For Sale

15 Floral Crescent, Kitchener, Ontario N2G 3B3

$2,099,000

15 Floral Crescent, Kitchener, Ontario N2G 3B3 is For Sale and has a listing price of 2,099,000. The property is located in the Rockway neighbourhood . It's been on the website for 2 Days.

  • Investment
    Property Type
  • MLS ID: X12781782
  • Office Name HomeLife Power Realty Inc
Property Description

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.

Property Details
  • MLS ID: X12781782
  • Price: $2,099,000
  • Lot Depth: 113.19
  • Transaction Types: For Sale
  • Ref ID: X12781782
  • Year Built: N/A
  • Dir / Cross St: Doon Road
  • Status: Active
  • Tax Year: 2025
  • Approx Age: 51-99
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
02/12/2026 X12781782 $2,099,000 For Sale - -
02/12/2026 X12781784 $2,099,000 For Sale - -
04/04/2025 X12062578 $2,299,000 For Sale -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Rockway
  • $1,061,866 Average List Price
    based on 1 year
  • 1 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 0.48 % Below
  • Sold (12mo) 5
  • Rented (12mo) 0

  • 1 Month Change -
  • 3 Month Change -
  • 6 Month Change -100.0%
Walkscore
Property Type Distribution
  • All Houses
    87.95%
  • Commercial
    3.61%
  • Condo
    7.23%
  • Land for Sale
    1.2%
Additional Details
  • Heat Type Radiant
  • Garage Type Outside/surface
  • Parking Spaces: 16
  • Taxes: $25,500
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 12/02/2026 03:22:52
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