Attention Investors! Don't miss this incredible opportunity to own a cash-flowing duplex in the heart of the city of Kitchener! Nestled at the quiet end of a street with a charming village feel, this property offers exceptional privacy while being just steps from downtown core office buildings, the Kitchener Market, shops, and the KWC Rapid Light Rail Transit. Enjoy a short walk to the fast-growing tech hub, including Google headquarters, the Tannery Building, and the Regional Transit Hub - a prime location for long-term appreciation. This versatile property features: Large parking lot can be parked for 5 cars; Basement with laundry and storage; Upper 2-bedroom unit with a spacious attic (potential for 1-2 more bedrooms) and private patio. Main level with potential for 2 bachelor units or one large 1-bedroom unit. Carpet-free throughout. Whether you're looking to live in one unit and rent the other to help cover your mortgage or fully lease both units for a potential income of $5,000+ per month, this property delivers strong returns. Zoned for Downtown Core, offering huge future development potential with numerous condo projects already underway in the area! Additional features: New shingle roof (2024); High-efficiency furnace (2018); Owned hot water tank. Located just steps from Conestoga College and McMaster University's Health Sciences Campus, this property is in a high-demand rental market with a steady stream of tenants. Endless potential, unbeatable location, and immediate income - this one wont last! (id:36109)
Property Details
MLS® Number
X12071038
Property Type
Multi-family
Amenities Near By
Public Transit, Schools, Park, Hospital
Equipment Type
None
Features
Irregular Lot Size, Flat Site, Dry
Parking Space Total
5
Rental Equipment Type
None
Structure
Porch
Building
Bathroom Total
3
Bedrooms Above Ground
4
Bedrooms Total
4
Age
51 To 99 Years
Appliances
Water Heater, Water Meter, Dryer, Two Stoves, Washer, Refrigerator