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.
Property Type:
Residential Income
Property SubType:
Multi-3 Unit
Year built:
1956
(Age: 70)
Listing General Location:
325 - Forest Hill, 3 - Kitchener West
Bedrooms:
6
Bathrooms:
3.0
(Full:-/Half:-)
Lot Size:
6,447 sq. ft.599 m2
Lot Details:
55 x 109
Lot Depth:
109'33.2 m
Lot Frontage:
55'16.8 m
Lot Shape:
55.76 X 109 X 70.94 X 96.95
Kitchens:
0
County Or Parish:
Waterloo
Features:
Crops Included: No, Garage: No, Inspection ESA: No, Inspection Fire: No, New Construction: No
Construction:
Brick
Basement:
Full, Finished
Foundation:
Poured Concrete
Roof:
Asphalt Shing
Year Roof Replaced:
2017
Number of Storeys:
3
Number of Buildings:
0
Total Floor Area:
2,876 sq. ft.267 m2
Finished Area Above Grade:
1,938 sq. ft.180 m2
Finished Area Below Grade:
938 sq. ft.87.1 m2
Fireplace:
false
Inspection Fire Date:
Jul 01, 2026
Laundry Features:
Coin Operated
Water Supply:
Municipal
Sewer:
Sewer (Municipal)
Cooling:
None
Heating:
Natural Gas
Age Tank:
2022
Other,3 Fridges, 3 Stoves, 1 Coin-Operated Washer, 1 Coin-Operated Dryer, 1 Microwave In Unit 2.
Refrigerator, Stove
Tenants Belongings
Separate Hydro Meters
Separate Hydro Meters
false
No
HIGHLAND ROAD
No
HST Applicable To Sale Price:
No
Features:
Crops Included: No, Garage: No, Inspection ESA: No, Inspection Fire: No, New Construction: No
Electric Expense:
$670.52
Insurance Expense:
$2,157.12
New Tax Expense:
$0
Net Income:
$48,256.88
Other Income:
$0
Leases:
No
Zoning:
RES-4
Total Acres:
0.148
Lot Site Features:
Rectangular, City Lot, Hospital, Park, Place of Worship, Public Transit, Schools, Shopping Nearby
Features:
Crops Included: No, Garage: No, Inspection ESA: No, Inspection Fire: No, New Construction: No
Data was last updated October 24, 2026 at 01:50 AM (UTC)
Area Statistics
Listings on market:
24
Avg list price:
$1,031,950
Min list price:
$575,000
Max list price:
$2,200,000
Avg days on market:
26
Min days on market:
8
Max days on market:
263
Avg price per sq.ft.:
$358.18
These statistics are generated based on the current listing's property type
and located in
3 - Kitchener West. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.