$975,000

Investment For Sale In Laurentian West, Kitchener, Ontario

$975,000

Property Information:

Legal Duplex! This is the Best-performing purpose-built duplex in the area. Whether you're an investorlooking for cash-flowing rental property or a homeowner seeking an income-generating multi-generationalhome, this property would be perfect for you. It's conveniently located in Laurentian West, only minutes awayfrom the highway, within walking distance of the Sunrise Mall with restaurants &shops, amazing walkingtrails & parks and top-rated schools. The property backs onto a beautiful Everglade pond. The main floorfeatures 2 bedrooms with a huge den and 1 bathroom. The primary bedroom has a walk-in closet and abalcony. The main living area has ample space for entertaining and is open to the dining and kitchen areasthat have plenty of counter space and cabinetry. The lower unit has its own side entrance, sunroom, andprivate deck. The unit provides 1 bedroom and 1 full bathroom. You'll be amazed at the open and brightliving/dining/kitchen area with 8-foot ceilings and lots of windows, making it feel not even like you’re on thelower level. It also features a large kitchen with lots of counter space and cabinets. The bedroom here isspacious with his/hers closets. The yard is of good size, and the 1-car garage is handy, as is the doubleconcrete driveway that can accommodate 3 cars. The property has been updated in the past 5 years, over$90,000 in improvements, and is in excellent condition, making it a hassle-free investment or a comfortablemulti-generational home. Utilities in each unit are separately metered, and tenants pay their own utilities. Allappliances are newer and included too! The property is boasting a gross annual income of $54,150. There areso many possibilities here as it is turnkey, and you’ll definitely be impressed. Schedule a showing today andsee it for yourself!

Inclusions: Built-in Microwave,Garage Door Opener,Smoke Detector,Window Coverings

Exclusions : Tenant Belongings.

Building Features:

  • Floor Space: 1320.18

Property Features:

  • Bedrooms: 3
  • Acres Range: < 0.5
  • Basement: Separate Entrance, Walk-Out Access, Full, Finished, Sump Pump
  • Built in: 2004
  • Construction Materials: Vinyl Siding
  • Cooling: Central Air
  • Driveway Parking: Private Drive Double Wide
  • Exterior Features: Landscaped, Separate Hydro Meters
  • Floor Space (approx): 1320.18 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: Accessory Apartment, Auto Garage Door Remote(s), Built-In Appliances, Separate Heating Controls, Separate Hydro Meters, Other
  • Laundry Features: In-Suite
  • Lot Features: Irregular Lot, Ample Parking, Greenbelt, Public Transit, Quiet Area, School Bus Route, Shopping Nearby, Trails
  • Lot Frontage: 50.00 Feet
  • Other Structures: Shed(s)
  • Parking Features: Attached Garage, Garage Door Opener, Concrete
  • Roof: Metal
  • Security Features: Smoke Detector, Carbon Monoxide Detector(s)
  • Water Source: Municipal
  • Waterfront Features: Lake/Pond
  • Window Features: Window Coverings
  • Zoning: RES-4
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 3

Courtesy of: RE/MAX Real Estate Centre Inc.

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