| Message Number | 396128 | ||||||||
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| status | Active | ||||||||
| Subject Line | KWC - Kitchener - Duplex - $599,900 - Renovated with Double Car Garage - $35,000 + Gross - One Block East of Kitchener Market LRT Station | ||||||||
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| Location, City | Kitchener | ||||||||
| Have/Want | Have | ||||||||
| Business category | Apartment buildings/multi unit/condo townhouse projects/investments | ||||||||
| Date of Listing | February 21 2021 | ||||||||
| Type Description | Duplex | ||||||||
| Location | 167-169 Weber Street East, Kitchener | ||||||||
| Price | $599,900.00 | ||||||||
| Building area | 2000 | ||||||||
| Zoning | CR-1 | ||||||||
| Gross Income | 35054 | ||||||||
| Expenses | 9419 | ||||||||
| Net Income | 25635 | ||||||||
| Cap Rate | 4.2 | ||||||||
| Comments | Opportunity abounds! Renovated duplex in Downtown/East Ward beckons for your immediate attention!
Hi-lites: Updated kitchens with contemporary white cabinets and glass backsplash. Stunning bathrooms. Pot lighting, beautiful, original wood base/trim. Sliding pocket door. Separate electrical meters. Newer vinyl windows. Newer front doors. Rare, oversized double car garage. Two households with vehicles can park independently - side-by-side. Newer roof. Oversized, back deck. Easy walk to Downtown and all its amenities including Farmers' Market, The Museum, Library, Courthouse and Night Life. One block from Kitchener Market LRT Stop. 12 minute walk to Kitchener Auditorium. Main unit tenant on month-to-month lease. Main unit pays $1071 per month plus electricity. Upper unit is vacant and is ready to for move in - or ready to go to market rate - your choice! Good, flexible zoning which allows for many supplemental uses. This home could work very well for owner occupier that seeks quality of life with mortgage helper income, buyers with multi-generational family trying to keep everyone under one roof or investor looking to get a deed in their name - in one of the best real estate markets in Ontario! Click on link below for financials: |
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| Internet Links |
More Investment Properties Here |
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| Member Identifier | 201 | ||||||||
| Client Wants | Cash | ||||||||
| Control | MLS | ||||||||
| Name | Mike Milovick | ||||||||
| Title | Broker | ||||||||
| Company Name | Royal LePage Grand Valley Realty Brokerage | ||||||||
| Address Line One | Unit 15C, 370 Highland Road West | ||||||||
| City | Kitchener | ||||||||
| State/Province | Ontario | ||||||||
| Zip/Postal Code | N2M 5J9 | ||||||||
| Country | Canada | ||||||||
| Business Phone Number | (519)745-7000 | ||||||||
| Cell Number | 519745-7000 | ||||||||
| Home Number | 519745-7000 | ||||||||
| FAX Number | (519) 745-8460 | ||||||||
| Email Address | Send Email | ||||||||
| Home Page | Home Page |
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