115 Kraft Avenue

About this Property

Excellent opportunity for multi-family investors to acquire a 15-suite apartment building with strong valued-add potential. The property includes 1 bachelor suites, 1 one-bedroom suite, and 13 predominantly 2-bedroom suites, with approximately half recently renovated, appealing to a broad tenant base and supporting strong cash flow. Ideally located directly off Highway 8 and just minutes from the 401, with access from two streets and ample parking, the building offers exceptional convenience and exposure near local amenities. With rents currently below market, there is significant upside through strategic renovations and tenant turnover, making this a rare opportunity to secure a stable, income-producing asset with long-term growth potential.

Listing Details

MLS #

40809115

Board

ITSO

Market

ontario

Property Type

Apartment

Style

Residential Income

Parking Spaces

18

Basement

Partial, Finished

Heating

Natural Gas, Other

Cooling

None

Lot Size

102.00 × 0 ft

Annual Taxes

$36,527/yr

Listed By

COLLIERS

Presented By

REMAX Hallmark®

Listed On

March 25, 2026

Days on Market

230

Features & Extras