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Active Multiplex For Sale 157 DOM · sitting
$3,350,000
MLS® X12970098

115 Kraft Avenue, Kitchener, ON N2A 2J2

Kitchener · N2A 2J2
Monthly cost · estimate
$0/mo
— · — · —
🤖
Hunter's read
15-suite Kitchener apartment building with half recently renovated; strong investor play at $223k per suite.
28
Beds
15
Baths
5000 +
Sqft
18
Parking

About this home

Excellent opportunity for multi-family investors to acquire a 15-suite apartment building with strong value-add potential. The property includes 1 bachelor suite, 1 one-bedroom suite, and 13 predominantly two-bedroom suites, with approximately half recently renovated, appealing to a broad tenant base and supporting strong cash flow. Ideally located directly off Highway 8 and just minutes from the 401, with access from two streets and ample parking, the building offers exceptional convenience and exposure near local amenities. With rents currently below market, there is significant upside through strategic renovations and tenant turnover, making this a rare opportunity to secure a stable, income-producing asset with long-term growth potential.**INTERBOARD LISTING: CORNERSTONE ASSOCIATION OF REALTORS**

📋 Property summary 7 details
Property Type
Multiplex
Style
['2 1/2 Storey']
Square Footage
5000 +
Days on Market
157 days
Annual Taxes
$36,526
Lot Size
102.0' × 230.0'
Parking
18.0 spaces
🏠 Interior 2 features
Basement
Finished
Interior features
Built-In OvenIntercom
🧱 Building & exterior
Foundation
Brick, Concrete
Exterior
Concrete Block
⚡ Utilities
Heating
Water
Cooling
['None']
Sewer
['Sewer']
🌳 Lot & land
Frontage
102.0 ft
Depth
230.0 ft
Source
GeoWarehouse
📃 Listing details
MLS® Number
X12970098
Days on Market
157 days
Possession
Flexible
Listing Brokerage
Colliers Macaulay Nicolls Inc.

Listing information sourced from TRREB MLS® via PropTx. This property is being represented by the listing brokerage shown above. Ishaan Verma of Royal LePage Certified Inc. is happy to represent buyers viewing this property.

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Location

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About Kitchener

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$3,350,000
115 Kraft Avenue, Kitchener, ON N2A 2J2
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💰 Sold-comp analysis · Free

What is this home really worth?

Hunter pulls the last 6 months of actual closed sales on this street, computes the average sold price, days on market, and sold-to-list ratio — then tells you if 115 Kraft Avenue, Kitchener... is priced fairly, over, or under.

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