Added 1 month ago
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Type: Duplex
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Style: 2 1/2 Storey
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Lot Size: 32.25 x 91.15 Feet
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Age: No Data
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Taxes: $5,006 per year
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Added: Oct 10, 2024 (1 month ago)
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Updated:
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Last Checked: 1 hour ago
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MLS®#: X9391148
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Listed By: Luxe home town realty inc.
This property is perfect for Investors/buyers who appreciate distinguished homes and seek supplementary rental income or investment opportunities. Classic charm meets modern potential in this turn-key cash flow property, located in a prime downtown neighborhood. With a legal duplex and a basement in-law suite featuring a separate exit, this property offers versatile living arrangements. Plus, enjoy the convenience of three dedicated parking spaces in the back. This property boasts an impressive rental income of $4,550.00 per month, with a breakdown of $2,100.00 for the 3-bedroom unit, $1,900.00 for the 2-bedroom unit, and $550 for the in-law suite in basement. Tenants cover hydro costs, and the high-efficiency hot water boiler helps keep heating expenses low. All rental units are currently on a month-to-month basis, offering flexibility for new ownership. Financials are available upon request, and you'll find clean, low-maintenance units. Don't miss out on this unique opportunity!
Extras
Recent upgrades include updated electrical work (ESA approved) with two new panels and 120 AMP service, along with upgraded plumbing. The property features a total square footage of 2,248 sq ft.
Upcoming Open Houses
We do not have information on any open houses currently scheduled.
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Property
Status: Sale
Property Type: Duplex
Style: 2 1/2 Storey
Area: Kitchener
Availability Date: Immediate
Assessment Amount: $413,000
Assessment Year: 2023
Inside
Bedrooms: 5
Bedrooms Plus: 1
Bathrooms: 3
Kitchens: 2
Kitchens Plus: 1
Rooms: 9
Den/Family Room: Yes
Air Conditioning: Window Unit
Fireplace: No
Washrooms: 3
Utilities
Electricity: Available
Gas: Available
Cable: Available
Telephone: Available
Building
Basement: Finished
Basement 2: Sep Entrance
Heat Type: Forced Air
Heat Source: Gas
Exterior: Brick
Exterior: Vinyl Siding
Water Supply: Municipal
Special Designation: Unknown
Parking
Driveway: Private
Garage Type: None
Covered Parking Spaces: 3
Total Parking Spaces: 3
Fees
Tax Year: 2023
Tax Legal Description: lot
Taxes: $5,006
Highlights
Feature: Library
Feature: Park
Feature: Place Of Worship
Feature: Public Transit
Feature: School
Feature: School Bus Route
Land
Cross Street: Frederick St/ Simeon
Municipality District: Kitchener
Fronting On: East
Parcel Number: 225170095
Pool: None
Sewer: Sewers
Lot Depth: 91.15 Feet
Lot Frontage: 32.25 Feet
Zoning: R2B DUPLEX
Rooms
Room details for 32 Simeon Street, Kitchener
| Type | Dimensions | Description |
|---|---|---|
| Kitchen Main | 2.24 x 3.96 | |
| Dining Main | 2.34 x 2.44 | |
| Br Main | 3.30 x 3.86 | |
| Br Main | 3.30 x 3.86 | |
| Bathroom Main | - | |
| Br 2nd | 3.33 x 3.35 | |
| Br 2nd | 2.74 x 3.48 | |
| Br 2nd | 3.33 x 3.35 | |
| Kitchen 2nd | 4.00 x 3.71 | |
| Kitchen Bsmt | 4.00 x 3.71 | |
| Br Bsmt | 3.05 x 6.10 | |
| Living Bsmt | 3.66 x 5.31 |
Very Walkable
- Daily errands do not require a car.
Good Transit
- Some errands can be accomplished by public transportation.
Very Bikeable
- Most errands can be accomplished on bike.
Courtland Avenue Public School
Elementary: PublicSmithson Public School
Elementary: PublicMargaret Avenue 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-
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