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74 Carnaby Crescent, Kitchener, ON, N2A 1M7

MLS® # 40705351
new listing
Investment For Sale In Idlewood, Kitchener, Ontario
$1,200,000
74 Carnaby Crescent, Kitchener, ON
74 Carnaby Crescent, Kitchener, ON
74 Carnaby Crescent, Kitchener, ON
74 Carnaby Crescent, Kitchener, ON
74 Carnaby Crescent, Kitchener, ON
74 Carnaby Crescent, Kitchener, ON
74 Carnaby Crescent, Kitchener, ON
74 Carnaby Crescent, Kitchener, ON
74 Carnaby Crescent, Kitchener, ON
74 Carnaby Crescent, Kitchener, ON
74 Carnaby Crescent, Kitchener, ON
74 Carnaby Crescent, Kitchener, ON
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74 Carnaby Crescent, Kitchener, ON, N2A 1M7
$1,200,000

Property Information:

Attention to investors who are looking for a Purpose-built triplex in the quiet Chicopee/Lackner Woods neighbourhood near all amenities !Very quiet mature neighbourhood and walking distance to parks. This building consists of: Two -2 bedrooms apartments and One-1 bedroom apartment. Separate hydro meters. This Purpose-built Triplex is a great way to reduce your monthly expenses with Owner Occupying one unit and leasing out the other two units or fully leasing the building for the ideal investment property. The current Owner occupies one of the two bedroom apartments and rents out the other two apartments. The financial upside is evident with current rents of $1,450 per month & $827 per month plus Hydro, showcasing significant potential for growth in rental income and market value. Additionally, the owner has had Blueprints completed for the ultimate Owner occupied investment property. These plans would include a 4 car garage with a 3 bedroom apartment in the rear of the property. Proforma attached to show the potential ! Please check out the RES-4 zoning with the City of Kitchener for a future of possibilities with this property. This property is a fantastic opportunity that investors should not pass up. Property being sold " AS IS , WHERE IS' .

Inclusions: Smoke Detector,Fridges X 3, Stoves X 3, Washer & Dryer All Sold, " As Is "

Exclusions : Tenants Belongings

Building Features:

  • Floor Space: 1856 Square Feet

Property Features:

  • Bedrooms: 5
  • Acres Range: < 0.5
  • Basement: Full, Finished
  • Built in: 1968
  • Construction Materials: Brick
  • Cooling: Other
  • Driveway Parking: Outside/Surface/Open
  • Floor Space (approx): 1856 Square Feet
  • Heating: Natural Gas
  • Interior Features: Separate Heating Controls, Separate Hydro Meters
  • Laundry Features: Common Area
  • Lot Depth: 150 Feet
  • Lot Features: Rectangular, Airport, Highway Access, Hospital, Park, Place of Worship, Public Parking, Public Transit, Regional Mall, School Bus Route, Shopping Nearby
  • Lot Frontage: 53.00 Feet
  • Roof: Asphalt Shing
  • Security Features: Smoke Detector
  • Water Source: Municipal
  • Zoning: RES-4
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 10

Courtesy of: KELLER WILLIAMS INNOVATION REALTY

Data provided by: Kitchener-Waterloo Association of REALTORS® 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 74 Carnaby Crescent, Kitchener, ON, N2A 1M7

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

34 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

52/100

Moderate

ClimateCheck®

Current data

This property, 74 Carnaby Crescent , experiences 7 hot days per year at around 30.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.4 degrees Celsius.

Projected Avg. Temperature

Past
30.8℃
2050
34.4℃

# Hot Days Per Year

Past
7
2050
34

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 74 Carnaby Crescent , experiences 11 significant 2-day storms per year, with about 319.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 396.8mm of precipitation per year.

Precipitation Per Storm

Past
319.7mm
2050
396.8mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 74 Carnaby Crescent, Kitchener, ON, N2A 1M7

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$97,623.59

Average Number of Children

1.74

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.79 %

High school certificate or equivalent

33.64 %

Apprenticeship trade certificate/diploma

6.51 %

College/non-university certificate

20.21 %

University certificate (below bachelor)

1.67 %

University Degree

15.19 %

Commuter

Travel To Work

By Car

87.09 %

By Public Transit

6.58 %

By Walking

2.54 %

By Bicycle

0.0 %

By Other Methods

3.79 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

40.47 %

Houses

59.53 %

Own Vs. Rent

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