$960,000

Investment For Sale In Central Frederick, Kitchener, Ontario

$960,000

Property Information:

This beautifully updated brick duplex, located just minutes from downtown Kitchener, the Kitchener Auditorium, The KPL Library and highway access, is a rare find that offers excellent tenants in a sturdy investment property. Meticulously maintained and full of character and upgrades, this legal duplex with 2 interlock driveways and 2 entrances offers a fantastic opportunity for both investors and homeowners looking to generate income. The 3 bedroom, 2 bathroom main floor suite has been thoughtfully renovated, showcasing a spacious open-concept kitchen and living area. It features a stunning modern chefs kitchen with stainless steel appliances, exposed wood beams, stone countertops and hardwood floors. The bedroom wing has the convenience of main-level laundry while the master bedroom offers a walk-in closet loaded with organizers. The finished basement, complete with a wet bar, a large window and an additional full bathroom, adds even more living space for relaxation and entertainment. The second unit is located on the second and 3rd levels and is in excellent condition, featuring two bedrooms, a separate dining room, a cozy living space, and a charming updated kitchen. The clawfoot bathtub is a golden feature in this house. Each unit enjoys the privacy of its own driveway, in suite laundry, and separate hydro meters, making it ideal for investors. Recent updates include a new roof, siding, and downspouts (2020), an updated AC unit (2020), furnace in 2022, modern windows, quartz countertops, and newer flooring. This property’s impeccable condition and attention to detail ensure it stands out in the market. 2022 Furnace, Main plumbing drain under the house replaced in 2024, new exterior front steps, new drain basket and drain for clawfoot tub 2024.

Inclusions: Smoke Detector,Wine Cooler,Bar Fridge In Basement, Wine Fridge In Kitchen, 2 Fridges, 2 Stoves, Dishwasher, 2 Washers, 2 Dryers, Hot Water Heater, Water Softener, Shed, Bush Lawnmower, Shovels

Exclusions : Tenants Belongings

Building Features:

  • Floor Space: 2400 Square Feet

Property Features:

  • Bedrooms: 5
  • Acres Range: < 0.5
  • Basement: Full, Finished
  • Built in: 1938
  • Construction Materials: Brick
  • Cooling: Central Air
  • Driveway Parking: Private Drive Double Wide
  • Floor Space (approx): 2768 Square Feet
  • Heating: Baseboard, Forced Air, Natural Gas
  • Interior Features: Separate Heating Controls
  • Laundry Features: In-Suite
  • Lot Depth: 78.71 Feet
  • Lot Features: Dog Park, City Lot, Library, Park, Place of Worship, Playground Nearby, Public Transit, Schools, Shopping Nearby
  • Lot Frontage: 54.95 Feet
  • Other Structures: Shed(s)
  • Parking Features: Interlock
  • Roof: Asphalt Shing
  • Security Features: Smoke Detector
  • Water Source: Municipal
  • Zoning: R5-129U
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 5

Courtesy of: RE/MAX SOLID GOLD REALTY (II) LTD.

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