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$ 1,800,000

125 Water Street N, Kitchener, ON, N2H 5B1

Listing ID# 30591823
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RE/MAX Collection

$ 1,800,000

  • 125 Water Street N
    Kitchener, ON N2H 5B1
  • Listing ID 30591823
  • Building type: Multi-Family
  • Building Style: 2 1/2 Storey
  • Living space: 4483 sq ft
  • Status: For Sale/Active
  • Basements: Fully Finished, Full, Walk-Up
  • Parking Type: Private Single Wide
  • Garage Type: Detached
  • Gas: Gas
  • Heating: Forced Air
  • Occupancy: Owner P
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Property Description

Established 27 bed home for special needs in Kitchener core serving ambulatory clients with emotional and intellectual disabilities. Fully occupied and all residents have their rent paid directly by government agencies. Newly renovated facility with sprinkler system installed. New kitchen and dining area for 28 residents. Parking for 18 vehicles. This is a very stable and high demand business and facility due to prime location and highly desirable reputation. Owner willing to stay through transition and will assist in succession planning and training with new owner. Owners retiring. Great opportunity for entrepreneurial social worker, personal support worker and health care professionals to operate and generate great income or for arms length investors with experience managing health or care facilities. Cap rate of over 9%




Demographics

Civic Center Property Overview
68%Rent 32%Own
  • Detached 228
  • Duplex 84
  • Semi-Det. 21
  • Low-Rise 12
$ 318 k

Average Home Price in Civic Center

53 years

Average home age in Civic Center

Household Size
1,089Non-family 644One-family 3Multi-family
Household size (# people)
  • 11,183
  • 2394
  • 3100
  • 4-555
  • 6+5
Household Income in Civic Center
83.5%Employed 10.1%Unemployed 6.4%Self-Employed
  • White Collar 865
  • Blue Collar 415
$ 56 k

Average income

47 years

Average age

Education
  • Certificate, diploma, degree 2,291
  • High School 770
  • No Certificate 654
  • College 459
  • Apprenticeship 206
Marital Status in Civic Center
40%Single 31%Married 29%Other
Age groups
  • 0-1911%
  • 20-2916%
  • 30-4929%
  • 50+44%

Points of interest and Comparables - Civic Center

top

$353,440*

average price

-6.39%

market trend

* - average price based on 13 comparable properties in the neighbourhood
# date listed bed/bath
1 $1,800,000
2 $980,000
3 $825,000
14 Canters Close, Kitchener, ON
RE/MAX Collection
Single Family
14 Canters Close
Kitchener
Listing courtesy of RE/MAX TWIN CITY REALTY INC.
$1,799,000
  • 6 bd
  • 3 + 1 ba
  • 5789 sq ft
  • 6 schools
Add to favourites
lot #4 Regal Place, Waterloo, ON
RE/MAX Collection
Single Family
lot #4 Regal Place
Waterloo
Listing courtesy of RE/MAX TWIN CITY REALTY INC.
$1,615,000
  • 3 bd
  • 3 + 1 ba
  • 3218 sq ft
  • 6 schools
Add to favourites
688 MEADOWSWEET Avenue, Waterloo, ON
House
688 MEADOWSWEET Avenue
Waterloo
Listing courtesy of COMFREE COMMONSENSE NETWORK
$1,650,000
  • 4 bd
  • 4 ba
  • 9
  • 6 schools
Add to favourites
5010 Crowsfoot Road, Waterloo, ON
House
5010 Crowsfoot Road
Waterloo
Listing courtesy of CENTURY 21 HERITAGE HOUSE LTD.
$1,590,000
  • 4 bd
  • 6 ba
  • 20
  • 4300 sq ft
  • 6 schools
43 River Run Place, Conestogo, ON
RE/MAX Collection
Single Family
43 River Run Place
Conestogo
Listing courtesy of RE/MAX TWIN CITY REALTY INC.
$1,599,800
  • 5 bd
  • 4 + 2 ba
  • 2800 sq ft
  • 6 schools
Add to favourites
7 Grand River Drive, Waterloo, ON
RE/MAX Collection
Single Family
7 Grand River Drive
Waterloo
Listing courtesy of RE/MAX TWIN CITY REALTY INC.
$1,595,000
  • 4 bd
  • 5 + 2 ba
  • 5345 sq ft
  • 6 schools
Add to favourites
L9 Regal Place, Waterloo, ON
RE/MAX Collection
Single Family
L9 Regal Place
Waterloo
Listing courtesy of RE/MAX TWIN CITY REALTY INC.
$1,595,000
  • 4 bd
  • 3 + 1 ba
  • 3030 sq ft
  • 6 schools
Add to favourites
Lt 9 Chestnut Ridge, Waterloo, ON
RE/MAX Collection
Single Family
Lt 9 Chestnut Ridge
Waterloo
Listing courtesy of RE/MAX TWIN CITY REALTY INC.
$1,538,500
  • 4 bd
  • 3 + 1 ba
  • 3964 sq ft
  • 6 schools
Add to favourites
909 Deer Ridge Court, Kitchener, ON
RE/MAX Collection
Single Family
909 Deer Ridge Court
Kitchener
Listing courtesy of RE/MAX REAL ESTATE CENTRE INC.
$1,895,000
  • 4 bd
  • 2 + 2 ba
  • 3826 sq ft
  • 6 schools
Add to favourites
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125 Water Street, Kitchener, ON
RE/MAX Collection
Multi-Family
125 Water Street
Kitchener
Listing courtesy of RE/MAX TWIN CITY REALTY INC.
$1,800,000
  • 4483 sq ft
  • 7 schools
Add to favourites
125 Water Street, Kitchener, ON
Commercial
125 Water Street
Kitchener
Listing courtesy of RE/MAX TWIN CITY REALTY INC.
$1,800,000
  • 6700 sq ft
Add to favourites
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