141 Kipling Avenue, Kitchener, Ontario

$3,275,000

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18,150

Square feet

About 141 Kipling Avenue

Rockway low-rise with stable in-place income and clear mark-to-market upside. 16 suites (10×2BR, 5×1BR, 1×3BR) in a 1980 walk-up, separately metered hydro, gas-furnace common systems, and roof replaced Oct 2023. Several suites have been updated with modern finishes; others remain in clean, rent-ready condition—ideal for an investor to capture organic rent growth on turnover without a heavy CapEx program. On-site laundry (2), 16 storage lockers, and 17 surface parking stalls. Family-friendly pocket near parks, schools, Fairway shopping, and transit including Courtland buses & Block Line LRT. R-6 zoning. Strong tenant appeal today with additional upside through suite refreshes as leases roll. (id:6289)

Features of 141 Kipling Avenue

Listing # 40758535
Price $3,275,000
Bathrooms 0.00
Square Footage 18,150
Acres 0.00
Type Multi-family
Sub-Type Freehold

Community Information

Address 141 Kipling Avenue
Subdivision 325 - Forest Hill
City Kitchener
Province Ontario
Postal Code N2C2B8

Amenities

Amenities Public Transit, Schools
Features Laundry- Coin operated
Parking Spaces 18
Is Waterfront No
Has Pool No

Interior

Heating Natural gas
Cooling None
Fireplace No
# of Stories 3
Has Basement Yes

Exterior

Exterior Brick

Listing Details

OfficeReal Broker Ontario Ltd.

Listing Map

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Listing information last updated on October 31st, 2025 at 9:16pm PDT.