Added 2 months ago
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Type: Investment
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Property Type: Commercial
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Zoning: R5
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Age: 51-99 years
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Taxes: 3450
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MLS®#: X10404346
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Days on Site: 59 Days
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Added: Oct 21, 2024 (2 months ago)
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Updated:
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Last Checked: 3 hours ago
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Listed By: Search Realty
Fully renovated, fully furnished and fully rented out, this legal triplex features excellent rents. The is one of the most lucrative investment properties on the market. 6% Cap Rate. Come check this out this great income producing property and find out how you can cash flow right away. This is a Turn Key, Ready, Set and Go opportunity for an investor. Close to vibrant downtown core, public transit and Hwy 7/8, Kitchener Market, ION and Victoria Park and walking& bike trails. Three completely independent units, each with separate entrances and a parking spot. This property was completely renovated to cater for higher rents on the mid-term market - quartz countertops, stainless steel appliances, including dishwashers and individual washer and dryers, modern bathrooms, and fully furnished to the highest detail - living rooms, bedrooms, kitchen and baths, all the furniture and appliances and TV's are included in the sale. New Lennox Furnace and A/C with a Smart Wifi Thermostat. Other upgrades included electrical, windows and doors, laminate flooring and more. Call to set up a viewing today.
Property
Status: Sale
Property Type: Investment
Age: 51-99
Net Income: 90300
Area: Kitchener
Availability Date: Flexible/Va...
Assessment Amount: $343,000
Assessment Year: 2024
Inside
Bathrooms: 3
Air Conditioning: Central Air
Washrooms: 3
Building
Basement: Y
Heat Type: Forced Air
Freestanding: Y
Water Supply: Municipal
Parking
Garage Type: Outside/Surface
Covered Parking Spaces: 3
Fees
Tax Year: 2024
Tax Legal Description: LOT 37, PLAN 239 AND SOUTH 1/2 LANE PLAN 239, KITCHENER CLOSED
Taxes: $3,450
Land
Cross Street: Courtland Ave to Ken
Municipality District: Kitchener
Parcel Number: 225040357
Sewer: Sewers
Lot Depth: 100 Feet
Lot Frontage: 40 Feet
Zoning: R5
Commercial Specific
Total Area: 1860
Total Area Metric: Sq Ft
Courtland Avenue Public School
Elementary: PublicSt Bernadette Catholic Elementary School
Elementary: CatholicQueen Elizabeth Public School
Elementary: PublicSt Anne Catholic Elementary School
Elementary: CatholicSuddaby Public School
Elementary: PublicSheppard Public School
Elementary: PublicRosemount - U Turn School
Secondary: PublicKitchener Waterloo Collegiate and Vocational School
Secondary: PublicBluevale Collegiate Institute
Secondary: PublicEastwood Collegiate Institute
Secondary: PublicSt Mary's High School
Secondary: CatholicCameron Heights Collegiate Institute
Secondary: Public
