ATTENTION HOME BUYERS AND INVESTORS! Welcome to 111-113 Joseph St., Kitchener where opportunities abound. This legal triplex presents numerous possibilities. Presently with 3 great tenants or consider occupying one unit for yourself while utilizing the other two separately hydro-metered apartments to assist with your mortgage payments. Whether you're looking to support
family members, secure a solid investment, or both, this property stands out in burgeoning Downtown Kitchener. But wait, there's more! Benefit from additional income generated by owned solar panels, it’s like having a fourth unit. All current tenants are open to staying. Some of the recent upgrades include… All new Windows (2023), Two New Furnaces (2022), Central Air in Unit 113 (2022) 3 New Tub Surrounds & Tub Fixtures (2022) All new Electrical Panels (2022) Much of the Front Porch and Upstairs Balcony Replaced (2022) And let's talk location! Situated on quiet, one-way Joseph Street within the charming Victoria Park Heritage District, this property offers the perfect blend of tranquility and urban convenience. Just steps away from Kitchener's picturesque Victoria Park, you'll also find yourself in the heart of the action. Explore downtown Kitchener on foot, with shops, restaurants, nightlife, museums, and cultural venues like the Centre In The Square, all just a short stroll away. If you're part of the high-tech scene, you're in luck – major employers like Google, Communitech, D2L, and mor (see attached)
Property Type:
Residential Income
Property SubType:
Multi-3 Unit
Year built:
1910
(Age: 114)
Listing General Location:
313 - Downtown Kitchener/West Ward, 3 - Kitchener West
Attached Garage: No, Crops Included: No, Garage: No, Inspection Fire: Yes, New Construction: No
Basement:
Full, Unfinished
Foundation:
Block, Stone
UFFI:
No
Roof:
Asphalt Shing
Year Roof Replaced:
2015
Number of Storeys:
2
Number of Buildings:
0
Total Floor Area:
2,966 sq. ft.276 m2
Finished Area Above Grade:
2,966 sq. ft.276 m2
Fireplace:
false
Laundry Features:
In-Suite, Other
Water Supply:
Municipal
Sewer:
Sewer (Municipal)
Cooling:
Central Air, Other
Heating:
Forced Air, Natural Gas
Age Electric:
2
Age Furnace:
2
Age Tank:
2
Other,Total:3xfridges, 3xstoves, 1 Dishwasher(Unit 113), 1 Washer+1dryer(Unit 113), Central Air (Unit 113), Solar Panels (Both 1 Bedroom Units : No Laundry No A/C
Dryer, Refrigerator, Stove, Washer
Tenant Belongings
Separate Hydro Meters, Solar Owned
Deck, Porch
false
No
Ontario Street to Joseph Street, SE of Water Street. Joseph is one-way, park on Richmond Ave. or Water Street
No
HST Applicable To Sale Price:
No
Features:
Attached Garage: No, Crops Included: No, Garage: No, Inspection Fire: Yes, New Construction: No
Insurance Expense:
$1,191
Expenses:
Estimated
Snow Garbage Expense:
$1,338
Utilities Expense:
3451
Other Income:
$6,000
Under Contract Costs Monthly:
$45.44
Zoning:
R - 5
Total Acres:
0.149
Lot Site Features:
City Lot, Highway Access, Hospital, Library, Open Spaces, Park, Place of Worship, Playground Nearby, Public Parking, Public Transit, Shopping Nearby
Features:
Attached Garage: No, Crops Included: No, Garage: No, Inspection Fire: Yes, New Construction: No
Data was last updated November 22, 2024 at 11:50 AM (UTC)
Area Statistics
Listings on market:
21
Avg list price:
$899,900
Min list price:
$675,000
Max list price:
$7,100,000
Avg days on market:
37
Min days on market:
1
Max days on market:
254
Avg price per sq.ft.:
$412.21
These statistics are generated based on the current listing's property type
and located in
3 - Kitchener West. Average values are
derived using median calculations.