150-158 Heiman Street
Kitchener, ON
0.96 sqft • Investment • 220 days on market
Court appointed sale, on behalf of the receiver Grant Thornton Limited. Two, neighbouring walk-up apartment buildings totaling 36 condominium titled units, a mixture of 6 1-bedrooms and 30 2-bedrooms with an average suite size of 739 SF. Approximately 38% rental upside upon tenant turnover. Low maintenance properties with no elevators or balconies. Within 4KM to Kitchener VIA Rail. Property can be purchased together or separately with the following properties:60 Centreville St, Kitchener and 829-841 Moore St & 356 Lowther St, Cambridge. Data room available upon CA execution, all offers must be in form of Receiver's APS.BID DATE: February 10th, 2026 by 5:00PM
Listing Details
- Taxes (2025)
- $52,392
- Listed
- January 14, 2026
Price History
Property
- Lot Size
- 137 x 140 Feet
Location & Legal
- Cross Street
- Heiman St/Lorne Ave
- Zoning
- R2
- Parcel Number
- 23543
- Possession
- Immediate
Commercial
- Business Type
- Apts - Over 20 Units
- Occupancy
- Tenant
Community
Postal area N2M
- Population
- 36,494
- Private dwellings
- 16,113
- Median age
- 36.4
- Average household size
- 2.3
- Median household income
- $71,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Kitchener · last 12 months
- Median sold price
- $665,000
- Homes sold
- 1,929
- Median days on market
- 20
- Sale-to-list price
- 101.0%
Based on 1,929 recorded sales of commercial properties in Kitchener over the last 12 months.
Listed by
AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP
Location
Commercial figures
- Annual property tax
- $52,392
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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