Property Information:

Solid brick a purpose-built triplex situated in the heart of Rosemount, a great investment opportunity offering tremendous income potential! This spacious property features a wide corner lot, perfect for future expansion with the possibility of adding accessory units to maximize your return on investment.Two 2 bedroom units are generously sized with brand new balconies, large kitchen and good size bedrooms, over 1000 sq ft of living space. One bedroom unit in the basement is completely renovated, including bathroom, kitchen, floors and electrical. Features three separately metered units, parking for more than 8 vehicles.Well maintained building with many upgrades and renovations, totaling over $120,000.00 recently, new shingle roof (2023), new brick chimney, upgrade to electrical panel in utility room, new sanitary mainline within building and through foundation connecting to property line, creating common area in the backyard, new sod (2024), 3 water heaters owned (2023) and much more. Sufficient outdoor parking. Book your showing today!! (id:27)

Building Features:

Style: Multiplex
Building Type: Triplex
Basement Development: Finished
Basement Type: Full
Exterior Finish: Brick
Floor Space: 2962 sqft
Foundation Type: Poured Concrete
Heating Type: Baseboard heaters, Radiant heat
Heating Fuel: Natural gas
Cooling Type: None
Appliances: Water softener

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Bedrooms: 5
Bathrooms: 3
Amenities Nearby: Park, Public Transit, Schools
Built in: 1958
Features: Paved driveway, Gazebo
Fence Type: Fence
Floor Space (approx): 2962 Square Feet
Lot Depth: 58 Feet
Lot Frontage: 125 Feet
Structure Type: Shed
Zoning: R2B
Sewer: Municipal sewage system
Parking Type: Visitor parking, Open
No. of Parking Spaces: 8

Courtesy of: CENTURY 21 GREEN REALTY INC

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Demographic Information of 129 RIVER Road E, Kitchener, Ontario, N2B 2G7

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$114,730.52

Average Number of Children

1.71

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.84 %

High school certificate or equivalent

30.49 %

Apprenticeship trade certificate/diploma

8.16 %

College/non-university certificate

21.24 %

University certificate (below bachelor)

1.3 %

University Degree

20.96 %

Commuter

Travel To Work

By Car

90.78 %

By Public Transit

1.7 %

By Walking

4.44 %

By Bicycle

0.0 %

By Other Methods

3.08 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

19.99 %

Houses

80.01 %

129 RIVER Road E, Kitchener, Ontario, N2B 2G7