ID#: 30591823 Status: For Sale

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125 Water Street N, Kitchener Ontario

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%
Type: Multi Family
Lot Dimensions: Rectangular FeetAcreage: Under 0.5 Acres
Sewer: Sewer
Type: 12+ Units
Square Footage: 4483
Heating: Forced Air, Gas
Exterior: Aluminum Siding, Brick
Alarm System Fire Alarm System Sprinkler System Full
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125 Water Street N, Kitchener Ontario

Twin City Realty Inc. Brokerage - Kitchener

Kevin Kalbfleisch
Sales Representative

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