Sold on Oct 27, 2023
Note: Property is not currently for sale or for rent.
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Type: Triplex
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Style: 2-Storey
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Size: 1500 sqft
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Lot Size: 50.31 x 115.84 Feet
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Age: 31-50 years
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Taxes: $4,941 per year
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Days on Site: 14 Days
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Added: Oct 13, 2023 (2 weeks on market)
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Updated:
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Last Checked: 1 hour ago
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MLS®#: X7214942
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Listed By: Rock star real estate inc.
Prime Purpose Built Triplex Opportunity in Kitchener! Welcome To This Fantastic Investment Property Featuring Three Well-Maintained Units, All Three Units Each With 2 Bedrooms, 1 Bathroom, In-Suite Laundry & The Added Convenience Of 4+ Parking Spaces. The Entire Property Was Tastefully Renovated Just A Few Years Ago, Ensuring Modern Amenities & Appeal; Including A Gas Fireplace In Each Unit. No Major Updates Required! Plus, Upper Two Floors Each Have Front & Back Balconies. Enjoy Immediate Cash Flow With 2 of the 3 Units Currently Occupied, The Lower Unit Is Vacant For You to Set Market Rent or Move In And Have Your Tenants Pay Your Mortgage. Each Unit Has Its Own Separate Utility Meters (Gas/Hydro/Water), Providing Hassle-Free Management & Allowing Tenants To Cover Their Own Utility Costs. Situated In A Prime Kitchener Location, Residents Have Easy Access To Schools, Parks, Shopping, Public Transportation & Within Walking Distance Of St. Mary's Hospital.
Extras
Whether You're A Seasoned Investor Or Just Starting, This Property Is Turnkey, Providing A Stress-Free Investment Experience. All Hot Water Tanks Are Owned, Water Softener Owned, Separately Metered Gas, Hydro, Water.
Status
Days on Market: 14
Last Status: Sold
Sold Date: Oct 27, 2023
Closed Date: Dec 14, 2023
Expiry Date: Feb 10, 2024
Sold Price: $970,000
Unavailable Date: Oct 30, 2023
Input Date: Oct 13, 2023
Property
Status: Sale
Property Type: Triplex
Style: 2-Storey
Size (sq ft): 1500
Age: 31-50
Area: Kitchener
Availability Date: Flexible
Inside
Bedrooms: 6
Bedrooms Plus: 3
Bathrooms: 3
Kitchens: 2
Kitchens Plus: 1
Rooms: 10
Den/Family Room: No
Air Conditioning: None
Fireplace: Yes
Laundry Level: Main
Central Vacuum: N
Washrooms: 3
Utilities
Electricity: Yes
Gas: Yes
Cable: Yes
Telephone: Yes
Building
Basement: Full
Basement 2: Sep Entrance
Heat Type: Baseboard
Heat Source: Electric
Exterior: Brick
Elevator: N
Water Supply: Municipal
Special Designation: Unknown
Retirement: N
Parking
Driveway: Private
Garage Type: None
Covered Parking Spaces: 4
Total Parking Spaces: 4
Fees
Tax Year: 2023
Tax Legal Description: PT LOT 1-2 PLAN 266 KITCHENER
Taxes: $4,941
Highlights
Feature: Hospital
Feature: Park
Feature: Place Of Worship
Feature: Public Transit
Feature: School
Land
Cross Street: Victoria St S.
Municipality District: Kitchener
Fronting On: West
Pool: None
Sewer: Sewers
Lot Depth: 115.84 Feet
Lot Frontage: 50.31 Feet
Lot Irregularities: 50.31 X X 115.84 X 47
Acres: < .50
Zoning: R2
Very Walkable
- Most errands can be accomplished on foot.
Good Transit
- Some errands can be accomplished by public transportation.
Biker's Paradise
- Daily errands do not require a car.
King Edward Public School
Elementary: PublicWestmount Public School
Elementary: PublicSt John Catholic Elementary School
Elementary: CatholicQueensmount Public School
Elementary: PublicA R Kaufman Public School
Elementary: PublicJ F Carmichael Public School
Elementary: PublicForest Heights Collegiate Institute
Secondary: PublicKitchener Waterloo Collegiate and Vocational School
Secondary: PublicBluevale Collegiate Institute
Secondary: PublicWaterloo Collegiate Institute
Secondary: PublicResurrection Catholic Secondary School
Secondary: CatholicCameron Heights Collegiate Institute
Secondary: Public-
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