Property Information:

A remarkable investment opportunity located in the heart of the highly sought-after Rosemount neighborhood in Kitchener. This rare and meticulously maintained triplex offers an incredible turnkey solution for seasoned investors, or a perfect multi-generational living arrangement for families looking to share a roof while maintaining their own private spaces. Situated in a quiet, mature family neighborhood, this property provides the ideal balance of residential charm and urban convenience. The building is thoughtfully configured with two spacious 2-bedroom units and one bright 1-bedroom unit, ensuring a versatile rental mix that caters to a wide range of high-quality tenants. One of the standout features of this property is its exceptional location. Commuters will appreciate the incredibly close proximity to the Expressway and the Highway 7 Victoria Street ramp, allowing for effortless travel across the Region and beyond. Residents are just minutes away from local schools, parks, shopping, and downtown Kitchener’s vibrant core. Beyond the units themselves, the property is designed for maximum functionality and income potential. A common coin-operated laundry area is available for residents, providing a convenient amenity while generating additional monthly revenue for the owner. Parking is never a concern here, as the deep driveway and layout provide ample space for up to 6 vehicles—a significant asset for a multi-unit dwelling in this area. Whether you are looking to bolster your investment portfolio with a solid, cash-flowing asset or seeking a strategic home that allows your extended family to live together comfortably. Properties of this caliber in the Rosemount area are seldom available; take advantage of this chance to secure a high-demand piece of real estate in one of Kitchener’s most established communities. Experience the peace of mind that comes with a well-located, turnkey triplex and start building your equity today in this prime location. (id:27)

Building Features:

Style: Triplex
Building Type: Triplex
Basement Development: Finished
Basement Type: Full
Exterior Finish: Brick
Floor Space: 2900 sqft
Foundation Type: Poured Concrete
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: None

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Bedrooms: 5
Bathrooms: 3
Access Type: Highway access
Amenities Nearby: Schools
Built in: 1958
Community Features: Quiet Area
Features: Laundry- Coin operated
Floor Space (approx): 2900 Square Feet
Irregular: Yes
Lot Depth: 124 Feet
Lot Frontage: 69 Feet
Lot Size: 0.15 Acres
Zoning: R2
Sewer: Municipal sewage system
Parking Type: Open
No. of Parking Spaces: 6

Courtesy of: Real Broker Ontario Ltd.

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Demographic Information of 109 ETON Drive, Kitchener, Ontario, N2B 1N1

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$114,730.52

Average Number of Children

1.71

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.84 %

High school certificate or equivalent

30.49 %

Apprenticeship trade certificate/diploma

8.16 %

College/non-university certificate

21.24 %

University certificate (below bachelor)

1.3 %

University Degree

20.96 %

Commuter

Travel To Work

By Car

90.78 %

By Public Transit

1.7 %

By Walking

4.44 %

By Bicycle

0.0 %

By Other Methods

3.08 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

19.99 %

Houses

80.01 %

109 ETON Drive, Kitchener, Ontario, N2B 1N1