119 Cedar Street 15

Bright & Spacious 1 Bedroom Condo In A Prime Kitchener Location! Functional Open-Concept Layout With Unobstructed North Exposure And Carpet-Free Living Throughout. Well-Maintained Unit Featuring A Combined Living & Dining Area, Generous Primary Bedroom, And Practical Kitchen Space Perfect For Everyday Living. Great Building Offering Air Conditioning Unit And Maintenance Fees That Include Water, Building Insurance & Common Elements. Ideal Opportunity For First-Time Buyers Or Investors! Conveniently Located Close To Downtown Kitchener, Transit, Shopping, Restaurants, And All Amenities. Flexible Possession Available - Don't Miss This Affordable Opportunity!

TURNKEY INVESTMENT OPPORTUNITY WITH TENANT IN PLACE! An excellent opportunity for investors looking to add an affordable, low-maintenance property to their portfolio with immediate rental income. This 1-bedroom, 1-bath downtown Kitchener condo is tenanted beginning September 1, 2026, with the purchaser assuming the existing lease and enjoying income from day one. Recent updates include flooring and kitchen cabinetry, while the functional layout offers a bright living area, spacious bedroom, 4-piece bathroom, private balcony, and an owned storage locker for additional convenience. Located in the heart of downtown Kitchener, the property is just steps to the LRT, GO Transit, Kitchener Market, restaurants, cafés, Victoria Park, shopping, and Kitchener's thriving tech corridor. It's also conveniently located near the University of Waterloo Downtown Health Sciences Campus, with direct LRT access to both universities, making this an attractive rental location with broad tenant appeal. The building features secure entry, on-site laundry, a fitness room, and a library/lounge area. Whether you're a seasoned investor or looking to purchase your first investment property, this is an opportunity to acquire an affordable downtown condo with a tenant already in place, eliminating the time and expense of securing one yourself. Some photos have been virtually staged.