Matt Rooney

RE/MAX Twin City Realty Inc

Direct 226-808-1305

Office 519-579-4110

Email: mattrooney@remax.net

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125 WATER Street N
Kitchener N2H5B1

$1,600,000
Multi-family

Main Photo: 125 WATER Street N in Kitchener: Multi-family for sale : MLS® # 30633509
Prop. Type:
Multi-family
MLS® Num:
30633509
Status:
Active
27 Bed residential group home for mobile clients with intellectual and emotional challenges. Facility provides, room and board plus assistance and monitoring of clients to assist them in healthy living. Great business and location for investors or owner operators with experience in the Health Care and or Care Home field. Thriving business has a great reputation and backlog of clients waiting for space to move in. Payment directly from Provincial Pensions and other agencies supporting these clients. 23 small private rooms and 2 doubles. Newly renovated and updated building with full sprinkler and fire code updates. 28 seat dining room and kitchen, Office, private studio living quarters for supervisor or owner's quarters. Located in the high tech zone across the street from future transit hub. Operate this profitable business for a number of years and retire on the increase in land value in this rapidly developing area of town. 24 hour supervision required and not suitable to investors who want hands off, arms length multifamily property. (id:2493)
Property Type:
Multi-family
Size Interior:
4,833 sq. ft.
Transaction Type:
For sale
Zoning:
mu2
Ownership Type:
Freehold
Features:
Paved driveway
Rental Equipment:
Water Heater
Building Type:
Multi-Family
Home Style:
Multi-Unit
Construction Style Attachment:
Detached
Cooling:
Air Conditioned, Central air conditioning
Equipment:
Water Heater
Exterior Finish:
Brick, Stucco
Fireplace:
No
Fire Protection:
Fire alarm system, Full Sprinkler System, Smoke Detectors, Sprinkler System-Fire
Foundation:
Poured Concrete
Heating:
Forced air
Heating Fuel:
Natural gas
# Storeys:
2.5
Water:
Municipal water
Sewer:
Sanitary sewer
Basement:
Full (Finished)
Basement Development:
Finished
Lot Frontage:
67'
Lot Depth:
174'
Lot Size:
under 1/2 acre
Total Parking Spaces:
17
Parking Type:
Detached garage
  • Photo 1: 125 WATER Street N in Kitchener: Multi-family for sale : MLS® # 30633509
    Photo 1 of 2
  • Photo 2: 125 WATER Street N in Kitchener: Multi-family for sale : MLS® # 30633509
    Photo 2 of 2
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KEVIN KALBFLEISCH of RE/MAX TWIN CITY REALTY INC.
Listing information last updated on 16-Feb-2018 4:40 AM
MATT ROONEY
The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association.