115 Roxborough Avenue
Kitchener, Waterloo ON N2M 1P6
$875,000
Are you looking for a solid, turnkey investment in Kitchener-Waterloo? An income-producing property with a projected CAP rate over 5.5%? Anchored by a core location with proximity to retail and hospitals? Presenting 115 Roxborough Avenue, a classic red-brick Tri-plex comprised of three spacious two-bedroom units. Savvy investors will recognize that this property has all the amenities needed to attract top tenants and achieve market rents. The large units feature classic finishes like oak trimwork and spacious eat-in kitchens. There is plenty of on-site parking up to 6 spaces. A large lot offers the potential for densification, investors may consider adding an additional dwelling unit (ADU) for added income. Two units are vacant, ready for market rents and for the new landlord to establish tenancies of their choosing. Conveniently located near retail and shopping amenities just a block away, including public transit. The expressway and downtown Kitchener are less than a 10-minute drive. This property has been impeccably maintained. Contact us for a list of property upgrades or to receive a ProForma outlining income and expense projections.
| List Price: | $875,000 |
|---|---|
| Property Sub Type: | Multi-3 Unit |
| Bedrooms Total: | 6 |
| Tax Annual Amount: | $5,638 |
| Lot Size Acres: | 0.148 |
| Waterfront?: | No |
| County Or Parish: | Waterloo |
| Year Built: | 1956 |
| Appliances: | Refrigerator, Stove |
| Lot Features: | Rectangular, City Lot, Hospital, Park, Place of Worship, Public Transit, Schools, Shopping Nearby |
| State Or Province: | ON |
| Directions: | HIGHLAND ROAD |
| Foundation Details: | Poured Concrete |
| Lot Size Area: | 0.148 |
| Basement: | Full, Finished |
| Building Area Total: | 2,876 |
| Above Grade Finished Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Open Parking?: | Yes |
| Parcel Number: | 224810132 |
| Sewer: | Sewer (Municipal) |
| Exclusions: | Tenants Belongings |
| Farm Land Area Units: | Square Feet |
| MLS Area Minor: | 325 - Forest Hill |
| Above Grade Finished Area: | 1,938 |
| Hst Applicable To Sale Price: | No |
| Lot Depth: | 109 |
| Survey Type: | None |
| Year Roof Replaced: | 2,017 |
| Lot Size Source: | GeoWarehouse |
| Open Parking Spaces: | 6 |
| Exterior Features: | Separate Hydro Meters |
| Number Of Refrigerators 1: | 1 |
| Number Of Stoves 1: | 1 |
| Baths Total 1: | 1 |
| Beds Total 1: | 2 |
| Unit Type 1: | 2 Bedroom |
| Units Total 1: | 1 |
| Number Of Refrigerators 2: | 1 |
| Number Of Stoves 2: | 1 |
| Baths Total 2: | 1 |
| Beds Total 2: | 2 |
| Unit Type 2: | 2 Bedroom |
| Number Of Refrigerators 3: | 1 |
| Number Of Stoves 3: | 1 |
| Baths Total 3: | 1 |
| Beds Total 3: | 2 |
| Unit Type 3: | 2 Bedroom |
| Units Total 3: | 1 |
| Number Of Units Total: | 3 |
| Listing ID: | 40867328 |
|---|---|
| Property Type: | Rental Income |
| Status: | Active |
| Bathrooms Full: | 3 |
| Living Area Sqft: | 1,938 |
| Lot Size Square Feet: | 6,446.88 |
| City: | Kitchener |
| Postal Code: | N2M 1P6 |
| Cooling: | None |
| Heating: | Natural Gas |
| Status: | Active |
| Water Source: | Municipal |
| Roof: | Asphalt Shing |
| Laundry Features: | Coin Operated |
| Construction Materials: | Brick |
| Listing Contract Date: | 2026-10-06 |
| Heating?: | Yes |
| Bathrooms Total Integer: | 3 |
| Basement: | true |
| Interior Features: | Separate Hydro Meters |
| Living Area Units: | Square Feet |
| Below Grade Finished Area Units: | Square Feet |
| MLS Area Major: | 3 - Kitchener West |
| Zoning: | RES-4 |
| Stories Total: | 2 |
| Electric Expense: | $671 |
| Frontage Length: | 55.00 |
| Insurance Expense: | $2,157 |
| Parking Total: | 6 |
| Below Grade Finished Area: | 938 |
| Cross Street: | HIGHLAND ROAD |
| Acres Range: | < 0.5 |
| Age Tank: | 2022 |
| Current Price: | 875,000 |
| Driveway Parking: | Outside/Surface/Open |
| Holdover Days: | 60 |
| Inspection Fire Date: | 2026-07-01 |
| Lot Irregularities: | 55.76 X 109 X 70.94 X 96.95 |
| Net Income: | $48,257 |
| Number Of Units Occupied: | 1 |
| Ratio Current Price By Above Gra: | 451.49639 |
| Rent Registered: | No |
| Inclusions: | Other, 3 Fridges, 3 Stoves, 1 Coin-Operated Washer, 1 Coin-Operated Dryer, 1 Microwave In Unit 2. |
| Lot Size Dimensions: | 55 x 109 |
| Association Fee 2 Frequency: | Monthly |
| Property Condition: | 51-99 Years |
Listing Courtesy of: Benjamins Realty Inc.
Listing Agent:
Walkscore
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Information Technology Systems Ontario data last updated on October 08, 2026 06:27 PM - ET.
Property Last Updated: October 08, 2026 06:27 PM - ET
