$1,889,000
Available - For Sale
Listing ID: X12099084
6 Hoffman Stre , Kitchener, N2M 3M4, Waterloo


Prime Investment Opportunity in Kitchener!Looking for a high-potential, cash-flowing property with room to grow? This is it!This turn-key 6-unit commercial building is ideally located just minutes from DowntownKitchener and major highways (Hwy 7, 8, and 401), making it a prime spot for a wide range of businesses.Each unit comes with its own office, washroom, furnace, separate entrance, and shipping/loading door offering convenience and flexibility for tenants.With only one unit on a long-term lease and five on month-to-month, theres a huge opportunity to raise rents to current market value or re-tenant strategically.Current tenants are month to month, ready to sign a new lease with a higher amount.Zoned M2 with exciting potential for rezoning and future development, this property is a rare find for investors and developers alike.Strong revenue, flexible leases, development up side this one checks all the boxes! Don't miss out.
Price $1,889,000
Taxes: $13697.00
Tax Type: Annual
Occupancy: Tenant
Address: 6 Hoffman Stre , Kitchener, N2M 3M4, Waterloo
Postal Code: N2M 3M4
Province/State: Waterloo
Legal Description: Part Lot 9 Plan 870 As In 928385
Directions/Cross Streets: Ottawa St S/ Hoffman St
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Multi-Unit
Use: Other
Building Percentage: T
Total Area: 9998.00
Total Area Code:  Square Feet
Office/Appartment Area: 1499
Office/Appartment Area Code: Sq Ft
Office/Appartment Area Code: Sq Ft
Retail Area Code: %
Financial Statement: F
Franchise: F
Expenses Actual/Estimated: $Est
Sprinklers: No
Washrooms: 0
Rail: N
Clear Height Feet: 0
Truck Level Shipping Doors #: 8
Double Man Shipping Doors #: 0
Drive-In Level Shipping Doors #: 0
Grade Level Shipping Doors #: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX MILLENNIUM REAL ESTATE
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Austin Sold Group Inc
Broker
Dir:
6479397174
Bus:
905-695-7888
Fax:
905-695-0900
 
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At a Glance:
Type: Com - Industrial
Area: Waterloo
Municipality: Kitchener
Neighbourhood: Dufferin Grove
Style:
Lot Size: x 137.45(Feet)
Approximate Age:
Tax: $13,697
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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