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$815,000

296 DUMFRIES Avenue, Kitchener, Ontario, N2H 2E8

MLS® # 40796133

Kitchener ON, N2H 2E8

MLS® # 40796133

Property Information:

Are you an investor looking for a LEGAL DUPLEX? Are you looking for a MULTI-GENERATIONAL HOME or MORTGAGE-HELPER? Welcome to 296 Dumfries Avenue, a solid all-brick legal duplex ranch bungalow on a large 60’ x 135’ fenced lot in a quiet, family-friendly neighbourhood. This property offers flexibility, income potential, and peace of mind with key updates already completed. The main level (currentlyvacant) features four bedrooms, a bright living room with hardwood floors and pot lights, a well-maintained kitchen with a separate dining area, and a 4-piece bath. The lower unit, professionally built out in 2020, includes two bedrooms, a generous eat-in kitchen, a spacious living room with a large window, and a 4-piece bath. Both units have their own laundry and come with five appliances each. Major mechanicals include the furnace, A/C, two water heaters, and two softeners - all new in 2020. The property also includes a single-car garage (assigned to the lower unit) and a double driveway for use by the upper unit. Tenants pay utilities, (except heat), this property offers strong returns for investors while still being perfectly suited for extended families or buyers seeking rental income support. The oversized backyard is ideal for children, pets, or entertaining, and the location puts you close to the expressway, schools, parks, Frederick Mall, and everyday amenities. A versatile opportunity in a prime setting - this one checks all the boxes. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Duplex
  • Basement Development: Finished
  • Basement Type: Full
  • Exterior Finish: Brick
  • Floor Space: 3032 sqft
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Water softener

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 6
  • Bathrooms: 2
  • Access Type: Road access, Highway access
  • Amenities Nearby: Hospital, Public Transit, Schools, Shopping
  • Built in: 1954
  • Floor Space (approx): 3032 Square Feet
  • Lot Depth: 135 Feet
  • Lot Frontage: 60 Feet
  • Zoning: R2A
  • Sewer: Municipal sewage system
  • Parking Type: Attached garage
  • No. of Parking Spaces: 4

Courtesy of: RED AND WHITE REALTY INC.

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 296 DUMFRIES Avenue, Kitchener, Ontario, N2H 2E8

Demographic Information of 296 DUMFRIES Avenue, Kitchener, Ontario, N2H 2E8

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$156,258.74

Average Number of Children

1.69

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.9 %

High school certificate or equivalent

23.56 %

Apprenticeship trade certificate/diploma

5.2 %

College/non-university certificate

26.51 %

University certificate (below bachelor)

0.79 %

University Degree

30.04 %

Commuter

Travel To Work

By Car

87.62 %

By Public Transit

1.07 %

By Walking

7.31 %

By Bicycle

0.54 %

By Other Methods

3.46 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

15.98 %

Houses

84.02 %

Own Vs. Rent