$949,000

Investment For Sale In Westmount, Kitchener, Ontario

$949,000

Property Information:

Purpose-Built Triplex in the Belmont Village, Waterloo High Tech Hub!! This upgraded triplex in a quiet and desirable neighborhood steps from KW's high-tech community, offering exceptional income potential in a highly desirable location. Purpose-built and thoughtfully designed, the property features two spacious 2-bedroom units, each with private entrances, as well as a bright and generously sized 1-bedroom lower unit with abundant natural light. The upper and middle units also feature a walkout balcony, adding to their appeal. Each unit is separately metered for hydro, with an additional common meter and a shared laundry facility to streamline operations. All units will be vacant on closing, providing the flexibility to set market rents and maximize returns from day one. There is also parking for approximately six vehicles, offering excellent convenience for tenants or future owners. Extra shed in the parking lot for extra storage! Recent upgrades include updated flooring, new roof shingles (2019), ensuring low ongoing maintenance and long-term value. Ideally located near transit, parks, hospitals, and major amenities, this triplex is VACANT and a strong income generator in a thriving and desirable neighbourhood. Don't miss this is low-risk, high-reward investment opportunity with lasting potential! (id:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Basement Type: None
  • Exterior Finish: Brick
  • Floor Space: 2000 - 2500 sqft
  • Flooring Type: Laminate, Carpeted
  • Foundation Type: Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 5
  • Bathrooms: 3
  • Floor Space (approx): 2000 - 2500 Square Feet
  • Irregular: Yes
  • Lot Depth: 120 Feet
  • Lot Frontage: 57.2 Feet
  • Lot Size: 57.2 x 120 FT
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 6

Rooms:

  • Living 2nd Level 3.57 m x 3.94 m
  • Dining 2nd Level 3.57 m x 3.94 m
  • Primary Bedroom 2nd Level 3.40 m x 3.10 m
  • 2nd Bedroom 2nd Level 3.25 m x 3.10 m
  • Living Lower Level 6.40 m x 3.30 m
  • Bedroom Lower Level 3.30 m x 3.28 m
  • Kitchen Lower Level 6.40 m x 3.30 m
  • Living Main Level 3.57 m x 3.94 m
  • Dining Main Level 3.57 m x 3.94 m
  • Kitchen Main Level 3.63 m x 2.44 m
  • Primary Bedroom Main Level 3.40 m x 3.10 m
  • Bedroom Main Level 3.25 m x 3.10 m

Courtesy of: UPPERSIDE REAL ESTATE LIMITED

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