132 Merner Avenue, Kitchener, ON, N2H 1X8

$1,049,900

MLS® # 40646097

Investment For Sale In Auditorium, Kitchener, Ontario

$1,049,900

Property Information:

Turn-key legal triplex with 72K+ gross annual income potential located in the desirable East Ward neighborhood of Kitchener. 132 Merner Ave features a 3 bed upper unit (vacant), lower 2 bed unit (tenanted) and rear bachelor unit (vacant). Spacious upper 3 bed unit features open living/dining room area, eat-in kitchen with pantry, updated bathroom, new paint and in-suite laundry. Lower 2 bedroom unit brand new in 2023 accessible through the separate side entrance currently rented at $2195 with A+ tenants. Unit includes 2 bedrooms, tiled shower in the bathroom, large open concept living/dining/kitchen area, SS appliances, new rads, interconnected fire alarms and large laundry/den area. Rear bachelor unit brand new 2023 with tiled bathroom/shower, in-suite laundry, new appliances, mini split duct for heat/AC. Each unit has it's own hydro panel, in-suite laundry, sound proofing, double wide driveway and double car garage with new doors, new drainage systems and more. Prime location, condition, and opportunity! Contact listing agent for financials.

Inclusions: Other,All Appliances

Exclusions : Tenant Belongings

Building Features:

  • Floor Space: 1635 Square Feet

Property Features:

  • Bedrooms: 5
  • Acres Range: < 0.5
  • Basement: Separate Entrance, Full, Finished
  • Cooling: Other
  • Driveway Parking: Private Drive Double Wide
  • Floor Space (approx): 1635 Square Feet
  • Heating: Natural Gas, Radiant
  • Interior Features: Separate Heating Controls, Separate Hydro Meters
  • Laundry Features: In-Suite
  • Lot Depth: 122 Feet
  • Lot Features: Rectangular, Dog Park, City Lot, Highway Access, Library, Park, Place of Worship, Playground Nearby, Public Transit, Rec./Community Centre, School Bus Route, Schools, Shopping Nearby
  • Lot Frontage: 42.00 Feet
  • Parking Features: Attached Garage, Asphalt, Built-In
  • Roof: Asphalt Shing
  • Security Features: Carbon Monoxide Detector(s)
  • Water Source: Municipal
  • Zoning: res-4
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 4

Courtesy of: Flux 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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