Kitchener, N2A 1W2
$799,900$000000
Listed by EXP REALTY.
**LEGAL DUPLEX** Nestled in the sought-after Stanley Park neighborhood, 116 Kenneth Ave presents an outstanding investment opportunity. The MAIN FLOOR UNIT features 3 bedrooms, 1 bath, and a versatile flex room ready to adapt to your needs, whether as an extra bedroom or a home office. Meanwhile, the LOWER UNIT boasts 3 bedrooms, 1 bath, and the luxury of a walkout backyard. Demanding STRONG MARKET RENT, this property is a lucrative addition to any investment portfolio. The 55FT x 141FT extra deep lot not only provides ample space but also opens doors to potential future developments. Key upgrades include plumbing and electrical systems with separate meters for each unit. Roof and furnace updated in 2020 ensure peace of mind and cost-efficient management. Take advantage of this turnkey investment opportunity in a prime location!
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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.