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Royal LePage
Royal LePage
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$1,175,000

101 SECORD Avenue, Kitchener, Ontario, N2B 2L3

MLS® # 40856887

Kitchener ON, N2B 2L3

MLS® # 40856887

Property Information:

Welcome to an incredible investment opportunity in the highly sought-after Stanley Park neighbourhood of Kitchener. This well maintained 4-plex offers the ideal combination of location, functionality and income potential, with full occupancy and a desirable mix of two 1-bedroom units and two 2-bedroom units. 101 Secord Ave. has been thoughtfully cared for and provides tenants with comfortable, functional living spaces, making it an attractive addition to any investment portfolio. The property also features two attached garage spaces, offering valuable parking and storage options in addition to the residential units. Located close to virtually every amenity, residents enjoy convenient access to shopping, restaurants, schools, parks, public transit, major roadways and everyday services. The Stanley Park area is well established and highly desirable, making this an excellent location for both long-term tenant demand and investment stability. Whether you are an experienced investor looking to expand your portfolio or entering the multi-residential market, this property presents an excellent opportunity to own an income-producing property in a lovely Kitchener neighbourhood. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Basement Development: Finished
  • Basement Type: Full
  • Exterior Finish: Brick
  • Floor Space: 4359 sqft
  • Heating Type: Radiant heat
  • Cooling Type: None
  • Appliances: Water softener

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Access Type: Highway access
  • Amenities Nearby: Hospital, Park, Public Transit, Schools, Shopping
  • Built in: 1969
  • Features: Laundry- Coin operated
  • Floor Space (approx): 4359 Square Feet
  • Irregular: Yes
  • Lot Depth: 150 Feet
  • Lot Frontage: 57 Feet
  • Lot Size: 0.00 Acres
  • Zoning: Res-5
  • Sewer: Municipal sewage system
  • Parking Type: Attached garage, Open
  • No. of Parking Spaces: 5

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 101 SECORD Avenue, Kitchener, Ontario, N2B 2L3

Demographic Information of 101 SECORD Avenue, Kitchener, Ontario, N2B 2L3

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$106,088.86

Average Number of Children

1.64

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.41 %

High school certificate or equivalent

33.28 %

Apprenticeship trade certificate/diploma

7.35 %

College/non-university certificate

21.45 %

University certificate (below bachelor)

0.92 %

University Degree

18.58 %

Commuter

Travel To Work

By Car

92.02 %

By Public Transit

4.51 %

By Walking

3.47 %

By Bicycle

0.0 %

By Other Methods

0.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

28.21 %

Houses

71.79 %

Own Vs. Rent

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