Turn-key legal triplex with 72K+ gross annual income potential located in the desirable East Ward neighborhood of Kitchener. 132 Merner Ave features a 3 bed upper unit (vacant), lower 2 bed unit (tenanted) and rear bachelor unit (vacant). Spacious upper 3 bed unit features open living/dining room area, eat-in kitchen with pantry, updated bathroom, new paint and in-suite laundry. Lower 2 bedroom unit brand new in 2023 accessible through the separate side entrance currently rented at $2195 with A+ tenants. Unit includes 2 bedrooms, tiled shower in the bathroom, large open concept living/dining/kitchen area, SS appliances, new rads, interconnected fire alarms and large laundry/den area. Rear bachelor unit brand new 2023 with tiled bathroom/shower, in-suite laundry, new appliances, mini split duct for heat/AC. Each unit has it's own hydro panel, 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. (id:47421)
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Detailed Information
Bedrooms
5
Bathrooms
3
Lot
42 x 122 ft
Amenities Nearby
Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Community Features
Community Centre, School Bus
Features
Paved driveway
Listing Contract Date
2024-09-12
Location Description
Krug to Merner
Ownership Type
Freehold
# of Parking Spaces
4
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
res-4
Building
Basement Development
Finished
Basement Type
Full (Finished)
Exterior Finish
Brick
Foundation Type
Poured Concrete
Heating Fuel
Natural gas
Heating Type
Radiant heat
Stories Total
1
Type
Triplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Attached Garage
Land
Total Size
under 1/2 acre
Access Type
Highway access
Amenities
Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Sewer
Municipal sewage system
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