CAONKitchener142-146 Fergus Ave
142-146 Fergus Ave, Home with 0 bedrooms, 0 bathrooms and null parking in Kitchener ON | Image 1
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$3,690,000

142-146 Fergus Ave, Kitchener, ON

Real Estate

For Sale

$--,---,---
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  • Key Facts
  • Description
  • Map

Key Facts

Type Commercial Land
Levels Commercial Sale
Size -
Garage Yes
Maintenance Fees 
Taxes $9,572
Days Active 0
Approx. Age 
MLS® Number X12145095

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Kitchener Purpose-Built Rental For Sale or JV! Nearly approved 88-unit (potential 118) project with CMHC MLI Select eligibility. Ideal for market, affordable, senior, or student housing. Estimated $45M build with potential 50-year amortization. Cash/equity as low as ~$2.2M, depending on sponsor net worth and CMHC approval. Site: 0.965 acres, 72, 616 SF GFA, 89 parking stalls, 28 bike spaces. Projected $3.15M gross rent, $2.3M NOI, 7% stabilized cap. As-is appraisal $6.8M (July 2024); asking $5M. Prime location near GO, schools, shopping & jobs. Rare chance for secure long-term income.Show Description
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No Data
Walk Score®
-
No Data
Transit Score®
-
No Data
Bike Score®
MLS® NumberX12145095
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatGas Forced Air Closed
A/CYes
Heating Fuel

Extras

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