Haliburton, Minden and Kinmount
MLS®: X12781782 Status: For sale

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$2,099,000
Location:

15 FLORAL CRESCENT, Kitchener Ontario, N2G3B3
15 FLORAL CRESCENT, Kitchener Ontario
Description:
Turnkey multi-residential investment in a proven, high-demand rental market. Rockway Gardens Apartments is a well-maintained, solid brick, stick-construction apartment building comprised of 11 spacious one-bedroom units. Family-owned since 2007, the property reflects significant pride of ownership, with extensive major capital improvements completed, including new Weil-McLain boilers (2010), full window replacement (2010-2015), a new roof (2018), water softener system (2021), and newly paved asphalt parking/driveway-minimizing near-term capital risk. All units are separately metered for hydro, offering strong operational efficiency and upside potential. The property is situated on a generous 0.371-acre lot with 16 on-site parking spaces. Located in the desirable Kingsdale neighbourhood of Kitchener, a quiet, mature area with consistent rental demand, close to Rockway Golf Course, Wilson Park, Kingsdale Community Centre, Fairview Mall, public transit, shopping, and schools, with quick access to the Expressway and major highways. An excellent opportunity to acquire a stabilized asset in a supply-constrained rental market with long-term growth potential. (id:2471)
Property:
Type: Multi-family
Lot Dimensions: Bldg=161.66 x 113.19 FTAcreage: Bldg=161.66 x 113.19 FT
Water: Municipal water
Structure:
Style: Multi-FamilySquare Footage: 8736 sqft
Heating: Radiant heat, Hot water radiator heat, Baseboard heaters
Heating Type: Natural gas
Cooling Type: None
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15 FLORAL CRESCENT, Kitchener Ontario
15 FLORAL CRESCENT, Kitchener Ontario
15 FLORAL CRESCENT, Kitchener Ontario
15 FLORAL CRESCENT, Kitchener Ontario
15 FLORAL CRESCENT, Kitchener Ontario
15 FLORAL CRESCENT, Kitchener Ontario
15 FLORAL CRESCENT, Kitchener Ontario
15 FLORAL CRESCENT, Kitchener Ontario
15 FLORAL CRESCENT, Kitchener Ontario
15 FLORAL CRESCENT, Kitchener Ontario
15 FLORAL CRESCENT, Kitchener Ontario
15 FLORAL CRESCENT, Kitchener Ontario
15 FLORAL CRESCENT, Kitchener Ontario
15 FLORAL CRESCENT, Kitchener Ontario
15 FLORAL CRESCENT, Kitchener Ontario
15 FLORAL CRESCENT, Kitchener Ontario
15 FLORAL CRESCENT, Kitchener Ontario
15 FLORAL CRESCENT, Kitchener Ontario
15 FLORAL CRESCENT, Kitchener Ontario
15 FLORAL CRESCENT, Kitchener Ontario
15 FLORAL CRESCENT, Kitchener Ontario
15 FLORAL CRESCENT, Kitchener Ontario
15 FLORAL CRESCENT, Kitchener Ontario
15 FLORAL CRESCENT, Kitchener Ontario
15 FLORAL CRESCENT, Kitchener Ontario
15 FLORAL CRESCENT, Kitchener Ontario
15 FLORAL CRESCENT, Kitchener Ontario
15 FLORAL CRESCENT, Kitchener Ontario
15 FLORAL CRESCENT, Kitchener Ontario
15 FLORAL CRESCENT, Kitchener Ontario
15 FLORAL CRESCENT, Kitchener Ontario
15 FLORAL CRESCENT, Kitchener Ontario
15 FLORAL CRESCENT, Kitchener Ontario
15 FLORAL CRESCENT, Kitchener Ontario
15 FLORAL CRESCENT, Kitchener Ontario
15 FLORAL CRESCENT, Kitchener Ontario
15 FLORAL CRESCENT, Kitchener Ontario
15 FLORAL CRESCENT, Kitchener Ontario
15 FLORAL CRESCENT, Kitchener Ontario
15 FLORAL CRESCENT, Kitchener Ontario
 
15 FLORAL CRESCENT, Kitchener Ontario

Royal LePage - Lakes of Haliburton, Brokerage



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Listing Office: HomeLife Power Realty Inc

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