58 Fifth Avenue No longer available

Kitchener, N2C 1P4

$865,000

Description

Listed by REAL BROKER ONTARIO LTD..

Mostly vacant, move-in-ready, legal duplex with viable potential for a third unit! With separate parking for multiple cars, the main unit is vacant and features 3 bedrooms, 1 bathroom, a full kitchen and a spacious living room. A spiral staircase leads you to the upper-level loft that offers a bedroom, office space or storage area. With a separate entrance and separate parking for multiple cars, the spacious 1 bed 1 bath unit is occupied by an A+ tenant. The lowest level features a purpose-built bachelor suite ready for future potential income or extra private space for the family to live. Additionally, this property offers a recreation room that can be accessed from the 3-bed unit or the bachelor unit that contains a kitchenette and a 3pc bathroom. The property also offers a fully fenced rear yard with a deck, a single detached garage and ample parking for all units. A fantastic opportunity for any investor or buyer looking for immediate income/ mortgage support with great potential for more income down the road. Nestled in a sought-after location conveniently near shopping, amenities, parks, schools and public transit with minutes to highway access, don't miss your chance to own this property!

All units have separate hydro panels, electrical panels and hot water tanks (owned). Not pictured: Tenanted unit. The 1-bed unit is tenanted by an A+ Tenant who pays $1224 plus utilities.

Location

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  • Address: 58 Fifth Avenue
  • Neighborhood:
  • City: Kitchener
  • State: Ontario
  • Postal Code: N2C 1P4

Property Details

  • Property ID: X8279492
  • Property Price: $865,000
  • Style: Detached, Other
  • Rooms: 10
  • Bedrooms: 5
  • Bath: 3
  • Garages Spaces: 1
  • Garage: Detached
  • Parking Spaces: 7
  • Year Built: 31-50
  • A/C: Central Air
  • Basement: Finished, Walk-Up
  • Den: N
  • Elevator: N
  • Exterior: Alum Siding
  • Heating: Forced Air
  • Fireplace: N
  • Taxes: $3,127.10 (2023)
  • Acreage: < .50 Acres
  • Lot: 132.00x66.00 (Feet)

Room details and dimensions

Statistics for similar Detached homes in

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.

Average days on market for similar Detached 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.

Number of transactions for similar Detached homes in

Property History

This property has been sold 4 times before. To view this property's sale price history please sign in or register:


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Contact Manoj Kukreja

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

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