36 Talbot Street, Kitchener, ON N2M 2A9, Kitchener, ON
Bed 9
Bath 34
Welcome to a rare purpose-built 36 unit investment opportunity in the heart of Kitchener-Waterloo! This purpose-built, 3-storey, 36-unit building situated on 0.8 acres offers a mix of amenities, excellent location, and potential for significant rental income growth. This solid-built property features 24 one-bed units, 10 two-bed units, and 2 bachelor units, all designed with tenant comfort and convenience in mind. Each above-ground unit boasts a private balcony. The building's infrastructure is rock-solid, with recent updates to all windows and balcony sliders ensuring energy efficiency and aesthetic appeal. The roof, with durable rubber membrane since 2010, provides reliable protection and longevity. Parking is never a concern with 33 open parking spots and 11 garage bays, a rare find in this prime location. The building's secured entry and elevator access add to the safety and convenience for all residents. This opportunity not only offers a stable income with several long-term tenants but also holds immense potential for increased rent as tenants transition. Living in Cherry Hill means being at the heart of it all. Just a short stroll to Highland Road, you'll find a variety of grocery stores, restaurants, and other services that cater to daily needs. Nature enthusiasts will enjoy the proximity to the Filzinger Natural Area, an 8-minute walk that leads to the renowned Victoria Park, offering picturesque pathways and green spaces. Downtown Kitchener, just beyond, is home to the KW tech hub, restaurants/retail options, Kitchener City Hall, train station, and the LRT. Commuters will benefit from the close proximity to the Conestoga Expressway, ensuring efficient travel to Waterloo, Cambridge, and the 401.Families will appreciate the nearby schools/community facilities, making this an ideal location for tenants of all ages. Seize this unique opportunity to expand your real estate portfolio with a prime asset.
Property Highlights
For Sale
MLS NO.
X9370328
Type
Residential Freehold
Sub Type
Multiplex
Bedrooms
9
Bathrooms
34
Parking
44.0
Complete Property Details
Property Type
Residential Freehold
Sub Type
Multiplex
Transaction Type
For Sale
Status
Withdrawn
Contract Status
Unavailable
MLS® Number
X9370328
Living Area Range
5000 +
Total Bedrooms
9
Bedrooms Above Grade
9
Total Bathrooms
34
Total Kitchens
9
Kitchens Above Grade
9
Rooms Above Grade
34
Interior Features
Other
Fireplace
No
Construction
Brick
Roof
Flat
Lot Width
120.06
Parking Features
Private
Parking Total
44.0
Covered Spaces
11.0
Garage Type
Built-In
Pool
None
Direction Facing
North
Cooling
None
Heat Source
Gas
Heat Type
Water
Internet Address Display Yn
No
Internet Entire Listing Display Yn
No
Full Address
36 Talbot Street, Kitchener, ON N2M 2A9
City
Kitchener
County / Region
Waterloo
Province / State
ON
Postal Code
N2M 2A9
Cross Street
Belmont Ave
List Price
$7,100,000
Annual Taxes
$68,274
Tax Year
2023
Legal Description
LT 197-205 PL 266 KITCHENER; PT LT 158 STREETS & LANES KITCHENER AS IN 931938; T/W A RIGHT OF WAY FOR ALL PURPOSES, SUBJECT TO THE TERMS OF THE JUDGMENT OF THE ONTARIO SUPERIOR COURT IN COURT FILE NO. CV-19-00000300-0000
Possession Details
Flexible
Listing Office
KELLER WILLIAMS INNOVATION REALTY
Board
Toronto Regional Real Estate Board
Original Entry
2024-09-27T01:27:28Z
Media Updated
2024-09-27T01:27:28Z
Photos Updated
2024-09-27T01:27:28Z
Last Modified
2024-11-21T23:43:39Z
System Modified
2025-10-11T18:37:44.785734Z
MLS Status
Suspended
Architectural Style
3-Storey
Basement
Apartment
Ddfyn
No
Expiration Date
2025-01-26
Foundation Details
Poured Concrete
Heat Source Multi
Gas
Heat Type Multi
Water
Hstapplication
No
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
224410060
Parking Spaces
33
Property Features
Public Transit, Rec./Commun.Centre, School
Public Remarks
Welcome to a rare purpose-built 36 unit investment opportunity in the heart of Kitchener-Waterloo! This purpose-built, 3-storey, 36-unit building situated on 0.8 acres offers a mix of amenities, excellent location, and potential for significant rental income growth. This solid-built property features 24 one-bed units, 10 two-bed units, and 2 bachelor units, all designed with tenant comfort and convenience in mind. Each above-ground unit boasts a private balcony. The building's infrastructure is rock-solid, with recent updates to all windows and balcony sliders ensuring energy efficiency and aesthetic appeal. The roof, with durable rubber membrane since 2010, provides reliable protection and longevity. Parking is never a concern with 33 open parking spots and 11 garage bays, a rare find in this prime location. The building's secured entry and elevator access add to the safety and convenience for all residents. This opportunity not only offers a stable income with several long-term tenants but also holds immense potential for increased rent as tenants transition. Living in Cherry Hill means being at the heart of it all. Just a short stroll to Highland Road, you'll find a variety of grocery stores, restaurants, and other services that cater to daily needs. Nature enthusiasts will enjoy the proximity to the Filzinger Natural Area, an 8-minute walk that leads to the renowned Victoria Park, offering picturesque pathways and green spaces. Downtown Kitchener, just beyond, is home to the KW tech hub, restaurants/retail options, Kitchener City Hall, train station, and the LRT. Commuters will benefit from the close proximity to the Conestoga Expressway, ensuring efficient travel to Waterloo, Cambridge, and the 401.Families will appreciate the nearby schools/community facilities, making this an ideal location for tenants of all ages. Seize this unique opportunity to expand your real estate portfolio with a prime asset.
