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Woodside Terraces 270 E Spadina Rd 193 Unit Apartment Building For Sale Kitchener, ON N2M 3X8
INVESTMENT HIGHLIGHTS
- 193-suite modern apartment building
- Stunning views of Woodside Park and Downtown Kitchener
- ~1.43 acre site
- Beautiful modern interiors
EXECUTIVE SUMMARY
Multifamily Ontario is pleased to present the opportunity to acquire Woodside Terraces a 193-suite modern apartment building on a ~1.43 acre site with stunning views of Woodside Park and Downtown Kitchener.The Property consists of two phases. The first consists of 103 suites, it was built in the early 1960’s then thoroughly restored and repositioned in 2018 and Phase II, a 90 suite addition which is currently nearing the completion of construction. Both Phases have beautiful modern interiors that provide tenants with high-end, loft style luxury.
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 1.43 AC |
| No. Units | 193 | Building Size | 150,000 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 6 |
| Apartment Style | Mid-Rise | Year Built | 1967 |
| Building Class | B | Parking Ratio | 0.65/1,000 SF |
| Zoning | R8 738 R - Residential | ||
| Sale Type | Investment |
| No. Units | 193 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 1.43 AC |
| Building Size | 150,000 SF |
| Average Occupancy | 98% |
| No. Stories | 6 |
| Year Built | 1967 |
| Parking Ratio | 0.65/1,000 SF |
| Zoning | R8 738 R - Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
SITE AMENITIES
- Controlled Access
- Laundry Facilities
- Security System
- Recycling
- Smoke Free
- Storage Space
- Elevator
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 176 | - | 450 - 720 |
| 2+1 | 17 | - | 717 - 820 |
Walk Score®
Very Walkable (76)
Bike Score®
Very Bikeable (81)
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Woodside Terraces | 270 E Spadina Rd
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