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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

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Listed by Real Broker Ontario Ltd.
Data was last updated August 28, 2025 at 07:50 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:
72
Min days on market:
3
Max days on market:
331
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.
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Brian Santos
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