NewFor sale 50$1,749,900
169 Fifth Avenue
Kitchener, Ontario N2C1P6
For sale· Added
About this home
Here is your chance to own a modern, purpose-built fourplex which was constructed only in 2024. This exceptionally built property features two 3-bedroom upper-level units and two 2-bedroom lower-level units, all offering quality finishes and enhanced soundproofing insulation with resilient channel and SonoPan for improved privacy and comfort between units. The property features upgraded kitchen cabinets, countertops and appliances, commercial-grade laminate flooring, commercial steel siding and insulated vertical siding. The rear unit benefits from a covered porch with skylight, while a drainage system around the property provides additional protection and functionality. Each unit is separately metered for utilities, making this an efficient and attractive investment. Excellent tenants are currently in place, providing stable income and peace of mind for the new owner. Residents enjoy a shared common backyard area at the rear. Located in an established family-friendly neighbourhood which is close to amenities, transit, parks, schools and highway access. This is a rare opportunity to acquire a newer, custom built fourplex offering an excellent unit mix, premium construction, upgraded soundproofing, separately metered utilities and strong existing tenancy with an approximate 5.5% cap.
Location
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Property details
Listing
- MLS® number
- 40856151
- Added
- Aug 20, 2026 ()
- Updated
- Aug 22, 2026 ()
- Info refreshed
Overview
- Property type
- Multi-family
- Building type
- Fourplex
- Storeys
- 2
- Finished area
- 3,060 sq ft
- Finished basement
- 1,600 sq ft
- Ownership
- Freehold
Inside
- Bedrooms
- 10
- Bathrooms
- 8
- Heating
- Natural gas
- Cooling
- Central air conditioning
- Fireplace
- No
Building
- Basement
- Finished, Full
- Exterior
- Brick, Aluminum siding
- Parking
- 2 spaces
Land
- Frontage
- 33 ft
- Zoning
- RES-4
Services
- Water
- Municipal water
- Sewer
- Municipal sewage system
Location
- Community
- Fairview/Kingsdale
Running costs
- Annual property tax
- $10,166
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