242 Avalon Place

242 Avalon Place

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Listing ID History Address Price Date
#30803289 Price Decrease 242 Avalon Place, Kitchener, Ontario, N2M4N9 $2,200,000 2020-06-18
#30803289 Price Decrease 242 Avalon Place, Kitchener, Ontario, N2M4N9 $2,295,000 2020-05-26
#30803289 Listed On System 242 Avalon Place, Kitchener, Ontario, N2M4N9 $2,490,000 2020-04-22

Property Description

One of the nicest multi-residential apartments in the Kitchener-Waterloo area. Extremely well maintained, solid construction, purpose built, backing onto green space. Two 1 Bedroom units, and Ten 2 Bedroom units. Has a large separate 2 car garage/shop for extra storage or parking. Situated close to grocery stores, shopping centres, the highway, and all the comforts and conveniences one could ask for. Don't miss this incredible deal! Whether you're an avid investor or an entrepreneur looking to expand your portfolio, you won't regret checking out this once in a lifetime opportunity. You must see this property for yourself to appreciate just how unique it truly is. Cap Rate close to 5%. Keyed entry. All units occupied. Long-term tenants. Apartments are well kept by individual tenants. Showings limited during COVID-19 pandemic. No visits permitted on site without scheduling an appointment. Contact Listing Salesperson for viewings. (id:29236)

Address: 242 Avalon Place
City: Kitchener
State/Province: Ontario
Zip: N2M4N9
Country: Canada
Listing ACTIVE on SKYHUB: 78 days
Mls Number: 30803289
Property Type: Multi-family
Price: $ 2,200,000
Building Type: Apartment
Stories: 2
Ownership Type: Freehold
Parking Space: 14
Zoning Description: R-6
Land Size: under 1/2 acre
Transaction Type: For sale
Architecture Style: 2 Level, Multi-Unit
Subdivision: 325 - Forest Hill
Foundation Type: Poured Concrete
Basement: Full (Finished)
Structure Type: Shed
Features: Park setting, Park/reserve, Paved driveway, Laundry- Coin operated
Foundation Type: Poured Concrete
Architecture Style: 2 Level, Multi-Unit
Fire Protection: Smoke Detectors
Appliances Included:
Dryer, Washer
Basement Development: Finished
Basement Type: Full (Finished)
Exterior Finish: Brick
Cooling: Window air conditioner
Fireplace Available: False
Utility Sewer: Municipal sewage system
Water: Dug Well, Municipal water
Utility Description: Water (Available)
Amenities Nearby: Hospital, Schools, Ski area, Park
Parking Type: Detached garage
Land Acreage: false


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