$1,190,000

Investment For Sale In Victoria Park, Kitchener, Ontario

$1,190,000

Property Information:

ATTENTION HOME BUYERS AND INVESTORS! Welcome to 111-113 Joseph St., Kitchener in the charming Victoria Park Heritage District where opportunities abound. This legal triplex presents numerous possibilities. Presently with 3 great tenants or consider occupying one unit for yourself while utilizing the other two separately hydro-metered apartments to assist with your mortgage payments. Whether you're looking to support family members, secure a solid investment, or both, this property stands out in burgeoning Downtown Kitchener. But wait, there's more! Benefit from additional income generated by owned solar panels, it’s like having a fourth unit. All current tenants are open to staying. Some of the recent upgrades include… All new Windows (2023), Two New Furnaces (2022), Central Air in Unit 113 (2022) 3 New Tub Surrounds & some Tub Fixtures (2022) All new Electrical Panels (2022) Much of the Front Porch and Upstairs Balcony Replaced (2022) And let's talk location! Situated on quiet, one-way Joseph Street within the charming Victoria Park Heritage District, this property offers the perfect blend of tranquility and urban convenience. Just steps away from Kitchener's picturesque Victoria Park, you'll also find yourself in the heart of the action. Explore downtown Kitchener on foot, with shops, restaurants, nightlife, museums, and cultural venues like the Centre In The Square, all just a short stroll away. If you're part of the high-tech scene, you're in luck – major employers like Google, Communitech, D2L, and more are within walking distance, contributing to Kitchener's exciting transformation. And for further exploration, the LRT connecting downtown Kitchener to Uptown Waterloo, the University of Waterloo, and soon Cambridge is just a 3 to 4-minute walk away.

Inclusions: Other,Total:3xfridges, 3xstoves, 1 Dishwasher(Unit 113), 1 Washer+1dryer(Unit 113), Central Air (Unit 113), Solar Panels (Both 1 Bedroom Units : No Laundry No

Exclusions : Tenant Belongings

Building Features:

  • Floor Space: 2966 Square Feet

Property Features:

  • Bedrooms: 5
  • Acres Range: < 0.5
  • Basement: Full, Unfinished
  • Built in: 1910
  • Cooling: Central Air, Other
  • Driveway Parking: Private Drive Double Wide
  • Floor Space (approx): 2966 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: Separate Hydro Meters, Solar Owned
  • Laundry Features: In-Suite, Other
  • Lot Depth: 108 Feet
  • Lot Features: City Lot, Highway Access, Hospital, Library, Open Spaces, Park, Place of Worship, Playground Nearby, Public Parking, Public Transit, Shopping Nearby
  • Lot Frontage: 60.00 Feet
  • Parking Features: Asphalt
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: R - 5
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 5

Courtesy of: Royal LePage Wolle 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