$2,700,000
For sale: Multiplex

Attention investors, great investment property located right between Kitchener and Waterloo and close to public transit, shopping, the expressway and so much more. This 12 unit apartment building comes with 7 - 2 bedroom units and 5 - 1 bedroom units, each unit has a parking spot, all units are separately hydro metered, recent updates include roof shingles in 2015, water softener in 2015, downspouts, soffits and fascia in 2024 -, coin operated washer in 2026, and 2 hot water heaters that are owned in 2026. Book your appointment today
Sold data
Multiplex homes in Kitchener took a median of 32 days to sell over the last 365 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 65, across 43 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 54 days.
The median sale price was $760,000.
Homes sold for about 3.2% below asking on average, so there was room to negotiate.
About 23% of sales closed above the list price.
Around 21% of sellers reduced their price before finding a buyer.
Based on 43 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Kitchener has 66 Fraser Institute–rated schools (57 elementary and 9 secondary), averaging 5.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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