ID#: 30545243 Status: SOLD

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125 Water Street N, Kitchener Ontario

125 Water Street N, Kitchener Ontario
established 27 bed residential assisted care facility 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 30 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 to operate and generate great income and also for an arms length investor as well. cap rate of over 9%.
Type: Commercial
Type: Business
Square Footage: 6700
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125 Water Street N, Kitchener Ontario

Twin City Realty Inc. Brokerage - Kitchener

Kevin Kalbfleisch
Sales Representative

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