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$5,595,000
Est. payment /mo
16,093 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 16,093 sqft
Price per Sqft $347
MLS Listing ID X12334379
Annual Tax Amount $51,150
Tax Year 2024
Property Sub-Type Investment
Lot Depth 70.46
Lot Front 131.77
Property Description
Union Apartments presents a rare opportunity to acquire a professionally managed, 22-suite low-rise complex in one of Kitchener-Waterloos most sought-after residential neighborhoods. Comprised entirely of 22 one-bedroom suites across two well-maintained walk-up buildings, the property is steps from the Grand River Hospital, ION LRT, major bus routes, and a short drive to the University of Waterloo and Wilfrid Laurier University. Tenants enjoy on-site parking, modernized kitchens with stainless steel appliances, oversized original trim, and on-site laundry facilities. The property's proximity to healthcare, education, and transit hubs ensures consistent rental demand and long-term value.
Location
Province ON
County Waterloo
Area Waterloo
Zoning R2
Interior
Cooling No
Inclusions 22 refrigerators, 22 stoves, 2 laundry machines.
Exterior
Utilities Available Yes
Lot Frontage 131.77
Lot Depth 70.46
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Listed by REAL BROKER ONTARIO LTD.