$840,000
FOR SALE

Duplex

Bedrooms: 5Bathrooms: 2Lot: 40 x 111 ft

55 Silver Aspen Crescent
Kitchener, ON N2N 1H5

A fantastic investment opportunity awaits with this stunning legal duplex in a desirable, family-friendly neighborhood. This turn-key property offers incredible income potential, with top-tier tenants already in place and generating an impressive annual return. Both units are beautifully designed with high-end finishes, including luxury vinyl plank flooring, quartz countertops, stainless steel appliances, and in-suite laundry. Thoughtful upgrades such as a separate hydro meters, upgraded R60 attic insulation, pot lighting, and a modern electrical panel make this a worry-free investment. Conveniently located just minutes from grocery stores, shopping, schools, parks, and transit, Silver Aspen is a prime rental location that will always attract demand. With a gross income of over $40,000 and minimal expenses, this property is a true wealth-builder. Live in one unit while renting out the other as a mortgage helper, or maximize your portfolio with a fully leased duplex. ?Let’s schedule a viewing and discuss how this can be the next great addition to your investment ?p?ortfolio! (id:47421)
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Listed By EXP Realty Brokerage
Data Provided By Barrie & District Association of REALTORS® Inc.
MLS® Listing Number 40693491
Last Updated Jan 31, 2025
Property Summary
Property Type Duplex

More like this:
Subdivision 337 - Forest Heights
Price History

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Detailed Information
Bedrooms 5
Bathrooms 2
Lot 40 x 111 ft
Amenities Nearby Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Community Features Community Centre
Equipment Water Heater
Features Paved driveway
Listing Contract Date 2025-01-31
Location Description Fischer-Hallman Rd to McGarry, to Elm Ridge and Silver Aspen
Ownership Type Freehold
# of Parking Spaces 3
Property Type Multi-family
Rental Equipment Water Heater
Structures Shed
Transaction Type For sale
Zoning Description R4
Building
Appliances Water softener
Basement Development Finished
Basement Type Full (Finished)
Constructed Date 1972
Cooling Type Central air conditioning
Exterior Finish Brick
Foundation Type Brick
Heating Type Forced air
Stories Total 2
Type Duplex
Utility Water Municipal water
Land
Total Size under 1/2 acre
Access Type Highway access
Amenities Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal sewage system

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