Property Information:

Legal triplex in central Kitchener with stable current income. Offering approx. 2,400 sq. ft. across three self-contained units, this property has been upgraded with 100-amp service in each unit, vinyl windows, roof and eaves, updated stairwells, resurfaced driveway and cement walkways, fire-rated doors, and refreshed kitchens, bathrooms with acrylic bath fitters and flooring. Coin-operated laundry adds extra revenue. Owner pays heat and water, while tenants cover their own hydro usage through separate panels. Conversion to separate utility metering is easy, creating further long-term value. The property includes a paved parking lot for three cars plus available fourth spot near the front entrance. Ideally located within a Major Transit Station Area and walking distance to downtown Kitchener, the LRT, Google, and other major employers, this triplex combines stable income today with redevelopment potential in one of the region’s fastest-growing corridors. (id:27)

Building Features:

Style: Triplex
Building Type: Triplex
Basement Development: Finished
Basement Type: Full
Exterior Finish:
Floor Space: 2400 sqft
Heating Type: Baseboard heaters
Heating Fuel: Natural gas
Cooling Type: None

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Bedrooms: 6
Bathrooms: 3
Access Type: Highway access
Amenities Nearby: Hospital, Public Transit
Built in: 1961
Features: Laundry- Coin operated
Floor Space (approx): 2400 Square Feet
Lot Depth: 89 Feet
Lot Frontage: 40 Feet
Zoning: C1
Sewer: Municipal sewage system
Parking Type: Open
No. of Parking Spaces: 3

Courtesy of: EXP REALTY

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Demographic Information of 62 MOORE Avenue, Kitchener, Ontario, N2H 3S3

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$121,581.69

Average Number of Children

1.57

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.9 %

High school certificate or equivalent

23.57 %

Apprenticeship trade certificate/diploma

5.85 %

College/non-university certificate

16.49 %

University certificate (below bachelor)

2.36 %

University Degree

40.83 %

Commuter

Travel To Work

By Car

74.5 %

By Public Transit

11.09 %

By Walking

12.07 %

By Bicycle

0.8 %

By Other Methods

1.54 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

63.75 %

Houses

36.25 %

62 MOORE Avenue, Kitchener, Ontario, N2H 3S3