141 CHANDLER DRIVE, KITCHENER - SOLD
141 CHANDLER DRIVE, KITCHENER, ON
mls #40240360
Presenting 141 Chandler Drive in Kitchener. This five-unit multi-family building was expertly overhauled in 2019 including all new wiring and panels, HVAC systems for each unit, and new hot water heaters. Each unit was separately metered for hydro and tastefully refinished with open-concept layouts, new kitchens and bathrooms.
The two bachelor apartments have their own walkout decks and are currently operated as profitable and professionally managed AirBnB units easily outperforming the larger long-term units in monthly income. Between the AirBnB manager and a long-term property manager also available, this property can be run hands-free for the discerning investor.
With nearly 90k in net-operating income, the CAP rate and return on investment are excellent. Contact the listing agent for a list of income and expenses and a ProForma for investors to consider. Tenants appreciate a bus stop on the corner, amenities a short walk away and quick access to the expressway.
All offers to be considered Wednesday, April 20th, 2022, the Seller reserves the right to reject or accept any offer.
bedrooms
6
Bathrooms
5
year built
50+
Property Size
3597 Sq Ft
lot size
65 Ft Frontage
Property Features
✓ 5 Separate Units
✓ Property Management
✓ Two Means of Egress
✓ Public Transit Access
✓ Decks
✓ Fire Safety/Monitored System
✓ Shopping Amenities
✓ Storage
✓ Washers & Dryers
✓ Laundry Room
✓ Gas Heat
✓ Investment Property
Agent: John Benjamins
About Benjamins Realty
Benjamins Realty is a family-run boutique brokerage with decades of experience serving the Kitchener-Waterloo area. This small, dynamic team works together to sell each property, ensuring that maximum care and expertise is provided to each and every client. Jake Benjamins founded Benjamins Realty in 2002 after working in the real estate market for decades. Since then, his two sons Mark and John have joined the boutique brokerage. Together, this team offers competitive rates, unparalleled customer service, and superior expertise. Give Benjamins Realty a call today and see for yourself.