$2,505,000

242 Avalon Place

Kitchener ON, N2M 4N9

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Description

Well maintained, solid construction, purpose built, backing onto green space. Two 1 bedroom units and Ten 2 bedroom units. Units very spacious. Ranging from 700-900 sqft. Added income to be made from large detached 2 car garage/shop for extra storage or parking. Cap Rate of 4.3%. Keyed entry. All units occupied. Excellent pool of tenants. Quiet, and respectful, none in default. Apartments are well kept by individual tenants. No visits permitted on site without scheduling an appointment.

Details

MLS#40070086
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site5

Features

Units12
Building(s)1
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Anna Cumming

Anna Cumming

4788630 (905) 979-9288Contact Me Form Link
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Area Information
ProvinceON
CountyWaterloo
CityKitchener
Postal CodeN2M 4N9
Area3 - Kitchener West
Listing VS Median (in N2M 4N9)
Price:
$2,505,000
low | high
Med:
$2,505,000
50% of Average
On Site:
5
low | high
Med:
5
100% of Average
Listing Updated: February 28, 2021 10:00:20 AM PST
Barak Thompson LogoMLS Number: 40070086
Listing Provided By:
Barak Thompson  of  PEAK REALTY LTD.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

Anna Cumming - Coldwell Banker Community Professionals