Property Details

125 Water Street N, Kitchener, Ontario

125 Water Street N, Kitchener, Ontario

$1,600,000 - For Sale


27 Bed residential group home for mobile clients with intellectual and emotional challenges. Facility provides, room and board plus assistance and monitoring of clients to assist them in healthy living. Great business and location for investors or owner operators with experience in the Health Care and or Care Home field. Thriving business has a great reputation and backlog of clients waiting for space to move in. Payment directly from Provincial Pensions and other agencies supporting these clients. 23 small private rooms and 2 doubles. Newly renovated and updated building with full sprinkler and fire code updates. 28 seat dining room and kitchen, Office, private studio living quarters for supervisor or owner's quarters. Located in the high tech zone across the street from future transit hub. Operate this profitable business for a number of years and retire on the increase in land value in this rapidly developing area of town. 24 hour supervision required and not suitable to investors who want hands off, arms length multifamily property.

Property Details
  • Property Type:Residential
  • Acreage:Under 0.5 Acres
  • Sewage Type:Sanitary
Structure Details
  • Structure Type:12+ Units
  • Square Footage:4833
  • Heating Type:Forced Air, Gas
  • Exterior Type:Brick
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