132 Merner Avenue, Kitchener, ON, N2H 1X8

$999,000

MLS® # 40699443

Investment For Sale In Auditorium, Kitchener, Ontario

$999,000

Property Information:

Turn-key legal triplex with 72K+ gross annual income located in the desirable East Ward neighbourhood of Kitchener. 132 Merner Ave features a 3 bed upper unit, lower 2 bed unit and rear above grade bachelor unit. Currently rented for $2495, the spacious 3 bed unit features an open living/dining room area, eat-in kitchen with pantry, renovated bathroom, new paint and in-suite laundry. The lower 2 bedroom unit was completely redone in 2023 and is currently rented at $2195. This unit features 2 bedrooms, tiled bathroom, large open concept living/dining/kitchen area, SS appliances, new rads, new windows, effective sound proofing and a large laundry/den area. The rear bachelor unit was also completed in 2023 rented at $1350 with tiled bathroom/shower, in-suite laundry, new appliances, mini split heat pump for heat/AC. Each unit has it's own hydro panel for separate billing, in-suite laundry, sound proofing, double wide driveway and double car garage with new doors, new drainage systems and more. Prime location, condition, and opportunity! Contact listing agent for financials and to book your viewing today!

Inclusions: Other,All Current Appliances

Exclusions : Tenant's Belongings

Building Features:

  • Floor Space: 2867 Square Feet

Property Features:

  • Bedrooms: 5
  • Acres Range: < 0.5
  • Basement: Separate Entrance, Full, Finished
  • Construction Materials: Brick
  • Cooling: Other
  • Driveway Parking: Private Drive Double Wide
  • Floor Space (approx): 2867 Square Feet
  • Heating: Natural Gas, Heat Pump, Radiant
  • Interior Features: Separate Heating Controls, Separate Hydro Meters
  • Laundry Features: In-Suite
  • Lot Depth: 122 Feet
  • Lot Features: Rectangular, Dog Park, City Lot, Highway Access, Library, Park, Place of Worship, Playground Nearby, Public Transit, Rec./Community Centre, School Bus Route, Schools, Shopping Nearby
  • Lot Frontage: 42.00 Feet
  • Parking Features: Attached Garage, Asphalt, Built-In
  • Roof: Asphalt Shing
  • Security Features: Carbon Monoxide Detector(s)
  • Water Source: Municipal
  • Zoning: res-4
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 4

Courtesy of: Flux Realty

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

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