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$819,900

103 Vicmount Drive, Kitchener, ON, N2M 2A2

MLS® # 40699346

Property Information:

Great Investment Opportunity in Kitchener’s Desirable West End!Welcome to 103 Vicmount, a purpose-built triplex offering tremendous income potential! This spacious property features a wide lot, perfect for future expansion with the possibility of adding accessory units to maximize your return on investment.Each open-concept unit is generously sized, providing a functional and comfortable space that tenants will love. The added convenience of being close to transit and grocery stores makes this location even more attractive.With immediate rental income and the long-term appreciation potential in Kitchener-Waterloo’s dynamic real estate market, this property is an incredible opportunity for savvy investors. Whether you're seeking to grow your portfolio or live in one unit while renting out the others, this versatile property checks all the boxes.Don’t miss out—book your showing today! 24 hours’ notice required for all showings.

Inclusions: Other,3 Fridges, 3 Stoves, 3 Range Hoods, 1 Coin Operated Washer, 1 Coin Operated Dryer, Water Heater

Exclusions : Tenants Personal Belongings

Building Features:

  • Floor Space: 2761.4

Property Features:

  • Bedrooms: 5
  • Acres Range: < 0.5
  • Basement: Full, Finished
  • Built in: 1974
  • Construction Materials: Brick
  • Cooling: None
  • Driveway Parking: Outside/Surface/Open
  • Exterior Features: Balcony
  • Floor Space (approx): 2761.4 Square Feet
  • Heating: Baseboard, Electric
  • Interior Features: Separate Hydro Meters
  • Laundry Features: Coin Operated, Common Area
  • Lot Depth: 110 Feet
  • Lot Features: City Lot, Highway Access, Hospital, Library, Park, Place of Worship, Playground Nearby, Public Transit, Rec./Community Centre, Schools, Shopping Nearby
  • Lot Frontage: 63.00 Feet
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: RES-6,(182)
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 3

Data provided by: Kitchener-Waterloo Association of REALTORS® 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Location of 103 Vicmount Drive, Kitchener, ON, N2M 2A2

Demographic Information of 103 Vicmount Drive, Kitchener, ON, N2M 2A2

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$92,370.67

Average Number of Children

1.84

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.53 %

High school certificate or equivalent

34.24 %

Apprenticeship trade certificate/diploma

5.0 %

College/non-university certificate

19.31 %

University certificate (below bachelor)

1.15 %

University Degree

17.76 %

Commuter

Travel To Work

By Car

85.68 %

By Public Transit

10.03 %

By Walking

1.73 %

By Bicycle

0.0 %

By Other Methods

2.56 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

40.38 %

Houses

59.62 %

Own Vs. Rent