Overview
- Updated On:
- August 28, 2023
- 6 Bedrooms
- 6 Bathrooms
- 4,462 ft2
Description
Situated in the revitalized Market District of Kitchener, this newly constructed three-story, mixed-use
development is a prime commercial and residential investment opportunity. The ground floor of the building
offers a spacious 1,482 sq. ft. commercial space. The second and third floors consist of residential units,
comprising four 394 sq. ft. bachelor units and two 701 sq. ft. one-bedroom units respectively. With occupancy
slated for August 2023, this property is ideally located for easy access to a variety of local amenities including
the Kitchener Market, restaurants, cafes, grocery stores, parks, and the LRT station, enhancing the appeal for
prospective tenants. Tech sector employees from industry giants such as Google, Communitech, Apple, and
OpenText will find the location particularly advantageous. The property showcases an exquisite architectural
design featuring a striking exterior, vaulted ceilings on the third floor, and attractive interiors. The inclusion
of numerous balconies and common areas further enhances the appeal. Due to the high standard of
construction, no foreseeable capital expenses are expected in the short to mid-term, making this a compelling
investment prospect.
- Principal and Interest
- Property Tax
- HOA fee