169 FIFTH Avenue
Vanier · Kitchener
The facts
- Property type
- Multi-family
- Ownership
- Freehold
- Bedrooms
- 10
- Bathrooms
- 8
- Size
- 4,660 sqft
- Lot
- 0
- Heating
- Natural gas
- Cooling
- Central air conditioning
- MLS® number
- 40856151
About this home
Here is your chance to own a modern, purpose-built fourplex which was constructed only in 2024. This exceptionally built property features two 3-bedroom upper-level units and two 2-bedroom lower-level units, all offering quality finishes and enhanced soundproofing insulation with resilient channel and SonoPan for improved privacy and comfort between units. The property features upgraded kitchen cabinets, countertops and appliances, commercial-grade laminate flooring, commercial steel siding and insulated vertical siding. The rear unit benefits from a covered porch with skylight, while a drainage system around the property provides additional protection and functionality. Each unit is separately metered for utilities, making this an efficient and attractive investment. Excellent tenants are currently in place, providing stable income and peace of mind for the new owner. Residents enjoy a shared common backyard area at the rear. Located in an established family-friendly neighbourhood which is close to amenities, transit, parks, schools and highway access. This is a rare opportunity to acquire a newer, custom built fourplex offering an excellent unit mix, premium construction, upgraded soundproofing, separately metered utilities and strong existing tenancy with an approximate 5.5% cap. (id:59491)
Listed by ERIN GRIESBAUM
Homes like this recently sold for
Recent Multi-family sales in Vanier
Vanier median: $571,500 across 29 sales (90 days)