Spacious Legal Duplex on a Large Lot Steps from Downtown Kitchener! Exceptional opportunity to own a fully legal duplex with an additional in-law suite, ideally located just a short walk to downtown Kitchener and the LRT. Situated on a rare, oversized lot with parking for up to 5 vehicles, this property offers space, versatility, and excellent income potential. Featuring two bright and spacious 2-bedroom units plus a separate 1-bedroom in-law suite with its own private entrance, this home is perfect for investors or owner-occupiers seeking strong rental income with minimal maintenance. Each unit is self-contained with separate laundry facilities and separate utilities, allowing tenants to pay their own expenses and maximizing net returns. Recent updates include a brand-new roof (installed just a few weeks ago) and a newer furnace, providing peace of mind and reduced operating costs. Current rents are $1,875 and $1,600, with the in-law suite currently vacant and estimated to rent for approximately $1,200 per month, offering flexibility to choose your next occupant or enjoy the space for personal use. Free professional tenant placement is included, ensuring a smooth and hassle-free transition for the new owner. With its unbeatable location, solid income, and rare large lot so close to the city core, this property is an outstanding investment or multi-generational living opportunity. Don’t miss your chance to own a turn-key property in one of Kitchener’s most convenient and sought-after neighbourhoods! (id:47421)
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Detailed Information
Bedrooms
4
Lot
32 x 155 ft
Listing Contract Date
2025-10-29
Location Description
CEDAR
Ownership Type
Freehold
# of Parking Spaces
5
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
SGA-1
Building
Basement Development
Finished
Basement Type
Full (Finished)
Cooling Type
Central air conditioning
Exterior Finish
Brick
Heating Fuel
Natural gas
Stories Total
2
Type
Duplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Open
Land
Total Size
0 acres
Sewer
Municipal sewage system
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