multi-family investment for sale

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MULTI-FAMILY INVESTMENT FOR SALE

1510

KING STREET EAST, KITCHENER, ON

MULTI-FAMILY INVESTMENT FOR SALE  Desirable Area of Kitchener – Bedside Expressway and Rockway Gardens

 Fully Sub-Metered Units – Hydro and Water  Newer Appliances, In-suite Laundry in all units Eric Frey Sales Representative D 519.743.5211 Ext: 3118 [email protected]

1510 King Street East| PROPERTY INFORMATION Investment Highlights Total Units –4

Comments • Located directly across Rockway Golf Course • Immediate Highway 401 Access

Unit B – 2 Bedroom

• Tenant pays for their own heat, hydro and Water

Unit C – 2 Bedroom

• Ample Parking

Unit D – 1 Bedroom

• Extensive renovation completed in 2010 with new kitchens, appliances, electrical, bathrooms and plumbing

Unit A – Bachelor

Asking Price $625,000

Cap Rate 5.57%

Eric Frey Sales Representative D 519.743.5211 Ext: 3118 [email protected]

Coldwell Banker Commercial Peter Benninger Realty, Brokerage 508 Riverbend Drive Kitchener, ON. N2K 3S2 519-743-5211

1510 KING STREET EAST | PROPERTY LOCATION

Eric Frey Sales Representative D 519.743.5211 Ext: 3118 [email protected] COLDWELLBANKERCOMMERCIAL.CA Avison Young Commercial Real Estate (Southwestern Ontario), ©2017 Coldwell Banker Real Estate LLC, Peter Benninger Realty, Brokerage, Coldwell Banker Commercial Affiliates. Brokerage All Rights Reserved. Coldwell Banker Real Estate LLC, Peter Benninger Realty, Brokerage, Coldwell Banker 231 Shearson 210 Cambridge, ON N1T Commercial AffiliatesCrescent, fully supportsSuite the principles of the Equal Opportunity Act.1J5 Each Office is Independently Owned and Operated. Coldwell F Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks T 226.366.9090 866.541.9755 owned by Coldwell Banker Real Estate LLC, Peter Benninger Realty, Brokerage, Coldwell Banker Commercial Affiliates.

©2016 Avison Young (Canada) Inc. All rights Coldwell Banker Commercial reserved. The information contained herein was obtained Peter Benninger Realty, Brokerage from sources deemed reliable and is believed to 508 Riverbend Drive be true; it has not been verified and as such, Kitchener, ON. cannot be warranted nor form any partN2K of any3S2 future contract. 519-743-5211