$650,000

Investment For Sale In Fairfield, Kitchener, Ontario

$650,000

Property Information:

Wow! This bright and charming legal duplex offers a rare opportunity for homeowners or investors seeking immediate rental income plus vacant, move-in-ready space. The main-floor unit is currently vacant and ready for an owner-occupant or new tenant, while the upper unit is already tenanted, allowing you to earn rental income right away. Both units have been thoughtfully refreshed with updates that bring style and functionality. The main floor boasts a spacious eat-in kitchen, modernized in 2021 with new countertops/backsplash/sink, and equipped with updated appliances (2024). The unit features an easy-maintenance, carpet-free design, a refreshed 4-pc bathroom, and finished basement (2021) that includes 2 bedrooms, laundry room, and additional storage.. The walk-up basement adds convenience, while the main-floor bedroom makes this a flexible space for varied needs. Outside, enjoy the low-maintenance yard and good-sized storage shed (2020). The upper unit offers a quaint 1-bedroom suite with a large entryway, updated kitchen, and refreshed bathroom (2019) – a cozy and desirable rental unit. With parking for up to 4 vehicles, this property balances convenience and comfort for tenants and homeowners alike. Located in a vibrant and accessible area of Waterloo Region, this duplex offers an ideal lifestyle blend of city amenities and suburban tranquility. Within a 3-min drive, find grocery stores, Walmart, and local conveniences, with even more variety in nearby Uptown Waterloo, Belmont Village, and Downtown Kitchener’s restaurants, shops, and services. Outdoor activities are just steps away at Breithaupt Park and George Lippert Park, featuring playgrounds, splash pad, ball diamonds, dog park, and community garden. For transit, bus stops are right outside, and the LRT Central Station/Kitchener train station are within walking distance. Commuters will appreciate the quick 5-min access to the Conestoga Expressway, offering a direct route to Cambridge, the 401, and beyond.

Inclusions: Other,2 Fridges, 2 Stoves, Washer, Dryer, Dishwasher

Exclusions : Tenant's Belongings

Building Features:

  • Floor Space: 1167.87

Property Features:

  • Bedrooms: 4
  • Acres Range: < 0.5
  • Basement: Walk-Up Access, Full, Finished
  • Built in: 1953
  • Construction Materials: Brick Veneer, Vinyl Siding
  • Cooling: None
  • Driveway Parking: Private Drive Single Wide
  • Floor Space (approx): 1869.7 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: Separate Hydro Meters
  • Laundry Features: Other
  • Lot Depth: 70.18 Feet
  • Lot Features: City Lot, Park, Playground Nearby, Public Transit, Rec./Community Centre, Schools, Shopping Nearby, Trails
  • Lot Frontage: 39.93 Feet
  • Other Structures: Shed(s)
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: RES-5
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 4

Courtesy of: Keller Williams Innovation 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