115 Kraft Avenue, Kitchener, ON

$3,350,000
MLS#:X12970098
28 beds
15 baths
5000 + sqft
18.0 parking
Residential Freehold
Loading property media...

Description

Property Highlights

Welcome to this remarkable ["2 1/2 Storey"] multiplex located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium concrete block construction, this residence presents an exceptional opportunity offered at $3,350,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 28 Bedrooms and 15 Bathrooms with 15 functional kitchens
  • Generous living space spanning 5000 + sqft on a premium 102 x 230 ft lot
  • Features a ["finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 18.0 total parking spaces available
  • Notable attributes: Built-In Oven, Intercom
  • equipped with ["none"] central cooling and highly efficient water heating via gas

Excellent opportunity for multi-family investors to acquire a 15-suite apartment building with strong value-add potential. The property includes 1 bachelor suite, 1 one-bedroom suite, and 13 predominantly two-bedroom suites, with approximately half recently renovated, appealing to a broad tenant base and supporting strong cash flow. Ideally located directly off Highway 8 and just minutes from the 401, with access from two streets and ample parking, the building offers exceptional convenience and exposure near local amenities. With rents currently below market, there is significant upside through strategic renovations and tenant turnover, making this a rare opportunity to secure a stable, income-producing asset with long-term growth potential.**INTERBOARD LISTING: CORNERSTONE ASSOCIATION OF REALTORS**

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Key Features

Bedrooms
28
Bathrooms
15
Kitchens
15
Living Area
5000 + sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date3/25/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeMultiplex
ConstructionConcrete Block
Lot Size102 × 230 Feet
CountyWaterloo
Annual Tax$36,526
Legal DescriptionLT 2, 7-8 PL 1120 KITCHENER

Parking & Garage

Parking Spaces18.0
Garage Spaces18
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeWater
Cooling["None"]

Features

Property Features

Public Transit

Community Features

Location

Initializing map...
115 Kraft Avenue, Kitchener, ON

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 115 Kraft Avenue, Kitchener, ON N2A 2J2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...
Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.
Financial Audit

Estimated Costs

Loan Amount$2,680,000
Monthly Mortgage$15,572
Property Tax (Est.)$3,044
Utilities & Maint.$350
Total Monthly Cost$18,966

Strategic Fiscal Clarity

Informed buyers do not make decisions based on list price alone. This analysis ensures your transition to a superior residence is supported by absolute fiscal certainty.

Professional Advisory Access

Nearby Listings

Distance:

No current listings found in Kitchener.

115 Kraft Avenue, Kitchener - 28 Bed 15 Bath Home For Sale | MLS# X12970098 | ZooZaa | SousaSells Real Estate