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169 FIFTH Avenue, Kitchener — listed at $1,749,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
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:60164)
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
What makes this a luxury property?+
At $1,749,900, standout features include 4660 sq ft, 8 bathrooms. In this price range, expect higher-end finishes — verify during a showing.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $10,166, heating is natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the space laid out across floors?+
This is a 2-storey multi-family. The 10 bedrooms and 8 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
Is 169 FIFTH Avenue a good fit for a growing family?+
With 10 bedrooms and 8 bathrooms (4660 sq ft), there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
Does it have a basement, and is it finished?+
Yes — Finished, Full. A finished basement adds meaningful living space beyond the listed square footage.
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