32 Simeon Street For Sale

Kitchener, N2H 1S1

$799,000

Description

Listed by LUXE HOME TOWN REALTY INC..

This property is perfect for Investors/buyers who appreciate distinguished homes and seek supplementary rental income or investment opportunities. Classic charm meets modern potential in this turn-key cash flow property, located in a prime downtown neighborhood. With a legal duplex and a basement in-law suite featuring a separate exit, this property offers versatile living arrangements. Plus, enjoy the convenience of three dedicated parking spaces in the back. This property boasts an impressive rental income of $4,550.00 per month, with a breakdown of $2,100.00 for the 3-bedroom unit, $1,900.00 for the 2-bedroom unit, and $550 for the in-law suite in basement. Tenants cover hydro costs, and the high-efficiency hot water boiler helps keep heating expenses low. All rental units are currently on a month-to-month basis, offering flexibility for new ownership. Financials are available upon request, and you'll find clean, low-maintenance units. Don't miss out on this unique opportunity!

Recent upgrades include updated electrical work (ESA approved) with two new panels and 120 AMP service, along with upgraded plumbing. The property features a total square footage of 2,248 sq ft.

Location

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  • Address: 32 Simeon Street
  • Neighborhood:
  • City: Kitchener
  • State: Ontario
  • Postal Code: N2H 1S1

Property Details

  • Property ID: X9391148
  • Property Price: $799,000
  • Style: Duplex, 2 1/2 Storey
  • Rooms: 9+1
  • Bedrooms: 5+1
  • Bath: 3
  • Parking Spaces: 3
  • A/C: Window Unit
  • Basement: Finished, Sep Entrance
  • Den: Y
  • Exterior: Brick, Vinyl Siding
  • Heating: Forced Air
  • Fireplace: N
  • Taxes: $5,006.00 (2023)
  • Lot: 91.15x32.25 (Feet)

Room details and dimensions

Statistics for similar Duplex homes in

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Average days on market for similar Duplex homes in

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.

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Property History

This property has been sold 2 times before. To view this property's sale price history please sign in or register:


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Recently Sold

    • Sold 17 days ago

    73 Locust Street

    Kitchener, N2H 1W8

    $895,000

    $000000

  • Contact Manoj Kukreja

    Sales Representative, Re/max Premier Inc., Brokerage
    (647) 576 - 2100

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