed for 12 days, which is 41 days fresher than the city average of 53. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,950,000, about 24.1× the local median household income of $81,000.
Carrying it typically needs a household income of about $380,903 (20% down, 25-yr amortization, stress-tested) — roughly 370% above the area median.
Source: Statistics Canada, 2021 Census (FSA N2B)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice