| Message Number | 399556 | ||||||
|---|---|---|---|---|---|---|---|
| status | Active | ||||||
| Subject Line | SOLD! KWC Kitchener- Triplex -$899,900 - Nearly $42,000 Gross - Quick drive to Expressway, Easy walk to Downtown Kitchener | ||||||
| Business area |
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| Location, City | Kitchener | ||||||
| Have/Want | Have | ||||||
| Business category | Apartment buildings/multi unit/condo townhouse projects/investments | ||||||
| Date of Listing | July 7 2021 | ||||||
| Type Description | Investment Real Estate | ||||||
| Location | 270 Clifton Road, Kitchener | ||||||
| Zoning | R6 | ||||||
| Gross Income | 41,844.00 | ||||||
| Expenses | 12,303.00 | ||||||
| Net Income | 29541 | ||||||
| Comments | Nearly $42,000 Gross Annual Income Available Here! This clean, purpose-built triplex beckons for your immediate attention. This is NOT a drive by.
Nice improvements including: vinyl windows, aluminum soffits, fascia and eavestroughs, water softener (2020), picket fence (2018), separate electrical meters. Renovated basement unit. New, vinyl clad storage shed. Note oversized basement level windows. Easily accessed parking provides for four parking spots. A truly turn key operation that generates strong, positive cash flow with just 35% down! Current rents: $1295, $1350 and $842. Coin laundry machines provide for an additional income stream. Investor work sheet with full financials available. Across from Guelph Street Park. 100 M from Lancaster Street and its restaurants, boutiques, amenities as well as public transit. Quick drive to Expressway, Easy walk to Downtown Kitchener. Looking for an opportunity to enter into the lucrative Kitchener-Waterloo real estate investment market? This is The One. |
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| Internet Links |
Kitchener Economic Development |
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| Member Identifier | 201 | ||||||
| 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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Mailing Address: 131 Bloor St. W., Suite 200, Toronto, Ontario M5S 1R8
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