$899,900
Apartment
828 Stirling Ave S
Kitchener, N2M 3K3
No obligation, free tour cancelation.
Beds · 7
Baths · 5
Sqft · 3000-3500
Description
Attention Investors! Discover this Legal Triplex, a rare gem combining two complete homes in one package with potential to expand into 4 Units. The front home presents a 1.5-storey residence with a full basement, offering the potential for conversion into a 4th Basement Unit. The rear 2019 Construct...ion home is a well-designed and spacious Up/Down Duplex exempt from rent control regulations. Take advantage of Kitchener's robust rental market with market-rate rental increases every year. Totaling 7 beds/5 baths across three units, each with its own entrance, in-suite laundry, central air, over 3500 square feet of total living space, and parking for 6 vehicles, this property can generate up to $6,800/mth on closing. Unit A features 2-bed, 1-bath rented for $2,050. Unit B boasts a 3-bed, 2.5-bath rented for $2,275. Unit C 2-bed, 1-bath basement rented for $1,575. Ideally situated just off Hwy 8 and Homer Watson near essential amenities minutes from Downtown Kitchener and Uptown Waterloo **** Extras **** Additional Rooms - 2nd level: bathroom(4-pc), laundry. 3rd level: kitchen/living room, two bedroom, bathroom(4-pc).
General
Type
Apartment
Style
2-Storey
Approximate Age
51-99
Square Footage
3000-3500 sqft
Taxes
$4,993.66 /yr
Maintenance Fee
-
Courtesy of:
KELLER WILLIAMS SIGNATURE REALTY