About this property

Turnkey multi-residential investment in a proven, high-demand rental market. Rockway Gardens Apartments is a well-maintained, solid brick, stick-construction apartment building comprised of 11 spacious one-bedroom units. Family-owned since 2007, the property reflects significant pride of ownership, with extensive major capital improvements completed, including new Weil-McLain boilers (2010), full window replacement (2010-2015), a new roof (2018), water softener system (2021), and newly paved asphalt parking/driveway-minimizing near-term capital risk. All units are separately metered for hydro, offering strong operational efficiency and upside potential. The property is situated on a generous 0.371-acre lot with 16 on-site parking spaces. Located in the desirable Kingsdale neighbourhood of Kitchener, a quiet, mature area with consistent rental demand, close to Rockway Golf Course, Wilson Park, Kingsdale Community Centre, Fairview Mall, public transit, shopping, and schools, with quick access to the Expressway and major highways. An excellent opportunity to acquire a stabilized asset in a supply-constrained rental market with long-term growth potential.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	X12781782
Status	Active
Listing Type	For Sale
Property Type	Commercial
Interior Size	8,736 sq ft
Beds / Baths	0 bed · 0 bath
City	Kitchener
Postal Code	N2G 3B3
Province	ON
Listed Date	March 4, 2026
Days on Market	156
Price per Sq Ft	$240
Brokerage	HomeLife Power Realty Inc