Attention Investors! Don't miss this incredible opportunity to own a cash-flowing duplex in the heart of the city of Kitchener! Nestled at the quiet end of a street with a charming village feel, this property offers exceptional privacy while being just steps from downtown core office buildings, the Kitchener Market, shops, and the KWC Rapid Light Rail Transit. Enjoy a short walk to the fast-growing tech hub, including Google headquarters, the Tannery Building, and the Regional Transit Hub - a prime location for long-term appreciation. This versatile property features: Large parking lot can be parked for 5 cars; Basement with laundry and storage; Upper 2-bedroom unit with a spacious attic (potential for 1-2 more bedrooms) and private patio. Main level with potential for 2 bachelor units or one large 1-bedroom unit. Carpet-free throughout. Whether you're looking to live in one unit and rent the other to help cover your mortgage or fully lease both units for a potential income of $5,000+ per month, this property delivers strong returns. Zoned for Downtown Core, offering huge future development potential with numerous condo projects already underway in the area! Additional features: New shingle roof (2024); High-efficiency furnace (2018); Owned hot water tank. Located just steps from Conestoga College and McMaster University's Health Sciences Campus, this property is in a high-demand rental market with a steady stream of tenants. Endless potential, unbeatable location, and immediate income - this one wont last! (id:13843)
MLS# | X12071038 |
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Listing Type | For Sale |
Style | Town House |
Status | Active |
Days On Site | 20 |
Listing Provided By | HomeLife Power Realty Inc | LISA CHOU |
Bed(s) | 4 |
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Bath(s) | 3 Total |
Basement | Y |
Story(s) | 2 |
Zoning | R2 |
Province | ON |
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City | Kitchener |
Postal Code | N2H2S7 |
Listing VS Median (in N2H2S7) | |
Price: $779,900 low | high Med: $0 On site: 20 low | high Med: |