property-description
Step into a world of opportunity with this purpose-built duplex, 2 x 3 bedroom units, 4 parking spots, boasting over $56,400 in annual gross rental income with 1 unit currently vacant available for immediate occupancy. Nestled on a serene street in the Centreville neighbourhood, this recently updated property invites investors and multi-generational families to capitalize on its dual-unit appeal. Each unit features an open plan living/dining/kitchen area, tailored for modern lifestyles. The upper unit, refreshed in January 2024, showcases 9-ft ceilings and expansive windows that flood the space with natural light. Similarly, the lower unit, renovated in April 2024, benefits from large windows, ensuring a bright, welcoming atmosphere. Both units are meticulously designed for ease of living and maintenance, with 3 bedrooms, each bedroom equipped with ample closet space, each unit with its own separate laundry room/facilities, and carpet-free flooring throughout for straightforward upkeep. Additionally, each unit offers the benefit of separate furnaces/AC, and water heaters along with the convenience of separately metered utilities—hydro, gas, and water—allowing tenants to manage their own expenses efficiently. Outside, the property features a sizable backyard with a storage shed, offering plenty of space for relaxation and storage, complemented by 4 dedicated parking spaces. The duplex's location in Centreville amplifies its appeal, situated within walking distance to a variety of dining options, extensive retail and grocery outlets, and leisure facilities at Chicopee Ski/Summer Resort. Idlewood Park, just a 10-minute walk away, offers a playground, outdoor pool, and scenic trails. Highway access is only 2 minutes away, connecting residents easily to Waterloo, Cambridge, and the 401. This duplex represents not just a home, but a lucrative investment opportunity in Kitchener’s vibrant rental market for its future owners. (id:38686)
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detailsSection.headers.propertyDetails
Property Tax
: $3,842Last Updated
: Mon, May 20, 2024Mls Num
: 40585334Listing Date
: May 9, 2024
detailsSection.headers.homeFeatures
Property Type
: detailsSection.listingTypeId.105Sq Ft Raw
: detailsSection.sqftSub Division
: 226 - Stanley Park/Centreville
detailsSection.headers.interiorFeatures
Heating
: Forced air, Natural gasBasement
: Finished, Full
detailsSection.headers.exteriorFeatures
Acreage
: 0
detailsSection.headers.utilities
Sewer
: Municipal sewage system
detailsSection.headers.other
Exterior Features
: Vinyl siding, Brick Veneer
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