Prop. Type:
Commercial Sale
Well established 6 unit townhouse property on back to back units. Newer windows, upgraded siding, upgraded insulation, newer fences. All 6 have 2 bedrooms, kitchen and living room with full basements. Gas fired water heather with hot water heating. Long term tenants in a well maintained building. 4 pay their own hydro. Sufficient parking and on a bus route. Close to downtown, shopping, pool, library, expressway, churches, and schools. 5.0 cap rate good return with ample income growth when new tenants come in. 2026 rent scheduled at $127 500.
General Info:
Property Type:
Commercial Sale
Property SubType:
Hospitality, Building and Land
Year built:
1974
(Age: 52)
Listing General Location:
323 - Victoria Hills, 3 - Kitchener West
Bedrooms:
0
Bathrooms:
-
(Full:-/Half:-)
Lot Details:
118.3 x 127.22
Lot Depth:
127'3" 38.8 m
Lot Frontage:
118'4" 36.1 m
Kitchens:
0
County Or Parish:
Waterloo
Taxes:
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Additional Info:
Features:
Attached Garage: No, Crops Included: No, Garage: No, Common Elements Fee: No, Crane: No, New Construction: No
Construction:
Aluminum Siding, Brick Veneer, Concrete, Shingle Siding
Basement:
Full
Foundation:
Poured Concrete
UFFI:
No
Number of Storeys:
2
Total Floor Area:
6,150 sq. ft. 571 m2
Electricity:
Single Phase, 200 Amp Service
Fireplace:
false
Water Supply:
Municipal
Water Treatment:
No
Sewer:
Sewer (Municipal)
Features Included:
Washer & Dryer In Unit 3, Stove And Fridge, Washer And Dryer In Unit 4&5, Stove And Fridge In Units 1,2,6
Features Excluded:
Tenants Belongings
Interior Features:
High Speed Internet
Directions:
South of Victoria past Westmount and right onto Hazelglen Drive
Security Features:
Carbon Monoxide Detector(s)
Financial Info:
Association Fee:
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Association Fee Frequency:
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Association Fee 2:
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Association Fee 2 Frequency:
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Administrative Fee:
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Features:
Attached Garage: No, Crops Included: No, Garage: No, Common Elements Fee: No, Crane: No, New Construction: No
Road Access Fee:
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Insurance Expense:
$4,365.36
Expenses:
Actual
TMI Expenses:
$700
Utilities Expense:
15952.34
Year Expenses:
$10,215
Net Income:
$80,577.73
Vacancy Allowance:
2000
Land Info:
Structures:
Hotel/Motel
Total Acres:
1391
Fencing:
Fenced
Divisible:
Yes
Utilities:
Electricity Connected, Garbage/Sanitary Collection, Natural Gas Connected, Recycling Pickup, Street Lights, Phone Connected
Lot Site Features:
Highway Access, Hospital, Public Transit, Schools
Features:
Attached Garage: No, Crops Included: No, Garage: No, Common Elements Fee: No, Crane: No, New Construction: No
Parking:
Asphalt
# Of Total Parking Spaces:
10.0
Parking # On Site:
10
Road Frontage Type:
Municipal Road
Rail:
No
# Commercial Doors:
0
Residential Revenue Info:
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:
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Listing Info:
Listed Date:
Jun 01, 2026