Room 1
Level not provided
310 Wellington St
Kitchener, Ontario N2H 5K9
Description
Prime Investment opportunity available for sale in the Heart of Kitchener. This is your chance to own a solid income-generating property in a rapidly growing area. Attractive and well maintained 7 plex rental property is jus minutes from University of Waterloo. This investment includes 6 one bedroom apartments, and one 3 bedroom house at the rear of the property which is currently occupied by the Seller. Car port parking for the 3 bedroom home at the rear. 7 additional free parking spaces available for tenants to enjoy! Lots of upgrades to property. New roof in 2017. Drive-way seal and repair 2024. Water softener refurbishing in 2025. New Water Heater in 2024. Apt. 6 New Bathroom tub surround. Owner installed De-icing cables on the roof in December of 2024. New fridge in Apartment 7 in 2023. Apartment 4 makeover done in 2020. The building has been meticulously maintained and is ready for a new investor to start enjoying the benefits. Close to schools, public transit, and major amenities.
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- X14152038
- Board
- TRREB MLS®
- Days on market
- Tax
- $16,409
- Size
- 3500-5000 sqft
- Lot
- 50 × 165 Feet
- Parking
- None, 8 Parking
Listing History
Buy/Sell history for 310 Wellington St, Kitchener, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $1,720,000 | N/A | For Sale | X14152038 |
Estimated Market Value
Estimated value requires sign in
AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
Property Details
Property
- Property Type
- Multiplex
- Style
- 3-Storey
- Municipality
- Kitchener
Inside
- Bedrooms
- 7
- Bathrooms
- 7
- Bathroom Detail
- 7, 3pc
- Basement Type
- None
- Kitchens
- 7
Utilities
- Water
- Municipal
- Cooling
- Other
- Heating Type
- Forced Air
Building
- Size
- 3500-5000 sqft
- Construction
- Brick
Parking
- Garage Type
- None
- Add. Parking
- 8
- Total Parking
- 8
Land
- Sewer
- Sewers
- Lot Size
- 50 × 165 Feet
- Lot Size Code
- Feet
Additional
- Foundation
- Concrete
- Roof
- Fibreglass Shingle, Membrane
- Fireplace
- N
- Pool
- None
- Den
- N
- Family room
- N
Rooms (12)
Room 2
Level not provided
Room 3
Level not provided
Room 4
Level not provided
Room 5
Level not provided
Room 6
Level not provided
Room 7
Level not provided
Room 8
Level not provided
Room 9
Level not provided
Room 10
Level not provided
Room 11
Level not provided
Room 12
Level not provided
Location
Comparable Sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$7,885
- Down payment$344,000
- Mortgage amount$1,376,000
- Total interest$989,500
- Total cost$2,709,500
Cash flow analysis
$7,885
Total monthly payment
$9,252
Break-even down payment
100%
Cash flow-$9,252
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
04 / Local performanceMarket detailsNeighbourhood price and activity trends
Expand Market details to load neighbourhood price and activity trends.
$1,720,000
$1,720,000
CAD
Estimated market value
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