May 1, 2024
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CFRealty
SOLD FIRM - CONDO TITLED 36 rental apartments in two buildings on a single site. Wood frame walk ups - mostly larger two bedrooms. Improving Kitchener location and the site is around 0.85 acres. 40% of the suites renovated to good quality and 30% to an average quality. Over 40% upside in rents. Low rate financing in place until 2031 +/-$5MM at 2.67%.
Lorenzo Digianfelice
Broker of Record, Partner
(416) 417-9098
ldigianfelice@cfrealty.ca