Kitchener N2B 2W8
Canada

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 5 BR
Bathrooms: 3

Financials

Price:C799,900
($565,300)
(€492,900)
Annual Taxes:C6,017
Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario
Phone:

Attention investors and savvy buyers !

Description

Attention investors and savvy buyers! This fully renovated legal duplex offers a rare opportunity to generate strong rental income while owning a well-maintained, turnkey property. Thoughtfully converted and updated between 2017-2020, this versatile home provides two self-contained living spaces, making it an ideal addition to any investment portfolio. The upper unit features 3 spacious bedrooms, an updated full bathroom with double vanity, bright living and dining areas, a renovated kitchen, and access to an elevated deck. The upper level is currently generating $2,600/month in rental income, providing immediate cash flow. The lower unit offers an attractive open-concept layout with a modern kitchen, spacious living area with gas fireplace, 2 bedrooms, and 2 full bathrooms including a private ensuite. Heated floors throughout most of the lower level add premium comfort and appeal for tenants. Outside, the property offers excellent curb appeal with a brick and vinyl exterior, double-wide driveway, and oversized double garage with two separate garage doors, inside entry, and convenient backyard access. A natural gas BBQ hookup and private outdoor spaces further enhance the property's appeal. Major capital improvements include the roof (approx. 2020), exterior updates (2020/2021), garage doors (2017), driveway (approx. 5 years ago), furnace and air conditioning (2017), owned on-demand water heater, and owned water softener. Built in 1967, the home has been extensively modernized while maintaining its solid construction. With approximately 5 bedrooms, 3 full bathrooms, separate living spaces, ample parking, and strong income potential, this legal duplex presents an outstanding opportunity for investors, multi-generational families, or owner-occupants looking to offset mortgage costs with rental income.

Amenities

  • Auto Garage Door Remote
  • Deck
  • Landscaped
  • Natural Gas
  • Patio
  • Water Heater Owned
  • Water Softener

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.