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Listing data is provided under license from the Toronto Regional Real Estate Board (TRREB). TRREB assumes no responsibility for the accuracy of the information contained herein. Data is updated periodically and may not reflect the most current market activity. Not intended to solicit buyers or sellers currently under contract. MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

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MLS# X12970098Kitchener · N2A 2J2
For SaleMultiplex

115 Kraft Avenue

$3,350,000
28 Bed15 Bath5,000 sqft$670/sq ft24d on market
MLS# X12970098Kitchener · N2A 2J2
For SaleMultiplex

115 Kraft Avenue

$3,350,000

$670/sq ft · 24 days on market

Bedrooms
28 Bed
Bathrooms
15 Bath
Size
5,000 sq ft
Parking
18 None

Listing History — This Unit

Mar 25, 2026(25d ago)·24 DOM
$3,350,000
Active
Colliers Macaulay Nicolls Inc.
X12970098Current

About This Listing

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**

Property Details

MLS NumberX12970098
Property TypeMultiplex
Style2 1/2 Storey
Listing TypeFor Sale
StatusActive
Bedrooms28 Bed
Bathrooms15
Size5,000 sq ft
Parking Spaces18
Parking TypeNone
Property Tax$36,526/yr
Days on Market24
Listed2026-03-25
MunicipalityWaterloo
Cross StreetKRAFT AVE & FALESY AVE

Location & Scores

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Listing provided by Colliers Macaulay Nicolls Inc.

Based on information from the Toronto Regional Real Estate Board (TRREB). All information deemed reliable but not guaranteed and should be independently verified. The accuracy of information is not guaranteed, has not been verified, and does not constitute professional advice.

IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing or renting.

Sold and leased listing data is provided under the Virtual Office Website (VOW) data feed and is available only to registered users who have agreed to the Terms of Use. This data is for personal, non-commercial use only and may not be copied, redistributed, or retransmitted.

MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

This listing content is not intended to solicit properties already listed for sale or individuals who are currently under contract with a brokerage.

Data last updated: April 17, 2026 at 03:42 p.m.