Well maintained LEGAL DUPLEX located downtown Kitchener with $50,000 yearly GROSS income! Two 2-bedroom units bring in a NET Yearly income of $40k! Both units are VACANT so you can move in or set your own rents! This is a turn-key cash flow property with very clean and well maintained units. Main floor (+ basement) unit is 2 bedrooms & 1.5 baths market attainable rent of $2,250/month. Upstairs unit is 2 bedrooms & 1 bath unit and with market attainable rent of $1,950/month. Total of 3 parking spots to be used by both units. Both units have been recently renovated and have separate laundry facilities. The back yard is fenced and has a patio that is perfect for outdoor entertaining or relaxing. Walking distance to parks, bus routes, ION Light Rail, the Tannery Building, Google, restaurants, coffee shops and more! Book your viewing today!
Property Type:
Residential Income
Property SubType:
Duplex Up/Down
Year built:
1913
(Age: 112)
Listing General Location:
313 - Downtown Kitchener/West Ward, 3 - Kitchener West
Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
Construction:
Vinyl Siding
Basement:
Full, Finished
Foundation:
Poured Concrete
UFFI:
No
Roof:
Asphalt Shing
Number of Storeys:
2
Number of Buildings:
0
Other Structures:
Shed(s)
Total Floor Area:
1,425 sq. ft.132 m2
Finished Area Above Grade:
1,425 sq. ft.132 m2
Fireplace:
false
Laundry Features:
In-Suite
Water Supply:
Municipal
Sewer:
Sewer (Municipal)
Cooling:
Central Air
Heating:
Forced Air, Natural Gas
Window Coverings,All Appliances Are Owned By The Seller And Included In As Is Condition (They All Work But Seller Has Never Lived There). Bbq In Back Yard.
Data was last updated February 10, 2025 at 11:50 PM (UTC)
Area Statistics
Listings on market:
14
Avg list price:
$1,219,500
Min list price:
$660,000
Max list price:
$6,195,000
Avg days on market:
28
Min days on market:
3
Max days on market:
334
Avg price per sq.ft.:
$430.73
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.