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43 Sixth Av 6 Unit Apartment Building $1,249,900 CAD ($208,317 CAD/Unit) Kitchener, ON N2C 1P9
Investment Highlights
- Accessible to major highways, supporting efficient travel to the broader Waterloo Region and Greater Toronto Area.
- Potential for multiple property uses under local municipal zoning regulations.
- Positioned within an established residential neighborhood with proximity to schools, parks, and local amenities.
Executive Summary
The property consists of a purpose built 6 unit apartment building on a large 0.231 acre lot. Unit breakdown is four (4) 1 bed - 1 bath units and two (2) 2 bed – 1 bath units. Hydro is separately metered (at tenant's expense) with a single water and sewer. The building has been responsibly maintained with a number of recent capital expenditures including full renovation of unit 5 (2021), new boiler (2022), roof, furnace and pavement in parking lot (2018) and full reno of unit 4 (2025). The property is located in a very attractive area in terms of investment with a majority of single family detached homes in addition to smaller duplexes and triplexes. The area will appeal to Tenants with easy access to public transportation, schools and various other amenities including a regional shopping mall, the expressway (to 401), a variety of grocery stores, restaurants, drug stores, medical and dental as well as other shopping opportunities.
Property Facts
| Price | $1,249,900 CAD | Building Class | C |
| Price Per Unit | $208,317 CAD | Lot Size | 0.21 AC |
| Sale Type | Investment | Building Size | 3,244 SF |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1956/2025 |
| Property Subtype | Apartment | Parking Ratio | 3.08/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RES 5 - Residential | ||
| Price | $1,249,900 CAD |
| Price Per Unit | $208,317 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 3,244 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1956/2025 |
| Parking Ratio | 3.08/1,000 SF |
| Zoning | RES 5 - Residential |
Amenities
Unit Amenities
- Microwave
- Oven
- Porch
Site Amenities
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+1 | 2 | - | - |
Fairly walkable
40/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100
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Presented by
Terry Riddoch Personal Real Estate Corporation
43 Sixth Av
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