Forest Hill

Forgot password Extend Verify Contact

141 Kipling Avenue
325 - Forest Hill Kitchener N2C 2B8

$3,275,000
Residential Income beds: 0 baths: 0.0 18,150 sq. ft.

View of building exterior
Photo 1: 141 Kipling Avenue in Kitchener: 325 - Forest Hill Multi Family for sale (3 - Kitchener West) : MLS®# 40758535
Photo 2: 141 Kipling Avenue in Kitchener: 325 - Forest Hill Multi Family for sale (3 - Kitchener West) : MLS®# 40758535
Photo 3: 141 Kipling Avenue in Kitchener: 325 - Forest Hill Multi Family for sale (3 - Kitchener West) : MLS®# 40758535
Photo 4: 141 Kipling Avenue in Kitchener: 325 - Forest Hill Multi Family for sale (3 - Kitchener West) : MLS®# 40758535
Photo 5: 141 Kipling Avenue in Kitchener: 325 - Forest Hill Multi Family for sale (3 - Kitchener West) : MLS®# 40758535
Status:
Active
Prop. Type:
Residential Income
MLS® Num:
40758535
Rockway low-rise with stable in-place income and clear mark-to-market upside. 16 suites (10×2BR, 5×1BR, 1×3BR) in a 1980 walk-up, separately metered hydro, gas-furnace common systems, and roof replaced Oct 2023. Several suites have been updated with modern finishes; others remain in clean, rent-ready condition—ideal for an investor to capture organic rent growth on turnover without a heavy CapEx program. On-site laundry (2), 16 storage lockers, and 17 surface parking stalls. Family-friendly pocket near parks, schools, Fairway shopping, and transit including Courtland buses & Block Line LRT. R-6 zoning. Strong tenant appeal today with additional upside through suite refreshes as leases roll.
Property Type:
Residential Income
Property SubType:
Multi Family
Listing General Location:
325 - Forest Hill, 3 - Kitchener West
Bedrooms:
0
Bathrooms:
0.0 (Full:-/Half:-)
Lot Details:
170 x
Lot Frontage:
170'
Kitchens:
0
County Or Parish:
Waterloo
Taxes:
Features:
Crops Included: No, Garage: No, New Construction: No
Construction:
Brick
Basement:
Full, Partially Finished
Roof:
Flat
Number of Storeys:
3
Number of Buildings:
0
Total Floor Area:
18,150 sq. ft.
Finished Area Above Grade:
18,150 sq. ft.
Fireplace:
false
Laundry Features:
Coin Operated, Common Area
Water Supply:
Municipal
Sewer:
Sewer (Municipal)
Cooling:
None
Heating:
Natural Gas
Hot Water Tank Owned,Existing Fridges, Stoves, Shared Laundry Equipment, Storage Lockers.
Hot Water Tank Owned
Any Tenant Belongings.
Built-In Appliances, Separate Heating Controls, Separate Hydro Meters
false
No
Courtland Ave E to Walton Ave & Kipling Ave
No
HST Applicable To Sale Price:
Yes
Association Fee:
Association Fee Frequency:
Association Fee 2:
Association Fee 2 Frequency:
Administrative Fee:
Features:
Crops Included: No, Garage: No, New Construction: No
Road Access Fee:
Zoning:
R2
Lot Site Features:
Ample Parking, City Lot, Public Transit, Rec./Community Centre, Schools
Features:
Crops Included: No, Garage: No, New Construction: No
# Of Total Parking Spaces:
18.0
# Of Open Parking Spaces:
18.0
Driveway Parking:
Outside/Surface/Open
Num Apartment Units:
0
Num Bachelor Units:
0
Num Efficiency Units:
0
Num Loft Units:
0
Num Other Units:
0
Num Penthouse Units:
0
Num Studio Units:
0
Total Units:
Listed Date:
Aug 07, 2025
  • Photo 1: 141 Kipling Avenue in Kitchener: 325 - Forest Hill Multi Family for sale (3 - Kitchener West) : MLS®# 40758535
    View of building exterior
  • Photo 2: 141 Kipling Avenue in Kitchener: 325 - Forest Hill Multi Family for sale (3 - Kitchener West) : MLS®# 40758535
    View of building exterior
  • Photo 3: 141 Kipling Avenue in Kitchener: 325 - Forest Hill Multi Family for sale (3 - Kitchener West) : MLS®# 40758535
    Kitchen with stainless steel appliances, light countertops, tasteful backsplash, light wood-type flooring, and white cabinets
  • Photo 4: 141 Kipling Avenue in Kitchener: 325 - Forest Hill Multi Family for sale (3 - Kitchener West) : MLS®# 40758535
    Unfurnished living room featuring a baseboard radiator and wood finished floors
  • Photo 5: 141 Kipling Avenue in Kitchener: 325 - Forest Hill Multi Family for sale (3 - Kitchener West) : MLS®# 40758535
    Empty room with wood finished floors and a baseboard radiator

Virtual Tour

Larger map options:
Larger map Satellite map Street View Walkscore
Listed by Real Broker Ontario Ltd.
Data was last updated August 28, 2025 at 01:50 AM (UTC)
Area Statistics
Listings on market:
27
Avg list price:
$1,174,900
Min list price:
$650,000
Max list price:
$26,495,000
Avg days on market:
71
Min days on market:
2
Max days on market:
330
Avg price per sq.ft.:
$376.21
These statistics are generated based on the current listing's property type and located in 3 - Kitchener West. Average values are derived using median calculations. This data is not produced by the MLS® system.
Get market change alerts
Brian Santos
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the London and St. Thomas Association of REALTORS®. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.