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$13,500,000
Available - For Sale
Listing ID: X12432929
Offered together as one opportunity: 46-56 College Street and 58 & 64 Weber Street West in downtown Kitchener. Four updated low-rise walk-ups totalling 74 residential suites in a high-demand urban core location. 46-56 College Street (46 suites) offers renovated interiors with modern kitchens, stainless steel appliances, gas fireplaces, and individual thermostats, plus 17 surface parking stalls. 58 & 64 Weber Street West (28 suites) present turnkey interiors with modern kitchens and flooring, heating via in-suite gas fireplaces/baseboards, separate hydro, and 16 surface parking stalls. Prime, walkable location steps to ION LRT, GO Transit, Victoria Park, City Hall, Grand River Hospital, Uptown Waterloo, Market Square, restaurants, and the innovation district. Strong rental demand supported by professional operations with clear rental upside as suites turn over, offering a stable cash-flowing asset with long-term growth potential. Properties are marketed and conveyed together as one transaction on separate PINs with common debt structure, presenting investors with scale, efficiency, and a strong value-add repositioning play. Detailed financials, rent rolls, P&L statements, and property information available to qualified buyers upon execution of a confidentiality agreement.
Price $13,500,000
Taxes: $102,504
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Address: 46 College Stre , Kitchener, N2H 5A1, Waterloo
Postal Code: N2H 5A1
Province/State: Waterloo
Directions/Cross Streets: Weber St W
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Category: Apartment
Building Percentage: T
Total Area: 76,000
Total Area Code:  Square Feet
Maintenance: 0
Heat Type: Baseboard
Central Air Conditioning: No
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Interest Rate: %  
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
REAL BROKER ONTARIO LTD.

46 College Stre , Kitchener, N2H 5A1, Waterloo


 
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At a Glance:
Type: Com - Investment
Area: Waterloo
Municipality: Kitchener
Neighbourhood: Dufferin Grove
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Tax: $102,504
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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