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! (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
2025-02-18
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, Heat Pump
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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