Legal triplex in central Kitchener with stable current income. Offering approx. 2,400 sq. ft. across three self-contained units, this property has been upgraded with 100-amp service in each unit, vinyl windows, roof and eaves, updated stairwells, resurfaced driveway and cement walkways, fire-rated doors, and refreshed kitchens, bathrooms with acrylic bath fitters and flooring. Coin-operated laundry adds extra revenue. Owner pays heat and water, while tenants cover their own hydro usage through separate panels. Conversion to separate utility metering is easy, creating further long-term value. The property includes a paved parking lot for three cars plus available fourth spot near the front entrance. Ideally located within a Major Transit Station Area and walking distance to downtown Kitchener, the LRT, Google, and other major employers, this triplex combines stable income today with redevelopment potential in one of the region’s fastest-growing corridors. (id:31684)
Property Features
Heating Information
Baseboard
Natural Gas
Cooling Information
None
Listing Courtesy: EXP REALTY
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by and identify the quality of services provided by REALTORS®. Used under license. This information contained on this site is based in whole or in part on listing content from The Canadian Real Estate Association, which assumes no responsibility for its accuracy. This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Canadian Real Estate Association.