253 SYDNEY STREET S, Kitchener, Ontario, N2G 3V8

MLS® # X12846268

Investment For Sale In Mill Courtland Woodside Park, Kitchener, Ontario

$775,000

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253 Sydney Street S, Kitchener, ON - Outdoor

253 Sydney Street S, Kitchener, ON - Indoor Photo Showing Other Room

253 Sydney Street S, Kitchener, ON - Indoor Photo Showing Kitchen

253 Sydney Street S, Kitchener, ON - Indoor Photo Showing Living Room

253 Sydney Street S, Kitchener, ON - Indoor

253 Sydney Street S, Kitchener, ON - Indoor Photo Showing Bedroom

253 Sydney Street S, Kitchener, ON - Indoor Photo Showing Bathroom

253 Sydney Street S, Kitchener, ON - Indoor Photo Showing Laundry Room

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253 SYDNEY STREET S, Kitchener, Ontario, N2G 3V8

$775,000

Property Information:

THE UNICORN! Purpose Built Duplex With Accessory/In-Law Suite! 100% VACANT POSSESSION ON CLOSING! Stop fighting old leases and inherited tenants. 253 Sydney St S is a solid brick, purpose-built Legal Duplex + finished basement accessory suite offering the ultimate "Blank Slate" in Kitchener's desirable Rockway neighborhood. THE OPPORTUNITY: Set your own market rents from Day 1. Perfect for Investors, House-Hackers, or Multi-Generational families. UNIT BREAKDOWN: MAIN UNIT: Vacant. 2-Bed, 1-Bath or 3-Bed. 2-Bath (with in-law suite together). Features backyard access, in-suite with laundry, and a 1-car garage. UPPER UNIT: Vacant. 2-Bed, 1-Bath. Features in-suite laundry and dedicated carport parking. LOWER LEVEL: 1-Bed, 1-Bath accessory suite with laundry. Ideal for extended family or mortgage helper. THE STRATEGY: INVESTORS: Run your own tenant selection and maximize your Cap Rate immediately. Enjoy value add potential with the existing in-law suite to a legal triplex conversion. HOUSE-HACKERS: Live in one unit and let the other two pay your mortgage! MULTI-GENERATIONAL: Separate kitchens, separate laundry, and separate entrances-keep the family close with total privacy. THE LOCATION: Commuter's dream. Seconds to Hwy 7/8 Expressway, the LRT, Rockway Golf Course, and Downtown Kitchener's Tech Hub. MECHANICS: Separately metered Hydro between Upper and the Main/Lower units. Gas/Water shared on single meter. Purpose-built multi-unit properties with FULL VACANT POSSESSION premium assets are incredibly rare. Why wait for the next opportunity while the unicorn is right here! Request the Proforma and book your showing today! (id:27)

Building Features:

Style: Duplex
Building Type: Duplex
Amenities: Separate Hydro Meters
Basement Development: Finished
Basement Type: Full, N/A, N/A
Exterior Finish: Brick
Fire Protection: Smoke Detectors
Fireplace: Yes
Floor Space: 1100 - 1500 sqft
Foundation Type: Block
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: None
Appliances: Garage door opener remote, Water softener, Dryer, Stove, Refrigerator