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.
Property Type:
Residential Income
Property SubType:
Duplex Up/Down
Year built:
1956
(Age: 69)
Listing General Location:
226 - Stanley Park/Centreville, 2 - Kitchener East
Data was last updated January 3, 2025 at 01:50 AM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$904,500
Min list price:
$660,000
Max list price:
$3,595,000
Avg days on market:
67
Min days on market:
27
Max days on market:
132
Avg price per sq.ft.:
$349.75
These statistics are generated based on the current listing's property type
and located in
2 - Kitchener East. Average values are
derived using median calculations.