Presenting a rare investment opportunity at 14 Woodfern Crt. in Kitchener. This purpose-built 11-unit apartment building is situated on a 0.369-acre lot and offers a solid rental income stream, featuring six two-bedroom units and five one-bedroom units.
The property boasts 14 unassigned outdoor parking spaces and is efficiently serviced with single hydro, water, and sewer connections, along with electric heating. A standout feature of the building is its large common area elements, which hold the potential for conversion into additional units, adding further value for investors seeking to maximize their returns.
14 Woodfern Crt. is also part of a larger 45-unit portfolio, consisting of three buildings, all being sold collectively. This unique offering allows investors to acquire a substantial multi-residential portfolio in one transaction. More details on the complete portfolio are available on the listing page below.
Located in a quiet, well-established neighborhood in Kitchener, the building benefits from easy access to local amenities, public transportation, and schools, making it a popular choice for tenants. With a 2024 assessment of $1,013,000 and annual taxes of $23,607.39, this well-maintained property offers significant potential for growth and value. Contact us today to explore this exceptional investment opportunity.
