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Elizabeth Pullman

[email protected] +1(905) 329-0460

Listed by Terry Riddoch • RE/MAX REAL ESTATE CENTRE INC.

$ 4,595,000

Est. payment -/mo

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Price Dropped by $195K

267 Traynor Avenue Kitchener, ON N2C 1W7

34 Beds

18 Baths

17,000 SqFt

UPDATED:

10/16/2024 04:41 PM

Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 17,000 sqft

Price per Sqft $270

MLS Listing ID 40635033

Bedrooms 34

Abv Grd Liv Area 17,000

Originating Board Waterloo Region

Year Built 1972

Annual Tax Amount $37,733

Lot Size 0.575 Acres

Acres 0.575

Property Description

Well maintained purpose built 18-unit apartment building on a 0.575 acre lot with significant opportunity to increase revenue. Unit break-down is 17 Two Bed / One Bath units and 1 newly constructed (completion September 2024) One bed / One bath unit. 8 of the 18 units are newly renovated including flooring, kitchens, appliances and bathrooms leaving an opportunity for the new owner to reposition the 10 remaining units. Revenue may further be increased by the introduction of parking surcharges on turn-over. The building is located in a very attractive area in terms of investment that will appeal to Tenants with easy access to public transportation, including the Region’s Light Rail Transit (LRT) system, schools, regional shopping mall, the expressway (to 401), and a variety of grocery & drug stores, restaurants, medical and dental offices as well as other shopping opportunities.

Location

Province ON

County Waterloo

Area 3 - Kitchener West

Zoning R7

Direction South side Traynor between Belwood and Balfour

Rooms

Basement None

Kitchen 0

Interior

Interior Features None

Heating Natural Gas, Radiant

Cooling None

Fireplace No

Appliance Dishwasher, Dryer, Refrigerator, Stove, Washer

Laundry In-Suite, Other

Exterior

Waterfront No

Roof Type Tar/Gravel

Lot Frontage 127.74

Garage No

Building

Lot Description Ample Parking, Business Centre, High Traffic Area, Highway Access, Major Anchor, Public Transit, Regional Mall, School Bus Route

Faces South side Traynor between Belwood and Balfour

Story 3

Foundation Other

Sewer Sewer (Municipal)

Water Municipal

New Construction No

Others

Senior Community No

Tax ID 225930008

Ownership Freehold/None

Elizabeth Pullman

Advisor | License ID: 4780123

+1(905) 329-0460

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