Forest Hill
35 W Belmont Avenue
Kitchener
N2M 1L2
$1,120,000
Residential Income
beds: 4
baths: 3.0
built: 2023
- Status:
- Active
- Prop. Type:
- Residential Income
- MLS® Num:
- 40544742
- Bedrooms:
- 4
- Bathrooms:
- 3
- Year Built:
- 2023
- Photos (41)
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Legal duplex with opportunity to add third unit! Purpose-built new in 2023. Timeless open concept layouts in both units, outfitted with 9-foot ceilings on all three levels (including the basement)! Natural light soaks in through the large windows. Each unit features its own private deck. Designer kitchens with quartz counters. Both units have signed leases, boasting a gross annual income of $54,600. Lower unit comprises 2 beds and 1.5 baths. Upper unit comprises 2 beds, 1 bath and garage. Adventurous investors can increase the income generated from this property by adding an accessory dwelling unit. Minor variance approval has already been obtained from the City of Kitchener to build a tiny home in the backyard. Each unit is self-contained with its own furnace, air conditioning, hot water tank and thermostats. Each unit is separately metered and tenants pay their own utilities.
- Property Type:
- Residential Income
- Property SubType:
- Duplex Up/Down
- Year built:
- 2023 (Age: 1)
- Listing General Location:
- 325 - Forest Hill, 3 - Kitchener West
- Bedrooms:
- 4
- Bathrooms:
- 3.0 (Full:-/Half:-)
- Lot Frontage:
- 32'
- Frontage Type:
- West
- Lot Shape:
- 32 x 159 x 31 x 150
- Kitchens:
- 0
- Elementary School:
- J.F. Carmichael P.S. / St. John
- High School:
- Forest Heights C.I. / Resurrection Catholic S.S.
- County Or Parish:
- Waterloo
- Taxes:
- Signup
- Features:
- Attached Garage: Yes, Crops Included: No, Garage: Yes, New Construction: No
- Construction:
- Vinyl Siding
- Basement:
- Full, Finished, Sump Pump
- Foundation:
- Poured Concrete
- UFFI:
- No
- Roof:
- Asphalt Shing
- Number of Storeys:
- 2
- Number of Buildings:
- 0
- Total Floor Area:
- 2,500 sq. ft.
- Finished Area Above Grade:
- 1,849 sq. ft.
- Finished Area Below Grade:
- 651 sq. ft.
- Fireplace:
- false
- Laundry Features:
- In-Suite
- Water Supply:
- Municipal
- Water Meter:
- Yes
- Sewer:
- Sewer (Municipal)
- Cooling:
- Central Air
- Heating:
- Baseboard, Electric, Forced Air, Natural Gas
- Built-in Microwave,Carbon Monoxide Detector,Smoke Detector
- Built-in Microwave, Dishwasher, Dryer, Refrigerator, Stove, Washer
- Tenants' Belongings.
- Accessory Apartment, Separate Heating Controls, Separate Hydro Meters
- Deck, Porch
- false
- No
- Head south on Belmont Ave W from Highland Rd W; property is on the right-hand side before Queen's Blvd.
- No
- Carbon Monoxide Detector, Smoke Detector, Carbon Monoxide Detector(s)
- Survey Year:
- 2022
- HST Applicable To Sale Price:
- No
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Association Fee 2:
- Signup
- Association Fee 2 Frequency:
- Signup
- Administrative Fee:
- Signup
- Features:
- Attached Garage: Yes, Crops Included: No, Garage: Yes, New Construction: No
- Road Access Fee:
- Signup
- Insurance Expense:
- $1,392
- Expenses:
- Actual
- Net Income:
- $45,782.97
- Under Contract Costs Monthly:
- $248.16
- Zoning:
- RES-4
- Fencing:
- Fence - Partial
- Lot Site Features:
- Irregular Lot, Hospital, Park, Public Transit
- Features:
- Attached Garage: Yes, Crops Included: No, Garage: Yes, New Construction: No
- Garage Spaces:
- 1.0
- Parking Places Covered:
- 1.0
- Parking:
- Attached Garage, Asphalt, Built-In, Concrete
- # Of Total Parking Spaces:
- 4.0
- # Of Open Parking Spaces:
- 3.0
- Driveway Parking:
- Private Drive Single Wide
- Num Apartment Units:
- 0
- Num Bachelor Units:
- 0
- Num Efficiency Units:
- 0
- Num Loft Units:
- 0
- Num Other Units:
- 0
- Num Penthouse Units:
- 0
- Num Studio Units:
- 0
- Num Occupied Units:
- 2
- Total Units:
- Signup
- Listed Date:
- Feb 23, 2024
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Front Exterior -
Front Exterior
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Front Exterior
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Front Exterior
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Front Exterior
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Unit 1 - Entry
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Unit 1 - Entry
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Unit 1 - Entry
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Unit 1 - Kitchen/Living/Dining
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Unit 1 - Living
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Unit 1 - Living Room
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Unit 1 - Dining Room
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Unit 1 - Kitchen
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Unit 1 - Kitchen
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Unit 1 - Kitchen
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Unit 1 - Kitchen
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Unit 1 - Deck
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Unit 1 - Powder Room
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Unit 1 - Basement Hall
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Unit 1 - Primary Bedroom
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Unit 1 - Bedroom #2
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Unit 1 - Main Bathroom
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Unit 1 - In-Suite Laundry
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Unit 2 - Entry
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Unit 2 - Kitchen/Living/Dining
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Unit 2 - Living/Dining
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Unit 2 - Living/Dining
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Unit 2 - Kitchen/Living/Dining
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Unit 2 - Kitchen
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Unit 2 - Kitchen
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Unit 2 - Dining Room
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Unit 2 - Primary Bedroom
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Unit 2 - Bedroom #2
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Unit 2 - Main Bathroom
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Unit 2 - In-Suite Laundry
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Rear Exterior
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Rear Yard
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Rear Yard
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Basement Layout
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Main Level Layout
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Second Level Layout
Virtual Tour
Virtual Tour 2
Listed by CENTURY 21 HERITAGE HOUSE LTD.
Data was last updated June 23, 2024 at 05:50 PM (UTC)
Area Statistics
- Listings on market:
- 18
- Avg list price:
- $987,450
- Min list price:
- $779,000
- Max list price:
- $6,890,000
- Avg days on market:
- 50
- Min days on market:
- 3
- Max days on market:
- 121
- Avg price per sq.ft.:
- $434.57
These statistics are generated based on the current listing's property type
and located in
3 - Kitchener West. Average values are
derived using median calculations.
- Brian Santos
- Broker
- 519-404-9967
- Contact by Email
Quick Links
Contact Me
Cell: 519-404-9967
Office: 519-747-0231
brian@grandlivingwr.com
Peak Realty Office
210-410 Conestogo Road,
Waterloo, Ontario, N2L 4E2