Message Number398120
statusActive
Subject LineKWC Kitchener- Triplex -$899,900 - Nearly $42,000 Gross - Quick drive to Expressway, Easy walk to Downtown Kitchener
Business area
Canada
Ontario
Southwestern Ontario
Location, CityKitchener
Have/WantHave
Business categoryApartment buildings/multi unit/condo townhouse projects/investments
Date of ListingMay 11 2021
Type DescriptionInvestment Real Estate
Location270 Clifton Road, Kitchener
Building area1956
ZoningR6
Gross Income41,844.00
Expenses12,303.00
Net Income29541
CommentsNearly $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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Member Identifier201
ControlMLS
NameMike Milovick
TitleBroker
Company NameRoyal LePage Grand Valley Realty Brokerage
Address Line OneUnit 15C, 370 Highland Road West
CityKitchener
State/ProvinceOntario
Zip/Postal CodeN2M 5J9
CountryCanada
Business Phone Number(519)745-7000
Cell Number519745-7000
Home Number519745-7000
FAX Number(519) 745-8460
Email AddressSend Email
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