15 Killdeer Road

Nestled in the serene residential area of Woolwich, this remarkable Multi-Family Home for sale in Woolwich presents a fantastic investment opportunity. Located at 15 Killdeer Road, Woolwich, this purpose-built multiplex is designed to offer both comfort and functionality, making it an ideal addition to any property portfolio. With its impressive features and prime location, it’s certainly a property that deserves your attention.

This three-storey building, constructed with a robust brick veneer and concrete block exterior, boasts an impressive total of 12 fully rented one-bedroom, one-bath units. Each unit is thoughtfully designed to provide a welcoming space for tenants, and with 12 kitchens and bathrooms throughout the building, convenience is at the forefront of this property. The total room count stands at 48, ensuring ample space for residents to enjoy. This Multi-Family Home for sale in Woolwich is not just a building; it’s a thriving community of individuals who appreciate the quiet charm of the Elmira neighbourhood.

At 15 Killdeer Road, Woolwich, you’ll find that the building is well-maintained, featuring modern hallways adorned with carpet tiles that add a touch of elegance. The laundry facility within the building is a practical addition, allowing tenants to manage their laundry needs without the hassle of travelling elsewhere. The property is equipped with commercial water heaters installed in 2023, ensuring that hot water is always available for residents. Additionally, the roof was replaced in 2017, while the back side windows were updated around 2020, and the front side windows were replaced approximately between 2015 and 2016. The balcony doors were also renewed in 2019 and 2020, showcasing the attention to detail that has been given to this property over the years.

One of the key advantages of this Multi-Family Home for sale in Woolwich is the potential for future growth. With the ability to update the units over time, there is a fantastic opportunity to increase rental income, making it an attractive prospect for savvy investors. The building is currently fully rented, with tenants responsible for their own electricity bills, which adds to the appeal for those looking to invest without the burden of additional utility costs.

The property is situated on a generous lot measuring 132 x 140 feet, providing ample outdoor space, although it does not include a pool or garage. However, there is parking available for up to 12 vehicles, making it convenient for both tenants and guests. While the building does not feature air conditioning or a central vacuum system, the baseboard heating ensures that residents stay warm during the colder months. The sewer and municipal water services are in place, providing essential utilities for the building.

For those considering this Multi-Family Home for sale in Woolwich, it’s worth noting that the building is unfurnished, allowing new owners to tailor the space to their liking. The full, walk-up basement offers additional storage or potential for future development, depending on your vision for the property.

In conclusion, 15 Killdeer Road, Woolwich, is a well-kept, purpose-built multiplex that stands as an excellent opportunity for investment. With its modern amenities, strategic location, and potential for future enhancements, this Multi-Family Home for sale in Woolwich is not to be missed. Whether you’re an experienced investor or looking to make your first foray into property ownership, this building has all the right elements to make it a sound investment. Don’t hesitate to explore the possibilities that await you at this impressive address!

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an ideal choice for families. Within a short distance of just 0.3 km, St. Teresa of Avila Catholic Elementary School offers a Catholic education for grades JK to 8 and has a solid school rating of 6. For public education, John Mahood Public School is available in both English and French, serving grades K to 6, located 0.9 km away, with a rating of 5.7. Park Manor Senior Public School, also within 0.7 km, caters to grades 7 to 8 but currently has a rating of 0, indicating potential areas for improvement. For secondary education, Elmira District Secondary School, located 0.9 km from the property, serves grades 9 to 12 and boasts a commendable rating of 7.9. The schools in this area are part of the Waterloo Region District School Board and the Waterloo Catholic District School Board, providing diverse educational options in both English and French. Overall, the proximity to quality educational institutions enhances the appeal of this property for families seeking a supportive learning environment for their children.