$11,750,000
Est. payment /mo
69 BD
47 BA
54,000 SqFt
Active
357 HOFFMAN ST Kitchener, ON N2M3N5
UPDATED:
01/24/2023 02:18 PM
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 54,000 sqft
Price per Sqft $217
Subdivision 311 - Downtown/Rockway/S. Ward
MLS® Listing ID 40307528
Bedrooms 69
Originating Board Kitchener-Waterloo Association of REALTORS®
Property Description
Calling on Investors! This 47 unit all brick apartment building is on the market exclusively for the first time in over 30 years. It is fully rented and offers Bachelor, One and Two Bedroom units with walkouts to private balconies (ranging in size from 400-800 sq.ft). The building offers 4 levels that have a laundry room on each level using a cashless card system - wifi monitored. 357 Hoffman has been well maintained - mechanics have all been replaced or refurbished (boiler 2021 - can be controlled remotely, water softener - refurbished 2022, hot water tank- new 2022 years). The hallways are wide and clean and offer lots of natural light from the end windows. There are 35 underground parking spaces along with 35 surface spaces. The grounds are well maintained and the property is ideally located close to the expressway, schools, shopping and Public Transit. A survey is available. Parking and Window A/C are extra costs to the tenants. Building Sq.Ft approx 54,000 sq.ft./Parking Garage + utility rooms approx 5,250 sq.ft (id:24570)
Location
Province ON
Interior
Heating Hot water radiator heat
Cooling None
Exterior
Garage Yes
Community Features School Bus
Waterfront No
View Y/N No
Total Parking Spaces 70
Building
Story 4
Sewer Municipal sewage system
Others
Ownership Freehold