Kitchener, Forest Hill, N2M 3W7
$700,000$000000
Listed by TrilliumWest Real Estate Brokerage.
Attention Income Property Seekers! Live in one Suite and rent out the other, or lease out both halves and seize this rare opportunity to own a nicely renovated, legal duplex raised bungalow nestled in a peaceful neighbourhood. This stunning property boasts two fully self-contained units, each with separate entrances, kitchens, bathrooms, and hydro meters. The upper unit underwent a stunning transformation in 2020, featuring an open-concept design, brand new kitchen with modern appliances, spacious bedrooms, and updated bathroom. The lower unit was added in 2021, offering a two-bedroom suite with brand new kitchen, modern bathroom, ample closet space, and upgraded HVAC system. This legal duplex bungalow is an excellent investment opportunity with the potential to generate significant rental income or allow you to enjoy the benefits of multi-family living while still maintaining privacy and independence. Whether through traditional long-term rentals or short-term executive rentals, this property's location is highly desirable with easy access to public transportation, major highways, and all the amenities that the surrounding community has to offer. As an added bonus, all of the furniture and lawn maintenance items in the property can be included and negotiated into an offer. Don't miss out on this chance to invest in a legal duplex bungalow that promises a comfortable and convenient lifestyle with endless possibilities for rental income.
Dryer,Microwave,Refrigerator,Stove,All Furniture, Lawn Maintenance Items, Decorations Can Be Included And Negotiated Into An Offer.
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Bedroom Primary
Kitchen
Dining Room
Living Room
Office
Bathroom
Bedroom
Bedroom
Bathroom
Utility Room
Bedroom
Recreation Room
The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.