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105 DIXON Street, Kitchener — listed at $1,350,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Turn-key investment opportunity offering an attractive 6.36% cap rate! This tenanted six-unit property features a desirable mix of two one-bedroom units and four two-bedroom units, all updated and providing comfortable living spaces for residents. Separate hydro meters simplify utility management, while shared coin-operated laundry offers an additional amenity. Residents can also enjoy a shared green space and a newly paved parking lot with ample parking. An excellent opportunity for investors seeking an established multi-residential property with rental income in place and strong investment potential in the Kitchener market. (id:60164)
Does it have a basement, and is it finished?+
Yes — Finished, Full. A finished basement adds meaningful living space beyond the listed square footage.
Is 105 DIXON Street a good fit for a growing family?+
With 10 bedrooms and 6 bathrooms (7200 sq ft), there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
How is the home heated? Is it efficient?+
Heating is baseboard heaters, radiant heat, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
This home was built in 1963 — what should I watch for?+
Homes from this era may have original wiring, plumbing, or insulation. Key checks: electrical panel (100 vs 200 amp), roof age, furnace age, and whether the basement has ever had water issues. A thorough home inspection is essential.
How is the space laid out across floors?+
This is a 2-storey multi-family. The 10 bedrooms and 6 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
What makes this a luxury property?+
At $1,350,000, standout features include 7200 sq ft, 6 bathrooms. In this price range, expect higher-end finishes — verify during a showing.
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