Added 2 days ago
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Type: Triplex
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Style: 2 1/2 Storey
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Lot Size: 53.09 x 150 Feet
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Age: 51-99 years
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Taxes: $5,104 per year
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Added: Mar 14, 2025 (2 days ago)
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Updated:
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Last Checked: 1 day ago
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MLS®#: X12020436
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Listed By: Keller williams innovation realty
Attention to investors who are looking for a Purpose-built triplex in the quiet Chicopee/Lackner Woods neighbourhood near all amenities !Very quiet mature neighbourhood and walking distance to parks. This building consists of: Two -2 bedrooms apartments and One-1 bedroom apartment. Separate hydro meters. This Purpose-built Triplex is a great way to reduce your monthly expenses with Owner Occupying one unit and leasing out the other two units or fully leasing the building for the ideal investment property. The current Owner occupies one of the two bedroom apartments and rents out the other two apartments. The financial upside is evident with current rents of $1,450 per month & $827 per month plus Hydro, showcasing significant potential for growth in rental income and market value. Additionally, the owner has had Blueprints completed for the ultimate Owner occupied investment property. These plans would include a 4 car garage with a 3 bedroom apartment in the rear of the property. Proforma attached to show the potential ! Please check out the RES-4 zoning with the City of Kitchener for a future of possibilities with this property. This property is a fantastic opportunity that investors should not pass up. Property being sold " AS IS , WHERE IS' .
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Property
Status: Sale
Property Type: Triplex
Style: 2 1/2 Storey
Age: 51-99
Area: Kitchener
Availability Date: flexible w ten
Assessment Amount: $401,000
Assessment Year: 2024
Inside
Bedrooms: 4
Bedrooms Plus: 1
Bathrooms: 3
Kitchens: 2
Kitchens Plus: 1
Rooms: 8
Den/Family Room: No
Air Conditioning: None
Fireplace: No
Laundry Level: Lower
Central Vacuum: N
Washrooms: 3
Building
Basement: Apartment
Basement 2: Sep Entrance
Heat Type: Water
Heat Source: Gas
Exterior: Brick
Water Supply: Municipal
Special Designation: Unknown
Parking
Driveway: Pvt Double
Garage Type: Detached
Covered Parking Spaces: 10
Total Parking Spaces: 10
Fees
Tax Year: 2024
Tax Legal Description: LT 48 PL 1216 KITCHENER; S/T 347328; KITCHENER
Taxes: $5,104
Land
Cross Street: Carnaby and Holborn
Municipality District: Kitchener
Fronting On: North
Parcel Number: 225510059
Pool: None
Sewer: Sewers
Lot Depth: 150 Feet
Lot Frontage: 53.09 Feet
Acres: < .50
Zoning: res 4
Very Walkable
- Most errands can be accomplished on foot.
Some Transit
- Most errands require a car.
Bikeable
- Some errands can be accomplished on bike.
Canadian Martyrs Catholic Elementary School
Elementary: CatholicSt Daniel Catholic Elementary School
Elementary: CatholicCrestview Public School
Elementary: PublicStanley Park Public School
Elementary: PublicLackner Woods Public School
Elementary: PublicFranklin Public School
Elementary: PublicRosemount - U Turn School
Secondary: PublicÉSC Père-René-de-Galinée
Secondary: CatholicEastwood Collegiate Institute
Secondary: PublicGrand River Collegiate Institute
Secondary: PublicSt Mary's High School
Secondary: CatholicCameron Heights Collegiate Institute
Secondary: Public-
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