For Sale: 15 Floral Crescent, Kitchener, ON - REW
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$2,099,000
0 bd ba 8736 sf Multifamily

15 Floral CrescentKitchener, ON, N2G 3B3

  • 0 Bed
  • Bath
  • 8736 Sqft
  • Multifamily

About this home

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:63626)
Listed by: ROB PIOMBINI, Broker, HomeLife Power Realty Inc

Home facts and features

Price details
List Price
Gross Taxes for 2026
$25,500
Home facts
Bedrooms
0
Full Bathrooms
Parking Spaces
16
Property Type
Multifamily
Depth
113.19 feet
Frontage
161.7 feet
Heating Type
Hot water radiator heat, Baseboard heaters, Radiant heat, Natural gas
Appliances
Dryer, Washer, Water softener
Agent details
Primary Agent
Primary Broker
HomeLife Power Realty Inc
Secondary Agent
Secondary Broker
HomeLife Power Realty Inc
Listing details
Days on REW
113 Days
Property Views
69
MLS® Number
X12781782
Source
Canadian Real Estate Association
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Eastwood Collegiate Institute
  • Public
  • 9 - 12
Sunnyside Public School
  • Public
  • 7 - 8
Rockway Public School
  • Public
  • JK - 6
Sheppard Public School
  • Public
  • JK - 6
Franklin Public School
  • Public
  • JK - 6
Wilson Avenue Public School
  • Public
  • JK - 6
St Aloysius Catholic Elementary School
  • Catholic
  • JK - 8
St Anne Catholic Elementary School
  • Catholic
  • JK - 8
St Daniel Catholic Elementary School
  • Catholic
  • JK - 8
Cameron Heights Collegiate Institute
  • Public
  • 9 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-05.