Looking for a cash flow positive property? When fully rented, this property should easily bring in over $6,500/month. Don't miss this extensively renovated property that has undergone a comprehensive transformation to cater to a diverse range of requirements. Whether you are an astute investor seeking a property with income potential, or a homeowner looking to accommodate multi-generational living arrangements, this residence surpasses expectations. The primary dwelling on the main floor and upstairs boasts a contemporary open-concept design, featuring a new kitchen (2021) equipped with quartz countertops, stainless steel appliances, and updated vinyl flooring. The thoughtful reconfiguration of the layout has yielded 4 bedrooms and 2.5 bathrooms. The basement area has been adeptly converted to a complete suite with a spacious living area, kitchen, bedroom, and a three-piece bathroom. In addition, a separate, main floor back unit ideal for extended family has been thoughtfully updated to include a new kitchen, bathroom, bedroom, and living area. Noteworthy is the presence of a total of three new kitchens (2021), three distinct living spaces, six bedrooms, 4.5 bathrooms, 3 sets of laundry facilities, and an impressive combined living space exceeding 2,700 square feet. The property has been legally configured as a duplex. Separate hydro meters. The exterior has been updated with new gutters, soffits, fascia and downspouts (2021). You are also within walking distance to grocery stores, restaurants, shopping, schools, and within 5 mins of HWY 8 and the 401.
MLS# | 40636147 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1956 |
Days On Site | 74 |
Listing Provided By | RED AND WHITE REALTY INC. | Andy Hendershot |
Bed(s) | 6 |
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Bath(s) | 5 |
SQ Feet | 2,096 |
Basement | Y |
Story(s) | 2 |
Units | 3 |
Zoning | RES-2 |
Golf Course | Yes |
Province | ON |
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County | Waterloo |
City | Kitchener |
Postal Code | N2A 1W9 |
Area | 2 Kitchener East |
Subarea | 226 Stanley Park | Centreville |
Community Name | 226 Stanley Park/Centreville |
Listing VS Median (in 226 Stanley Park/Centreville) | |
Price: $999,900 low | high Med: $639,000 SqFt: 2,096 low | high Med: 1,043 $ / SqFt: $477 low | high Med: $613 On Site: 74 low | high Med: 9.500000 |