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206 INDIAN Road, Kitchener, Ontario, N2B 2S9

MLS® # 40833907

Investment For Sale In Heritage Park, Kitchener, Ontario

$1,900,000

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Three-story brick exterior building featuring individual balconies with white railings - 206 Indian Road, Kitchener, ON - Outdoor

Three-story multi-family building with brick exterior and recessed balconies - 206 Indian Road, Kitchener, ON - Outdoor With Facade

Multi-story building featuring brick and vertical panel siding - 206 Indian Road, Kitchener, ON - Outdoor

Living area featuring wood-finish flooring, light-colored walls, and a large sliding glass door - 206 Indian Road, Kitchener, ON - Indoor

Open concept living area with wood-finish flooring, sliding glass door to a balcony, and abundant natural light - 206 Indian Road, Kitchener, ON - Indoor

Kitchen featuring two-tone cabinetry with light upper and dark lower units, a white electric range, and a white refrigerator - 206 Indian Road, Kitchener, ON - Indoor Photo Showing Kitchen

Efficient kitchen featuring white appliances, two-tone cabinetry with light upper and dark lower units, a double basin stainless steel sink with a high-arc faucet, and wood-finish flooring - 206 Indian Road, Kitchener, ON - Indoor Photo Showing Kitchen With Double Sink

206 Indian Road, Kitchener, ON - Indoor

Private balcony featuring metal railings and opaque panels, with a natural green backdrop - 206 Indian Road, Kitchener, ON - Outdoor With Exterior

Bathroom featuring a white vanity with a light-toned countertop, a rectangular undermount sink with a chrome faucet, a wall-mounted mirror, and a white toilet - 206 Indian Road, Kitchener, ON - Indoor Photo Showing Bathroom

Bathroom featuring a vanity with a light-toned countertop, a rectangular mirror, and an overhead three-bulb light fixture - 206 Indian Road, Kitchener, ON - Indoor Photo Showing Bathroom

Spacious room featuring wood-finish flooring, a window offering natural light, and a ceiling-mounted light fixture - 206 Indian Road, Kitchener, ON - Indoor Photo Showing Bedroom

Bedroom featuring light-tone walls, wood-finish flooring, two bi-fold closet doors, and a flush-mount ceiling light - 206 Indian Road, Kitchener, ON - Indoor Photo Showing Bedroom

Multi-level staircase featuring speckled treads, dark risers, and a wooden handrail - 206 Indian Road, Kitchener, ON - Indoor Photo Showing Other Room

Stairwell featuring a multi-paned window - 206 Indian Road, Kitchener, ON - Indoor Photo Showing Other Room

Staircase featuring dark wood risers and speckled treads - 206 Indian Road, Kitchener, ON - Indoor Photo Showing Other Room

206 Indian Road, Kitchener, ON - Indoor Photo Showing Other Room

206 Indian Road, Kitchener, ON - Outdoor

206 Indian Road, Kitchener, ON - Outdoor With Exterior

206 Indian Road, Kitchener, ON - Outdoor With Exterior

206 Indian Road, Kitchener, ON - Indoor

206 Indian Road, Kitchener, ON - Indoor Photo Showing Other Room

Image quality insufficient for description - 206 Indian Road, Kitchener, ON - Indoor Photo Showing Basement

Image quality insufficient for description - 206 Indian Road, Kitchener, ON - Indoor

Three-story brick exterior building featuring individual balconies with white railings - 206 Indian Road, Kitchener, ON - Outdoor

Three-story multi-family building with brick exterior and recessed balconies - 206 Indian Road, Kitchener, ON - Outdoor With Facade

Multi-story building featuring brick and vertical panel siding - 206 Indian Road, Kitchener, ON - Outdoor

Living area featuring wood-finish flooring, light-colored walls, and a large sliding glass door - 206 Indian Road, Kitchener, ON - Indoor

Open concept living area with wood-finish flooring, sliding glass door to a balcony, and abundant natural light - 206 Indian Road, Kitchener, ON - Indoor

Kitchen featuring two-tone cabinetry with light upper and dark lower units, a white electric range, and a white refrigerator - 206 Indian Road, Kitchener, ON - Indoor Photo Showing Kitchen

Efficient kitchen featuring white appliances, two-tone cabinetry with light upper and dark lower units, a double basin stainless steel sink with a high-arc faucet, and wood-finish flooring - 206 Indian Road, Kitchener, ON - Indoor Photo Showing Kitchen With Double Sink

206 Indian Road, Kitchener, ON - Indoor

Private balcony featuring metal railings and opaque panels, with a natural green backdrop - 206 Indian Road, Kitchener, ON - Outdoor With Exterior

Bathroom featuring a white vanity with a light-toned countertop, a rectangular undermount sink with a chrome faucet, a wall-mounted mirror, and a white toilet - 206 Indian Road, Kitchener, ON - Indoor Photo Showing Bathroom

Bathroom featuring a vanity with a light-toned countertop, a rectangular mirror, and an overhead three-bulb light fixture - 206 Indian Road, Kitchener, ON - Indoor Photo Showing Bathroom

Spacious room featuring wood-finish flooring, a window offering natural light, and a ceiling-mounted light fixture - 206 Indian Road, Kitchener, ON - Indoor Photo Showing Bedroom

Bedroom featuring light-tone walls, wood-finish flooring, two bi-fold closet doors, and a flush-mount ceiling light - 206 Indian Road, Kitchener, ON - Indoor Photo Showing Bedroom

Multi-level staircase featuring speckled treads, dark risers, and a wooden handrail - 206 Indian Road, Kitchener, ON - Indoor Photo Showing Other Room

Stairwell featuring a multi-paned window - 206 Indian Road, Kitchener, ON - Indoor Photo Showing Other Room

Staircase featuring dark wood risers and speckled treads - 206 Indian Road, Kitchener, ON - Indoor Photo Showing Other Room

206 Indian Road, Kitchener, ON - Indoor Photo Showing Other Room

206 Indian Road, Kitchener, ON - Outdoor

206 Indian Road, Kitchener, ON - Outdoor With Exterior

206 Indian Road, Kitchener, ON - Outdoor With Exterior

206 Indian Road, Kitchener, ON - Indoor

206 Indian Road, Kitchener, ON - Indoor Photo Showing Other Room

Image quality insufficient for description - 206 Indian Road, Kitchener, ON - Indoor Photo Showing Basement

Image quality insufficient for description - 206 Indian Road, Kitchener, ON - Indoor

Advertising

206 INDIAN Road, Kitchener, Ontario, N2B 2S9

$1,900,000

Property Information:

Excellent investment opportunity! Well-maintained 10-plex in a quiet Kitchener neighborhood with convenient highway access. Features eight 1-bedroom units and two 3-bedroom units, each with a locker and surface parking. Coin-operated laundry on site. Numerous updates: 4 apartments fully renovated in recent years, new hot water heating boiler in 2024 . Easy to manage with strong income and excellent tenants. A true turn-key property in a desirable area! (id:27)

Building Features:

Style: Multiplex
Basement Development: Partially finished
Basement Type: Full
Exterior Finish: Brick
Floor Space: 8300 sqft
Heating Type: Baseboard heaters
Heating Fuel: Natural gas
Cooling Type: None

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Amenities Nearby: Playground
Built in: 1967
Features: Laundry- Coin operated
Floor Space (approx): 8300 Square Feet
Irregular: Yes
Lot Depth: 120 Feet
Lot Frontage: 120 Feet
Lot Size: 0.33 Acres
Zoning: Res-5
Sewer: Municipal sewage system
Parking Type: Visitor parking, Open
No. of Parking Spaces: 12

Courtesy of: RED AND WHITE REALTY INC.

Rating:

Notes:

Market Price Trends

Single family detached

0.14%

Price change (1 year)

27.45%

Price change (5 years)

All Properties

0.07%

Price change (1 year)

27.59%

Price change (5 years)

Location of 206 INDIAN Road, Kitchener, Ontario, N2B 2S9

Lifestyle
Neighbourhood

Demographic Information of 206 INDIAN Road, Kitchener, Ontario, N2B 2S9

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$96,054.52

Average Number of Children

1.85

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.0 %

High school certificate or equivalent

33.41 %

Apprenticeship trade certificate/diploma

6.85 %

College/non-university certificate

20.65 %

University certificate (below bachelor)

0.06 %

University Degree

18.03 %

Commuter

Travel To Work

By Car

89.88 %

By Public Transit

2.64 %

By Walking

3.62 %

By Bicycle

0.44 %

By Other Methods

3.42 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

40.73 %

Houses

59.27 %

Own Vs. Rent

206 INDIAN Road, Kitchener, Ontario, N2B 2S9 $1,900,000 MLS® # 40833907