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Listed price in listed location currency (CAD).
$3,350,000

4318

MLS® 40809115

Overview

Key Facts

Type Apartment
Levels Residential Income
Size 15200 sqft
Garage No
Maintenance Fees 
Taxes $36,527
Days Active 4
Approx. Age 
Avg. Price Per Sqft $220
MLS® Number 40809115

Property Address: 115 Kraft Ave, Kitchener, ON, N2A2J2

Average square foot calculated using Size range provided by listing agent.

Description

Excellent opportunity for multi-family investors to acquire a 15-suite apartment building with strong valued-add potential. The property includes 1 bachelor suites, 1 one-bedroom suite, and 13 predominantly 2-bedroom suites, with approximately half recently renovated, appealing to a broad tenant base and supporting strong cash flow. Ideally located directly off Highway 8 and just minutes from the 401, with access from two streets and ample parking, the building offers exceptional convenience and exposure near local amenities. With rents currently below market, there is significant upside through strategic renovations and tenant turnover, making this a rare opportunity to secure a stable, income-producing asset with long-term growth potential.
MLS® Number40809115
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelCommon Area
Exposure
Exterior
GarageNo
Approx. Age
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Other, Refrigerator, Stove

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 25, 2026List Date
$3,350,000List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price

Home Estimate Zoopraisal®

This property is estimated to sell between: $558,000 and $4,746,000.
Similar properties in this area sold on average for: $558,333
Expected to sell in 52 days. Similar properties sold in 56 days. This home has been on Zoocasa for 4 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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