14 KENNEDY Avenue, Kitchener | Image 1

14 KENNEDY Avenue

Kitchener

  • Commercial

$1,149,900
For Sale

Added 3 weeks ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: R5

  • Age: 51-99 years

  • Taxes: 3450

  • MLS®#: X10404346

  • Days on Site: 22 Days

  • Added: Oct 20, 2024 (3 weeks ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: Search Realty

Fully renovated, fully furnished and fully rented out with Mid Term Rentals, 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: 90900

  • 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

  • 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

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Map of 14 KENNEDY Avenue, Kitchener
7-8

Courtland Avenue Public School

Elementary: Public
0.72 km
JK-8

St Bernadette Catholic Elementary School

Elementary: Catholic
1.16 km
JK-6

Queen Elizabeth Public School

Elementary: Public
1.17 km
JK-8

St Anne Catholic Elementary School

Elementary: Catholic
1.44 km
JK-6

Suddaby Public School

Elementary: Public
1.38 km
JK-6

Sheppard Public School

Elementary: Public
1.01 km
9-12

Rosemount - U Turn School

Secondary: Public
3.07 km
Pre-Grade 9-12

Kitchener Waterloo Collegiate and Vocational School

Secondary: Public
2.84 km
Pre-Grade 9-12

Bluevale Collegiate Institute

Secondary: Public
4.19 km
Pre-Grade 9-12

Eastwood Collegiate Institute

Secondary: Public
1.59 km
9-12

St Mary's High School

Secondary: Catholic
2.48 km
Pre-Grade 9-12

Cameron Heights Collegiate Institute

Secondary: Public
0.52 km
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For Sale
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$X,XXX,XXX
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