Attention investors and turn-key landlords! Prime Investment Opportunity in High-Demand Kitchener Location! 240 Wilson Avenue presents a turnkey 4-unit residential building in a central Kitchener neighborhood. Well-maintained legal multi-residential fourplex offering strong income potential, excellent unit mix, and minimal vacancy risk in a highly accessible Kitchener neighborhood. Versatile Unit Breakdown: Consists of four spacious, functional units — 2 x 2-Bedroom units (one unit currently vacant getting fresh coat of paint), 1 x 1-Bedroom unit (tenant occupied) , and 1 x Bachelor unit (tenant occupied). Ideal for attracting long-term, high-quality tenants. Ample Parking: Generous paved surface lot featuring 5 dedicated off-street parking spots — a major draw and value-add for local renters. Nestled in an established area with immediate access to public transit, major highways (Conestoga Parkway / Highway 8), shopping at Fairview Park Mall, schools, place of worship , local parks., restaurants and entertainment are just a short walk from your front door. Separate utility metering options and consistent maintenance history make this property an exceptional add to any real estate portfolio. Whether you're looking to buy-and-hold, optimize current rents to market rates, or house-hack by occupying one unit while collecting cash flow from the rest, 240 Wilson Ave offers endless possibilities. Don't miss out on this turnkey addition to your portfolio—book your private showing today! (id:57448)
| MLS® Number | 40861882 |
| Property Type | Multi-family |
| Neigbourhood | Vanier |
| Amenities Near By | Airport, Park, Place Of Worship, Playground, Public Transit, Schools |
| Community Features | Community Centre |
| Features | Conservation/green Belt, Laundry- Coin Operated |
| Parking Space Total | 5 |
| Bathroom Total | 4 |
| Bedrooms Total | 6 |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1960 |
| Cooling Type | None |
| Exterior Finish | Brick, Concrete |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Size Interior | 2,994 Ft2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
| Visitor Parking | |
| Open |
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Airport, Park, Place Of Worship, Playground, Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Frontage | 84 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R-5 |
https://www.realtor.ca/real-estate/30492380/240-wilson-avenue-kitchener
Contact us for more information
Zlatko Ramic
Salesperson
(519) 885-0200
(519) 885-4914
www.remaxtwincity.com/
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