Property Details

125 Water Street North , Kitchener Ontario, N2H5B1

125 Water Street North , Kitchener Ontario
Representative
Bonnie Greenwood portrait
Bonnie Greenwood
Sales Representative
Keller Williams Golden Triangle Realty Inc. Brokerage
Cell: 519-404-6887
Tel: 226-336-9860

$1,800,000 - For sale

MLS®:30591823

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%

Property Details
  • Property Type:Multi-family
  • Acreage:under 1/2 acre
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
  • Driveway:Detached garage
Structure Details
  • Structure Style:Multi-Family
  • Square Footage:4483 sqft
  • Heating Type:Natural gas, Forced air
  • Exterior Type:Aluminum siding, Brick, Stucco
Amenities Paved driveway
Representative
Bonnie Greenwood portrait
Bonnie Greenwood
Sales Representative
Keller Williams Golden Triangle Realty Inc. Brokerage
Cell: 519-404-6887
Tel: 226-336-9860
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