Property Information:

The property consists of a purpose built 6 unit apartment building on a large 0.231 acre lot. Unit breakdown is four (4) 1 bed - 1 bath units and two (2) 2 bed – 1 bath units. Hydro is separately metered (at tenant's expense) with a single water and sewer. The building has been responsibly maintained with a number of recent capital expenditures including full renovation of unit 5 (2021), new boiler (2022), roof, furnace and pavement in parking lot (2018) and full reno of unit 4 (2025). The property is located in a very attractive area in terms of investment with a majority of single family detached homes in addition to smaller duplexes and triplexes. The area will appeal to Tenants with easy access to public transportation, schools and various other amenities including a regional shopping mall, the expressway (to 401), a variety of grocery stores, restaurants, drug stores, medical and dental as well as other shopping opportunities. (id:27)

Building Features:

Style: Multiplex
Basement Development: Finished
Basement Type: Full
Exterior Finish: Brick
Floor Space: 5400 sqft
Foundation Type: Poured Concrete
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: None
Appliances: Water softener

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Bedrooms: 8
Bathrooms: 6
Access Type: Highway access
Amenities Nearby: Park, Shopping
Built in: 1956
Features: Paved driveway, Laundry- Coin operated
Floor Space (approx): 5400 Square Feet
Lot Depth: 162 Feet
Lot Frontage: 65 Feet
Structure Type: Shed, Porch
Zoning: R5
Sewer: Municipal sewage system
Parking Type: Open
No. of Parking Spaces: 8

Courtesy of: RE/MAX REAL ESTATE CENTRE INC.

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Demographic Information of 43 SIXTH Avenue, Kitchener, Ontario, N2C 1P9

Life Stage

Young Singles

Employment Type

Service Sector

Average Household Income

$86,318.79

Average Number of Children

1.76

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.4 %

High school certificate or equivalent

30.75 %

Apprenticeship trade certificate/diploma

5.75 %

College/non-university certificate

20.03 %

University certificate (below bachelor)

2.19 %

University Degree

17.87 %

Commuter

Travel To Work

By Car

79.77 %

By Public Transit

14.0 %

By Walking

3.52 %

By Bicycle

0.4 %

By Other Methods

2.31 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

66.02 %

Houses

33.98 %

43 SIXTH Avenue, Kitchener, Ontario, N2C 1P9