190 Melrose Avenue, Kitchener, ON, N2H 2C1 - investment for sale | Listing ID 40625701

190 MELROSE Avenue, Kitchener, Ontario, N2H 2C1

MLS® # 40625701

Investment For Sale In Auditorium, Kitchener, Ontario

$799,000

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190 Melrose Avenue, Kitchener, ON - Outdoor

190 Melrose Avenue, Kitchener, ON - Outdoor With Exterior

190 Melrose Avenue, Kitchener, ON - Indoor Photo Showing Other Room

190 Melrose Avenue, Kitchener, ON - Indoor Photo Showing Kitchen With Double Sink

190 Melrose Avenue, Kitchener, ON - Indoor Photo Showing Kitchen With Stainless Steel Kitchen

190 Melrose Avenue, Kitchener, ON - Indoor Photo Showing Bathroom

190 Melrose Avenue, Kitchener, ON - Indoor

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Home Insurance - TD Insurance

Get a home insurance quote online for this $799,000 property in Kitchener

Provided by TD Insurance

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190 MELROSE Avenue, Kitchener, Ontario, N2H 2C1

$799,000

Property Information:

A newly RENOVATED LEGAL DUPLEX on a LARGE lot, perfect for those looking for a turn-key investment, a mortgage helper, or to accommodate multi-generational families. With a potential yearly income of $57,000, this duplex features ample living space, a spacious garage, BRAND NEW legal basement apartment, all updated throughout with new luxury vinyl plank flooring, modern light fixtures, and fresh paint. The completely separate basement unit boasts TWO entrances - the main backyard entrance and a secondary garage entrance for added convenience and privacy. Abundant natural light bathes the units with the large windows throughout the upper and above-grade windows for the lower. The main floor hosts 3 generously-sized bedrooms and a 4-piece bathroom. The lower level has 2 large bedrooms, a 3-piece bathroom with a modern extra-large glass shower, a full kitchen with brand new stainless steel appliances, and a laundry room with full-size side-by-side washer & dryer. Safe and sound insulation between the units to minimize sound transfer and maximize privacy. This location is ideal, granting effortless access to neighbourhood amenities, nearby parks & conservation areas, close proximity to public transit, and straightforward highway access onto Conestoga Parkway. The generous lot offers the potential for an additional unit (ADU) in the rear yard for the opportunity to unlock additional value and income. See the potential for yourself on this not-to-be-missed property and book your viewing today! (id:27)

Building Features:

Style: Multiplex
Building Type: Duplex
Basement Development: Partially finished
Basement Type: Full
Exterior Finish: Brick
Foundation Type: Poured Concrete
Heating Type: Radiant heat
Cooling Type:

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Access Type: Road access, Highway access
Amenities Nearby: Airport, Golf Nearby, Hospital, Park, Public Transit, Schools, Shopping
Community Features: Community Centre
Features: Conservation/green belt
Lot Depth: 108.0 Feet
Lot Frontage: 65.0 Feet
Zoning: R-4
Sewer: Municipal sewage system
Parking Type: Attached garage
No. of Parking Spaces: 3

Courtesy of: Chestnut Park Realty Southwestern Ontario Limited, Chestnut Park Realty Southwestern Ontario Ltd., Brokerage

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Market Price Trends

Location of 190 MELROSE Avenue, Kitchener, Ontario, N2H 2C1

Lifestyle
Neighbourhood

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: High

34 hot days expected in 2050

52/100

High

ClimateCheck®

Current data

This property, 190 MELROSE Avenue , 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 34.3 degrees Celsius.

Projected Avg. Temperature

Past

30.8℃

2050

34.3℃

# Hot Days Per Year

Past

2050

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:

14 storms expected in 2050

64/100

ClimateCheck®

Current data

This property, 190 MELROSE Avenue , experiences 11 significant 2-day storms per year, with about 320.2mm 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 397.8mm of precipitation per year.

Precipitation Per Storm

Past

320.2mm

2050

397.8mm

48-Hour Storms Per Year

Past

2050

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 190 MELROSE Avenue, Kitchener, Ontario, N2H 2C1

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$156,258.74

Average Number of Children

1.69

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.9 %

High school certificate or equivalent

23.56 %

Apprenticeship trade certificate/diploma

5.2 %

College/non-university certificate

26.51 %

University certificate (below bachelor)

0.79 %

University Degree

30.04 %

Commuter

Travel To Work

By Car

87.62 %

By Public Transit

1.07 %

By Walking

7.31 %

By Bicycle

0.54 %

By Other Methods

3.46 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

15.98 %

Houses

84.02 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Sales/Price History

Market Price Trends

Location of 190 MELROSE Avenue, Kitchener, Ontario, N2H 2C1

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 190 MELROSE Avenue, Kitchener, Ontario, N2H 2C1

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

190 MELROSE Avenue, Kitchener, Ontario, N2H 2C1

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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