Room 1
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240 Wilson Avenue
Fairview/Kingsdale, Kitchener, ON N2C 1H3
Description
Attention investors and turn-key landlords! Prime Investment Opportunity in High-Demand Kitchener Location! 240 Wilson Avenue presents a turnkey 4-unit residential building in a central Kitchener neighborhood. Well-maintained legal multi-residential fourplex offering strong income potential, excellent unit mix, and minimal vacancy risk in a highly accessible Kitchener neighborhood. Versatile Unit Breakdown: Consists of four spacious, functional units — 2 x 2-Bedroom units (one unit currently vacant getting fresh coat of paint), 1 x 1-Bedroom unit (tenant occupied) , and 1 x Bachelor unit (tenant occupied). Ideal for attracting long-term, high-quality tenants. Ample Parking: Generous paved surface lot featuring 5 dedicated off-street parking spots — a major draw and value-add for local renters. Nestled in an established area with immediate access to public transit, major highways (Conestoga Parkway / Highway 8), shopping at Fairview Park Mall, schools, place of worship , local parks., restaurants and entertainment are just a short walk from your front door. Separate utility metering options and consistent maintenance history make this property an exceptional add to any real estate portfolio. Whether you're looking to buy-and-hold, optimize current rents to market rates, or house-hack by occupying one unit while collecting cash flow from the rest, 240 Wilson Ave offers endless possibilities. Don't miss out on this turnkey addition to your portfolio—book your private showing today!
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- 40861882
- Board
- Cornerstone (ITSO) MLS®
- Days on market
- Tax
- $6,299
- Size
- 1934 sqft
- Parking
- 5 Parking
Listing History
Listing activity for 240 Wilson Avenue, Kitchener, ON
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $924,900 | N/A | For Sale | 40861882 |
Property Details
Property
- Property Type
- Multi-4 Unit
- Style
- Other
- Community
- Fairview/Kingsdale
- Municipality
- Kitchener
Inside
- Bedrooms
- 6
- Bathrooms
- 4
- Basement Type
- Full, Finished
Utilities
- Water
- Municipal
- Cooling
- None
- Heating Type
- Baseboard, Radiator
Building
- Size
- 1934 sqft
- Construction
- Brick, Concrete
Parking
- Driveway
- Outside/Surface/Open, Visitor Parking
- Add. Parking
- 5
- Total Parking
- 5
Land
- Sewer
- Sewer (Municipal)
Additional
- Year built
- 1960
- Roof
- Other
- Extras
- Hot Water Tank Owned, Refrigerator, Stove
Rooms (12)
Room 2
Level not provided
Room 3
Level not provided
Room 4
Level not provided
Room 5
Level not provided
Room 6
Level not provided
Room 7
Level not provided
Room 8
Level not provided
Room 9
Level not provided
Room 10
Level not provided
Room 11
Level not provided
Room 12
Level not provided
Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
13 records read 6 on record nearby 7 checked, none on recordRead 2026-11-09
Water and conservation
- No mapped wetland within 120 m
- No water-supply well recorded within 250 m
Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- Nearest airport: 5.6 km
Province of Ontario open data
Around the home
- Nearest rail line: 920 m
- A trail on the Ontario trail network within 1 km
Province of Ontario open data
Environmental records
- No licensed pit or quarry within 2 km
- No recorded oil, gas or salt well within 250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Triple M Metal LP — Kitchener, 1.1 km away. Only facilities above the inventory’s reporting thresholds are listed.
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by Enova Power Corp.
- Wired internet 50/10 Mbps or faster is listed at a household 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Netflash Internet Solutions, Rogers, Vianet, Waterloo Wireless, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$4,240
- Down payment$184,980
- Mortgage amount$739,920
- Total interest$532,080
- Total cost$1,456,980
Cash flow analysis
$4,240
Total monthly payment
$4,765
Break-even down payment
100%
Cash flow-$4,765
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
$924,900
$924,900
CAD
Estimate unavailable
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