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© 2026 All rights reserved. All registered trademarks herein are the property of their respective owners. PropertyMesh is owned by Faiza Ahmed Realty Corp. (RECO Registration #4791581) and operates under INTERNATIONAL REALTY FIRM, INC., Brokerage (RECO Registration #4799095).

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    115 Kraft Avenue

    Kitchener, ON • N2A 2J2
    Multiplex
    Active
    View on Map
    List Price$3,350,000
    115 Kraft Avenue
    Kitchener, ON • N2A 2J2
    View on Map
    Multiplex
    Active
    List Price$3,350,000
    28Beds
    15Baths
    5000 + SqFtLiving Area
    18Parking
    $36,526 / 2025Property Tax
    FinishedBasement

    Property History

    Market activity for 115 Kraft Avenue

    0 Records

    No listing history available

    This is the first time this property is listed

    About this home

    Excellent opportunity for multi-family investors to acquire a 15-suite apartment building with strong value-add potential. The property includes 1 bachelor suite, 1 one-bedroom suite, and 13 predominantly two-bedroom suites, with approximately half recently renovated, appealing to a broad tenant base and supporting strong cash flow. Ideally located directly off Highway 8 and just minutes from the 401, with access from two streets and ample parking, the building offers exceptional convenience and exposure near local amenities. With rents currently below market, there is significant upside through strategic renovations and tenant turnover, making this a rare opportunity to secure a stable, income-producing asset with long-term growth potential.**INTERBOARD LISTING: CORNERSTONE ASSOCIATION OF REALTORS**

    Listing Snapshot
    Property Type
    Multiplex
    Size
    5000 + SqFt
    Building Age
    N/A
    Lot Size
    102 x 230 Feet
    Lot Irregularities
    None
    Parking
    18 Spaces
    Basement
    Finished
    Property Tax
    $36,526 / 2025
    Listed on
    2026-03-24
    Days on Market
    207 Days
    Property Days on Market
    N/A
    Status Change
    24 Days Ago
    Listing #
    X12970098
    Listing Brokerage
    Colliers Macaulay Nicolls Inc.
    Data Source
    PROPTX
    Updated on
    2026-09-23
    Property Specifications

    Property Overview

    Property TypeMultiplex
    Style2 1/2 Storey

    Interior Details

    Bedrooms28
    Bathrooms15
    Bathrooms Detail (Third)5
    Bathrooms Detail (Second)5
    Bathrooms Detail (Ground)5
    Basement TypeFinished
    Kitchens15

    Utilities & Systems

    Heating FuelGas
    ElectricityYes
    GasYes
    CableAvailable
    TelephoneNo

    Building & Construction

    ConstructionConcrete Block

    Parking & Access

    Parking PlacesAvailable
    Total Parking Space18

    Lot & Location

    SewerSewer
    Frontage102 Feet
    Depth230 Feet
    Cross StreetKRAFT AVE & FALESY AVE
    Room Details

    Living Room

    18 x 14 Feet

    Level: Main

    Hardwood Floor, Pot Lights, Combined w/Dining

    Kitchen

    12 x 10 Feet

    Level: Main

    Centre Island, B/I Appliances, Quartz Counter

    Primary Bedroom

    15 x 13 Feet

    Level: Upper

    5 Pc Ensuite, Walk-In Closet(s), Coffered Ceiling(s)

    Bedroom 2

    12 x 11 Feet

    Level: Upper

    3 Pc Bath, Pot Lights, Walk-In Closet(s)

    Bedroom 3

    11 x 10 Feet

    Level: Upper

    Pot Lights, Hardwood Floor

    Land Transfer Tax

    Provincial Tax (Ontario)

    $70,225

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