$3,350,000
35.96 BTC
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115 Kraft Avenue, Kitchener
$3,350,000
PRICE
28
BEDROOMS
15
BATHROOMS
X12970098
MLSID

115 Kraft Avenue, Kitchener

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**
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Summary

Address
115 Kraft Avenue
MLSID
X12970098
Property Type
Multiplex
Property Category
Bedrooms
28
Bathrooms
15
Kitchens
15
Taxes (Annual)
$36,526.00
Tax Year
2025
Published
April 8, 2026
Days on Market
57 Days
Possession Type
Flexible
Possession Details
Flexible
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Details

Property Features
Public Transit
Security Features
Alarm System, Security System
Bathroom 1
4-Piece Third Level
Bathroom 2
4-Piece Second Level
Bathroom 3
4-Piece Ground Level
Basement
Finished
Interior Features
Built-In Oven, Intercom
Parking Spaces
18
Parking Total
18
Parking Features
Available
Architectural Style
2 1/2 Storey
Roof
Flat, Tar And Gravel
Construction Materials
Concrete Block
Lot Width
102 Feet
Lot Depth
230 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Water
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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