Kitchener N2G 2S4
Canada

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 8 BR
Bathrooms: 5

Financials

Price:C899,999
($660,800)
(€573,100)
Annual Taxes:C2,431.11
505 Park Ave, New York, NY 10022

Welcome to this fully renovated Duplex in vibrant downtown Kitchener a rare cash flow positive property offering immediate returns and long term growth.

Description

Welcome to this fully renovated Duplex in vibrant downtown Kitchener - a rare cash-flow positive property offering immediate returns and long-term growth. This 2%-storey home features 8 spacious bedrooms and 5 modern bathrooms, divided into two self-contained units, each with its own private entrance for maximum privacy and flexibility. Both units include its own full kitchen and in-suite laundry, making them highly desirable for tenants or multi-generational living. With $5,000 in monthly rental income, this property is cash flow positive, making it a smart addition to any investment portfolio. Utilities are efficient and convenient withseparately metered hydro, plus 2 owned furnaces and 2 owned air conditioners. Enjoy outdoorliving with a private balcony and a fully fenced backyard, perfect for relaxing orentertaining. Located just steps to public transit and within close proximity to major universities and amenities, quick access to major highways, hospital, parks, etc. this propertyoffers unbeatable convenience in a high-demand rental area. Whether you're an investor seekingstrong returns or a family looking to live in one unit while renting the other to supplement your mortgage, this turnkey duplex checks all the boxes. Don't miss this rare downtown opportunity!

Amenities

  • Other

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.