$949,900

Investment For Sale In Rosemount, Kitchener, Ontario

$949,900

Property Information:

Investor Alert! Triplex with Development Potential! This property is zoned RES-5, offering excellent potential to add more units on the massive 53FT x 176FT deep lot (drawing for a proposed 4-unit build with parking plan available). The property is separately metered, well maintained and offers 2 x 2 beds, 1 x 1 bed and plenty of parking. The upper unit is beautifully renovated (2025) and rented for $1,900/month. The middle unit is currently rented at $1,800/month. All tenants are in good standing with no open claims. Updates include: furnace (2021), hot water tank (2019), driveway (2013), roof (2010), and windows (2003). Conveniently located across from a shopping plaza and close to Stanley Park Conservation Area, Walter Bean Trail, Idlewood Pool, splash pads, schools, transit, and major highways. A solid portfolio addition with long-term upside. (id:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Amenities: Separate Hydro Meters
  • Basement Type: N/A, N/A
  • Exterior Finish: Brick
  • Floor Space: 1500 - 2000 sqft
  • Foundation Type: Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances: Dryer, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 4+1
  • Bathrooms: 3
  • Amenities Nearby: Hospital, Park, Public Transit, Schools
  • Features: Irregular lot size
  • Floor Space (approx): 1500 - 2000 Square Feet
  • Irregular: Yes
  • Lot Depth: 176.2 Feet
  • Lot Frontage: 53.5 Feet
  • Lot Size: 53.5 x 176.2 FT ; 53.50FTx176.19FTx52.01FTx187.09FT
  • Structure Type: Shed
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 7

Courtesy of: PSR

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.