Kitchener, N2E 3Y5
$975,000
Listed by RE/MAX REAL ESTATE CENTRE INC..
Legal Duplex! This is the Best-performing purpose-built duplex in the area. Whether you're an investor looking for cash-flowing rental property or a homeowner seeking an income-generating multi-generational home, this property would be perfect for you. It's conveniently located in Laurentian West, only minutes away from the highway, within walking distance of the Sunrise Mall with restaurants &shops, amazing walking trails & parks and top-rated schools. The property backs onto a beautiful Everglade pond. The main floor features 2 bedrooms with a huge den and 1 bathroom. The primary bedroom has a walk-in closet and a balcony. The main living area has ample space for entertaining and is open to the dining and kitchen areas that have plenty of counter space and cabinetry. The lower unit has its own side entrance, sunroom, and private deck. The unit provides 1 bedroom and 1 full bathroom. You'll be amazed at the open and bright living/dining/kitchen area with 8-foot ceilings and lots of windows, making it feel not even like you're on the lower level. It also features a large kitchen with lots of counter space and cabinets. The bedroom here is spacious with his/hers closets. The yard is of good size, and the 1-car garage is handy, as is the double concrete driveway that can accommodate 3 cars. The property has been updated in the past 5 years, over $90,000 in improvements, and is in excellent condition, making it a hassle-free investment or a comfortable multi-generational home. Utilities in each unit are separately metered, and tenants pay their own utilities. All appliances are newer and included too! The property is boasting a gross annual income of $54,150. There are so many possibilities here as it is turnkey, and you'll definitely be impressed. Schedule a showing today and see it for yourself!
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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.
This property has been sold 1 time before. To view this property's sale price history please sign in or register: