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15 FLORAL CRESCENT, Kitchener, Ontario, N2G 3B3

MLS® # X12781784
Investment For Sale In Rockway, Kitchener, Ontario
$2,099,000
15 Floral Crescent, Kitchener, ON - Outdoor
15 Floral Crescent, Kitchener, ON - Outdoor
15 Floral Crescent, Kitchener, ON - Outdoor
15 Floral Crescent, Kitchener, ON - Outdoor
15 Floral Crescent, Kitchener, ON - Outdoor
15 Floral Crescent, Kitchener, ON - Outdoor With Facade
15 Floral Crescent, Kitchener, ON - Outdoor With Exterior
15 Floral Crescent, Kitchener, ON - Outdoor
15 Floral Crescent, Kitchener, ON - Outdoor
15 Floral Crescent, Kitchener, ON - Outdoor
15 Floral Crescent, Kitchener, ON - Indoor
15 Floral Crescent, Kitchener, ON - Indoor
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Laundry Room
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Laundry Room
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Laundry Room
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Other Room
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Other Room
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Other Room
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Other Room
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Other Room
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Other Room
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Other Room
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Other Room
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Other Room
15 Floral Crescent, Kitchener, ON - Outdoor
15 Floral Crescent, Kitchener, ON - Outdoor With Exterior
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Other Room
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Other Room
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Other Room
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Other Room
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Bathroom
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Bedroom
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Living Room
15 Floral Crescent, Kitchener, ON - Indoor
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Living Room
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Kitchen
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Kitchen
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Kitchen
Floorplan of Units - 15 Floral Crescent, Kitchener, ON - Other
Floorplan of Laundry & Utility Room - 15 Floral Crescent, Kitchener, ON - Other
Virtual Tour
15 Floral Crescent, Kitchener, ON - Outdoor
15 Floral Crescent, Kitchener, ON - Outdoor
15 Floral Crescent, Kitchener, ON - Outdoor
15 Floral Crescent, Kitchener, ON - Outdoor
15 Floral Crescent, Kitchener, ON - Outdoor
15 Floral Crescent, Kitchener, ON - Outdoor With Facade
15 Floral Crescent, Kitchener, ON - Outdoor With Exterior
15 Floral Crescent, Kitchener, ON - Outdoor
15 Floral Crescent, Kitchener, ON - Outdoor
15 Floral Crescent, Kitchener, ON - Outdoor
15 Floral Crescent, Kitchener, ON - Indoor
15 Floral Crescent, Kitchener, ON - Indoor
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Laundry Room
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Laundry Room
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Laundry Room
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Other Room
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Other Room
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Other Room
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Other Room
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Other Room
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Other Room
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Other Room
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Other Room
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Other Room
15 Floral Crescent, Kitchener, ON - Outdoor
15 Floral Crescent, Kitchener, ON - Outdoor With Exterior
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Other Room
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Other Room
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Other Room
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Other Room
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Bathroom
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Bedroom
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Living Room
15 Floral Crescent, Kitchener, ON - Indoor
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Living Room
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Kitchen
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Kitchen
15 Floral Crescent, Kitchener, ON - Indoor Photo Showing Kitchen
Floorplan of Units - 15 Floral Crescent, Kitchener, ON - Other
Floorplan of Laundry & Utility Room - 15 Floral Crescent, Kitchener, ON - Other
  • Advertising
15 FLORAL CRESCENT, Kitchener, Ontario, N2G 3B3
$2,099,000

Property Information:

Turnkey multi-residential investment in a proven, high-demand rental market. Rockway Gardens Apartments is a well-maintained, solid brick, stick-construction apartment building comprised of 11 spacious one-bedroom units. Family-owned since 2007, the property reflects significant pride of ownership, with extensive major capital improvements completed, including new Weil-McLain boilers (2010), full window replacement (2010-2015), a new roof (2018), water softener system (2021), and newly paved asphalt parking/driveway-minimizing near-term capital risk. All units are separately metered for hydro, offering strong operational efficiency and upside potential. The property is situated on a generous 0.371-acre lot with 16 on-site parking spaces. Located in the desirable Kingsdale neighbourhood of Kitchener, a quiet, mature area with consistent rental demand, close to Rockway Golf Course, Wilson Park, Kingsdale Community Centre, Fairview Mall, public transit, shopping, and schools, with quick access to the Expressway and major highways. An excellent opportunity to acquire a stabilized asset in a supply-constrained rental market with long-term growth potential. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Amenities: Separate Heating Controls, Separate Hydro Meters
  • Basement Development: Finished
  • Basement Type: Full
  • Exterior Finish: Brick
  • Floor Space: 5000 - 100000 sqft
  • Foundation Type: Concrete, Poured Concrete
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances: Water softener, Water meter, Dryer, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Amenities Nearby: Golf Nearby, Public Transit, Schools
  • Features: Irregular lot size
  • Floor Space (approx): 5000 - 100000 Square Feet
  • Irregular: Yes
  • Lot Depth: 113.2 Feet
  • Lot Frontage: 161.7 Feet
  • Lot Size: 161.7 x 113.2 FT
  • Zoning: RES-5
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 16

Courtesy of: HomeLife Power Realty Inc

REALTOR.ca  

Location of 15 FLORAL CRESCENT, Kitchener, Ontario, N2G 3B3

Demographic Information of 15 FLORAL CRESCENT, Kitchener, Ontario, N2G 3B3

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$100,364.58

Average Number of Children

1.74

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.49 %

High school certificate or equivalent

32.57 %

Apprenticeship trade certificate/diploma

9.28 %

College/non-university certificate

23.32 %

University certificate (below bachelor)

0.33 %

University Degree

16.0 %

Commuter

Travel To Work

By Car

92.15 %

By Public Transit

4.36 %

By Walking

0.83 %

By Bicycle

0.0 %

By Other Methods

2.66 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

43.55 %

Houses

56.45 %

Own Vs. Rent