Stop looking at 2026 and start looking at 2035. If you missed the boom in the GTA or the early days of Kitchener-Waterloo, this is your reset button. Located 15 minutes from the VolkswagenPowerCo Gigafactory, Canada's largest industrial project currently scaling for 2027 production,68 Forest St is positioned in the primary "bedroom community" for 3,000+ incoming direct high-skilled jobs. This is more than a building; it is a strategic land-grab in Ontario's new industrial heartland. This well-maintained six-plex presents an excellent investment opportunity for investors. The property features a strong financial profile supported by an exceptionally efficient expense ratio due to tenant-paid hydro and water. Recent capital improvements have modernized the property and reduced near-term maintenance needs, offering a turn-key solution. With updated units, proven rent growth, and mechanical upgrades in place, this asset delivers both immediate cash flow and future upside potential. This property stands out as a well-positioned opportunity for buyers seeking a stable, income-generating multi-family investment. (id:47421)
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Detailed Information
Bedrooms
12
Bathrooms
6
Lot
132.17 x 87.17 ft
Listing Contract Date
2026-01-29
Location Description
Forest and John Street N
# of Parking Spaces
8
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
RM2
Building
Age
31 to 50 years
Appliances
Water Heater, Stove, Refrigerator
Basement Type
None
Exterior Finish
Brick
Foundation Type
Concrete
Heating Fuel
Electric
Heating Type
Baseboard heaters
Type
Other
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Bathroom
Main level
1.5 m x 2.27 m
Parking Spaces
Name
Spaces
No Garage
Utilities
Type
Description
Electricity
Installed
Land
Total Size
132.2 x 87.2 FT
Sewer
Sanitary sewer
Size of Irregular Land
132.2 x 87.2 FT
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