Kitchener, N2A 2N5
$799,000
Listed by HOUSESIGMA INC..
LEGAL DUPLEX with permit obtained to build tiny house (ADU)! Great location walking to Fairview mall, LRT, shopping, schools and transit. Tastefully updated top to bottom with modern finishes. Main floor has 3 generous sized bedrooms with brand new flooring, pot lights, new entry door, updated washroom, updated kitchen cabinets, quartz countertop and brand new stainless steel appliances. Lower level boasts 2 bedrooms with full living room, a brand new kitchen and two separate entrances. Additional Dwelling Unit (ADU) Permit obtained to build a spacious 1 bed and den self sustained unit with separate parking space. Floor Plan available upon request. Enjoy this sun filled home with lots of light coming in from the windows upstairs and large windows in the basement. Situated on a large lot of 55 x111 feet with no neighbors behind and plenty of parking space. Excellent opportunity as this home is perfect for buyers who can utilize the basement rental income as mortgage helper or ideal for an investor looking for a cashflow producing property. Rent Potential (Approx per month) - $3,000 from Main floor and $2,000 from Basement, along with an opportunity to build and rent out the ADU for $1,500.
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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.