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32 Simeon Street, Kitchener, ON, N2H 1S1

MLS® # 40661383
Investment For Sale In Central Frederick, Kitchener, Ontario
$799,000
32 Simeon Street, Kitchener, ON - Outdoor
32 Simeon Street, Kitchener, ON  - Outdoor
32 Simeon Street, Kitchener, ON  - Indoor Photo Showing Kitchen
32 Simeon Street, Kitchener, ON  - Indoor
32 Simeon Street, Kitchener, ON  - Indoor
32 Simeon Street, Kitchener, ON - Indoor Photo Showing Bathroom

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32 Simeon Street, Kitchener, ON, N2H 1S1
$799,000

Property Information:

This property is perfect for Investors/buyers who appreciate distinguished homes and seek supplementary rental income or investment opportunities. Classic charm meets modern potential in this turn-key cash flow property, located in a prime downtown neighborhood. With a legal duplex and a basement in-law suite featuring a separate exit, this property offers versatile living arrangements. Plus, enjoy the convenience of three dedicated parking spaces in the back.This property boasts an impressive rental income of $4,550.00 per month, with a breakdown of $2,100.00 for the 3-bedroom unit, $1,900.00 for the 2-bedroom unit, and $550 for the in-law suite in basement. Tenants cover hydro costs, and the high-efficiency hot water boiler helps keep heating expenses low. All rental units are currently on a month-to-month basis, offering flexibility for new ownership. Financials are available upon request, and you'll find clean, low-maintenance units.Don't miss out on this unique opportunity!Recent upgrades include updated electrical work (ESA approved) with two new panels and 120 AMP service, along with upgraded plumbing. The property features a total square footage of 2,248 sq ft.

Inclusions: Other,Carbon Monoxide Detector, Washer/Dryer, Refrigerator, Smoke Detector, Stove, Window Coverings.

Exclusions : Hot Water Heater (Rental).

Building Features:

  • Floor Space: 2248 Square Feet

Property Features:

  • Bedrooms: 6
  • Acres Range: < 0.5
  • Basement: Separate Entrance, Full, Finished
  • Construction Materials: Vinyl Siding
  • Cooling: Other
  • Driveway Parking: Private Drive Single Wide
  • Exterior Features: Separate Hydro Meters
  • Floor Space (approx): 2248 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: Accessory Apartment
  • Laundry Features: In-Suite
  • Lot Depth: 91 Feet
  • Lot Features: Rectangular, City Lot, Highway Access, Library, Park, Place of Worship, Playground Nearby, Public Parking, Public Transit, Regional Mall, School Bus Route, Schools
  • Lot Frontage: 32.00 Feet
  • Parking Features: Mutual/Shared
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: R2B
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 3

Courtesy of: Luxe Home Town Realty Inc, LUXE HOME TOWN REALTY INC.

Data provided by: Mississauga Real Estate Board 3450 Ridgeway Dr. #1, Mississauga, Ontario L5L 0A2
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

Location of 32 Simeon Street, Kitchener, ON, N2H 1S1

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, 32 Simeon Street , 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
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

64/100

Moderate-High

ClimateCheck®

Current data

This property, 32 Simeon Street , 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
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.

Demographic Information of 32 Simeon Street, Kitchener, ON, N2H 1S1

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$143,049.54

Average Number of Children

1.67

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.2 %

High school certificate or equivalent

25.17 %

Apprenticeship trade certificate/diploma

5.1 %

College/non-university certificate

20.77 %

University certificate (below bachelor)

1.17 %

University Degree

33.59 %

Commuter

Travel To Work

By Car

80.18 %

By Public Transit

7.42 %

By Walking

5.13 %

By Bicycle

2.02 %

By Other Methods

5.25 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

45.58 %

Houses

54.42 %

Own Vs. Rent