$649,900

Investment For Sale In Cherry Hill, Kitchener, Ontario

$649,900

Property Information:

Turnkey Duplex Opportunity in the Heart of Kitchener! This meticulously maintained and fully renovated legal side by side duplex is a rare find for investors or homeowners seeking a mortgage helper, or families who wish to live separately from their parents while still being close enough to care for one another. Both spacious units feature 2 generous bedrooms, large eat-in kitchens, and updated 5-piece bathrooms. Significant capital improvements offer peace of mind, including a new water radiant heating system (2025) and a new shingle roof (2024). Modern laminate flooring (2018) and updated bathrooms (2018) throughout. Three independently upgraded copper wiring systems and electrical panels for Unit A, Unit B, and the basement, enhancing overall safety. The basement features a separate entrance, a private office, a 3-piece bath, and shared laundry. Parking is a premium with a single-car garage and a driveway accommodating 5 additional vehicles. Unit A is vacant and ready for owner-occupancy or market-rent placement, while Unit B is occupied by reliable tenants on a month-to-month basis with current rent of $1,659.88/M, providing immediate stable income. This property is in pristine, move-in condition-truly a "set and forget" investment. Steps from local amenities and transit. Don't miss out! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Duplex
  • Basement Development: Finished
  • Basement Type: N/A, Full, N/A, N/A
  • Exterior Finish: Brick, Vinyl siding
  • Floor Space: 1500 - 2000 sqft
  • Flooring Type: Laminate, Ceramic
  • Foundation Type: Poured Concrete
  • Heating Type: Baseboard heaters, Radiant heat, Not known
  • Heating Fuel: Other
  • Cooling Type: None
  • Appliances: Water meter, Water softener, Dryer, Two stoves, Washer

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 4
  • Bathrooms: 3
  • Amenities Nearby: Hospital, Park
  • Features: Irregular lot size, Flat site, Dry, Carpet Free
  • Floor Space (approx): 1500 - 2000 Square Feet
  • Irregular: Yes
  • Lot Frontage: 90.2 Feet
  • Lot Size: 90.3 FT ; 90.40 ft x 33.93 ft x 98.88 ft x 35.16
  • Structure Type: Porch
  • Utility Type: Cable - Available, Hydro - Installed, Sewer - Installed
  • View Type: City view
  • Zoning: R2
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage, Garage
  • No. of Parking Spaces: 6

Rooms:

  • Bathroom 2nd Level 2.96 m x 1.83 m
  • Living 2nd Level 3.87 m x 3.11 m
  • Dining 2nd Level 3.11 m x 2.65 m
  • Kitchen 2nd Level 2.96 m x 2.38 m
  • Bedroom 2nd Level 3.78 m x 3.32 m
  • 2nd Bedroom 2nd Level 3.78 m x 3.32 m
  • Office Basement Level 3.87 m x 2.12 m
  • Bathroom Basement Level 1.80 m x 0.79 m
  • Utility Basement Level 3.05 m x 2.19 m
  • Laundry Basement Level 2.93 m x 2.41 m
  • Living Main Level 5.40 m x 2.53 m
  • Kitchen Main Level 3.47 m x 3.44 m
  • Bedroom Main Level 3.75 m x 3.14 m
  • 2nd Bedroom Main Level 3.72 m x 3.17 m
  • Bathroom Main Level 2.96 m x 2.26 m

Courtesy of: HomeLife Power Realty Inc

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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