$3,350,000
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115 Kraft Avenue, Kitchener on N2A 2J2, Kitchener, ON N2A 2J2

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28 Beds
15 Baths
15,200 Sq Ft

Excellent opportunity for multi-family investors to acquire a 15-suite apartment building with strong valued-add potential. The property includes 1 bachelor suites, 1 one-bedroom suite, and 13 predominantly 2-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.

Listing By: Karl Nicholas Innanen - COLLIERS cnitso Realty.com
  • MLS® 40809115
  • Date Listed03/25/2026
  • Days on Realty 186 Days
  • Bedrooms 28
  • Bathrooms 15 baths
  • Lot Size 0.48 acres (20,778 sq. ft)
  • County Waterloo
  • Square Feet 15,200 sq. ft
  • Price Per Sq. Ft $220.39

Interior Features

  • Cooling None
  • Heating Natural Gas, Other

Exterior / Lot Features

  • Roof Flat
  • Lot Size Acres 0.48
  • Lot Size SQFT 20,778.12
  • Lot Features Ample Parking, High Traffic Area, Public Transit

Directions

Kraft Ave & Falesy Ave

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for N2A 2J2

Discover key demographics, population statistics, and environmental insights for the Kitchener, ON area.

Walkability in ON / N2A 2J2

Source: Walk Score

72/100

Very Walkable

Walk Score ®

63/100

Good Transit

Transit Score ®

59/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. Many nearby public transportation options. Some bike infrastructure.

Transit Summary

13 nearby routes: 12 bus, 1 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 38/100, Transit Score: 40/100, Bike Score: 45/100.

Points of Interest near 115 Kraft Avenue, Kitchener ON N2A 2J2, Kitchener, ON N2A 2J2

Frequently Asked Questions for 115 Kraft Avenue, Kitchener ON N2A 2J2

Source: Realty.com

115 Kraft Avenue, Kitchener ON N2A 2J2, Kitchener, ON N2A 2J2 in Kitchener, ON N2A 2J2 is a apartment listed at $3,350,000. Highlights include 28 bedrooms, 15 bathrooms, 15,200 sq. ft., 0.48 acre lot, $220 per sq. ft.. Realty.ca has 18 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 18 photos of 115 Kraft Avenue, Kitchener ON N2A 2J2.

The full address for this home is 115 Kraft Avenue, Kitchener ON N2A 2J2, Kitchener, ON N2A 2J2.

115 Kraft Avenue, Kitchener ON N2A 2J2 has been listed on Realty.com since Wed March 25, 2026

Most errands can be accomplished on foot. Many nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 38/100, Transit Score: 40/100, Bike Score: 45/100.

Listing provided courtesy of: COLLIERS (tel: 519-570-1330)
Listing agent: Karl Nicholas Innanen (tel: 519-904-7005)

This content last refreshed on 2026-09-27 14:06:50. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.