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$449,000
Est. payment /mo
4 Beds
2 Baths
UPDATED:
Key Details
Property Type Townhouse
Sub Type Att/Row/Townhouse
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
MLS Listing ID X12614616
Style 2-Storey
Bedrooms 4
Annual Tax Amount $2,577
Tax Year 2025
Property Sub-Type Att/Row/Townhouse
Property Description
HIGHEST CAP RATE IN TOWN at 7%+! Explore an exciting investment opportunity in this non-conforming duplex townhouse with two separate units. The upper unit sets the tone with updated flooring and a neutral palette. The bright living room seamlessly joins the dining room, forming a cozy gathering space. The kitchen, designed for functionality, features white cabinets and outdoor views. The hallway has built-in storage cabinets and an extra storage area. Upstairs, discover three comfortable bedrooms and a convenient 4pc bath. The second-floor has access to a balcony for some fresh air. The vacant lower unit, newly renovated, enhances the property's versatility with a completely separate entrance. This unit includes a kitchen, a family room, a spacious bedroom, and a 4-pc bath. Additional storage ensures a clutter-free environment. Both units easily bring in a combined income of $3500/mth which will only go higher in the years ahead. Located in the heart of Downtown Kitchener, this property offers easy access to ION Public Transit, the Kitchener Market, schools, Victoria Park, and a variety of shopping and dining options. This home is the ideal turn-key investment for savvy investors, as evidenced by a net profit of over $31k in 2025. Don't let this opportunity pass by - book your private showing today!
Location
State ON
County Waterloo
Area Waterloo
Rooms
Family Room Yes
Basement Finished with Walk-Out, Full
Kitchen 2
Separate Den/Office 1
Interior
Interior Features Water Heater Owned
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Front Yard Parking
Pool None
Roof Type Membrane,Flat
Lot Frontage 20.74
Lot Depth 70.54
Total Parking Spaces 1
Building
Building Age 100+
Unit Features Library,Place Of Worship,Park,School
Foundation Unknown
Others
ParcelsYN Yes
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Listed by CITYSCAPE REAL ESTATE LTD.
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