For Sale: 169 Fifth Avenue, Kitchener, ON - REW
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$1,749,900
10 bd • 8 ba • 3060 sf • Multifamily
169 Fifth Avenue
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$1,749,900
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169 Fifth AvenueKitchener, ON, N2C 1P6

  • 10 Bed
  • 8 Bath
  • 3060 Sqft
  • Multifamily

About this home

Here is your chance to own a modern, purpose-built fourplex which was constructed only in 2024. This exceptionally built property features two 3-bedroom upper-level units and two 2-bedroom lower-level units, all offering quality finishes and enhanced soundproofing insulation with resilient channel and SonoPan for improved privacy and comfort between units. The property features upgraded kitchen cabinets, countertops and appliances, commercial-grade laminate flooring, commercial steel siding and insulated vertical siding. The rear unit benefits from a covered porch with skylight, while a drainage system around the property provides additional protection and functionality. Each unit is separately metered for utilities, making this an efficient and attractive investment. Excellent tenants are currently in place, providing stable income and peace of mind for the new owner. Residents enjoy a shared common backyard area at the rear. Located in an established family-friendly neighbourhood which is close to amenities, transit, parks, schools and highway access. This is a rare opportunity to acquire a newer, custom built fourplex offering an excellent unit mix, premium construction, upgraded soundproofing, separately metered utilities and strong existing tenancy with an approximate 5.5% cap.
Listed by: Erin Griesbaum, CITIMAX REALTY LTD.

Home facts and features

Price details
List Price
$1,749,900
Get Pre-Approved
Gross Taxes for 2026
$10,166
Home facts
Bedrooms
10
Full Bathrooms
8
Parking Spaces
2
Property Type
Multifamily
Lot Size
33 ft x 190 ft (6270 ft²)
Depth
190.0
Frontage
33.0
Heating Type
Natural Gas
Cooling
Central Air
Basement Details
Full,Finished
Features
In-suite, Separate Hydro Meters
Appliances
Dishwasher X 2, Hot Water Tank Owned, Refrigerator X 4, Stove X 4, Washer & Dryer X 4
Agent details
Primary Agent
Primary Broker
CITIMAX REALTY LTD.
Listing details
Days on REW
48 Days
Property Views
29
MLS® Number
40856151
Source
Information Technology Systems Ontario
Board
Cornerstone Association of REALTORS®
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Wilson Avenue Public School
  • Public
  • JK - 6
St Aloysius Catholic Elementary School
  • Catholic
  • JK - 8
Sunnyside Public School
  • Public
  • 7 - 8
Rockway Public School
  • Public
  • JK - 6
Eastwood Collegiate Institute
  • Public
  • 9 - 12
St Mary's High School
  • Catholic
  • 9 - 12
Franklin Public School
  • Public
  • JK - 6
Howard Robertson Public School
  • Public
  • JK - 6
Moffat Creek Public School
  • Public
  • JK - 8
St Daniel Catholic Elementary School
  • Catholic
  • JK - 8
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
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Call Agent
Erin Griesbaum
Phone:
(519) 578-3300
Cell:
519-575-2882
Office:
519-578-3300
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