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$2,099,000
Ontario,Kitchener
For Sale Active
15 FLORAL CRESCENT, Kitchener, Ontario N2G3B3
  • 8,736 Sqft
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Basic Details
Description

Turnkey multi-residential investment in a proven, high-demand rental market. Rockway Gardens Apartments is a well-maintained, solid brick, stick-construction apartment building comprised of 11 spacious one-bedroom units. Family-owned since 2007, the property reflects significant pride of ownership, with extensive major capital improvements completed, including new Weil-McLain boilers (2010), full window replacement (2010-2015), a new roof (2018), water softener system (2021), and

newly paved asphalt parking/driveway-minimizing near-term capital risk. All units are separately metered for hydro, offering strong operational efficiency and upside potential. The property is situated on a generous 0.371-acre lot with 16 on-site parking spaces. Located in the desirable Kingsdale neighbourhood of Kitchener, a quiet, mature area with consistent rental demand, close to Rockway Golf Course, Wilson Park, Kingsdale Community Centre, Fairview Mall, public transit, shopping, and schools, with quick access to the Expressway and major highways. An excellent opportunity to acquire a stabilized asset in a supply-constrained rental market with long-term growth potential. (id:59439)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X12781782
  • Price: $2,099,000
  • Square Footage: 8,736 Sqft
  • Status: Active
  • Office Name: HomeLife Power Realty Inc
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 85076
Features & Appliances
Features
  • Heating System: Natural gas, Hot water radiator heat, Baseboard heaters, Radiant heat
  • Cooling System: None
Address Map
  • Location: CA, Ontario, Kitchener, N2G3B3
  • Street: Floral
  • Street Number: 15
  • Street Suffix: Crescent
  • Longitude: W81° 32' 16.1''
  • Latitude: N43° 26' 15''
Additional Information
  • Water Source:
  • Business Type: Residential
  • Lot Size Dimensions: Bldg=161.66 x 113.19 FT
Financial
  • Tax Annual Amount: 25500
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Listing updated: 2026-03-09 10:24:41
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Listing Information
  • List Agent Key: 2237923
  • List Office Key: 85076
  • Modification Timestamp: 2026-02-25T01:35:57Z
  • Originating System Name: OnePoint Association of REALTORS®
  • Status Change Timestamp: 2026-02-25T01:28:24Z
Powered by REALTOR.ca
Listing updated: 2026-03-09 10:24:41
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