$865,000
FOR SALE

Duplex

Bedrooms: 5Bathrooms: 3Lot: 66 x 132 ft
2023 Taxes: $3,127.1

58 Fifth Ave
Kitchener, ON N2C 1P4 | Waterloo

Mostly vacant, move-in-ready, legal duplex with viable potential for a third unit! With separate parking for multiple cars, the main unit is vacant and features 3 bedrooms, 1 bathroom, a full kitchen and a spacious living room. A spiral staircase leads you to the upper-level loft that offers a bedroom, office space or storage area. With a separate entrance and separate parking for multiple cars, the spacious 1 bed 1 bath unit is occupied by an A+ tenant. The lowest level features a purpose-built bachelor suite ready for future potential income or extra private space for the family to live. Additionally, this property offers a recreation room that can be accessed from the 3-bed unit or the bachelor unit that contains a kitchenette and a 3pc bathroom. The property also offers a fully fenced rear yard with a deck, a single detached garage and ample parking for all units. A fantastic opportunity for any investor or buyer looking for immediate income/ mortgage support with great potential for more income down the road. Nestled in a sought-after location conveniently near shopping, amenities, parks, schools and public transit with minutes to highway access, don't miss your chance to own this property!
Extras
All units have separate hydro panels, electrical panels and hot water tanks (owned). Not pictured: Tenanted unit. The 1-bed unit is tenanted by an A+ Tenant who pays $1224 plus utilities.
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Listed By REAL BROKER ONTARIO LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8279492
Last Updated Apr 29, 2024
Property Summary
Property Type Duplex

More like this:
PIN 225870126
Legal Description LT 116 PL 254 TWP OF WATERLOO; KITCHENER
Parcel of Tied Land N
Possession Date Flexible
Taxes (2023) $3,127.1
Directions/Cross Streets Kingsway Drive To Fifth Avenue
Area Waterloo
Price History

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Detailed Information
Fronting On W
Property Features Hospital, Park, Place Of Worship, Public Transit, School, School Bus Route
Special Designations Unknown
Bedrooms 5
Bathrooms 3
Rooms 10
Kitchens 2
Lot 66 x 132 ft
Acreage <.50
Approximate Age 31-50
Exterior Alum Siding
Elevator N
Air Conditioning Central Air
Family Room N
Fireplace/Stove N
Pool None
Basement Finished, Walk-Up
Drive Mutual
Garage Spaces 1.0
Garage Type Detached
Parking Spaces 6
Total Parking Spaces 7.0
Heat Source Electric
Heat Type Forced Air
Other Structures Garden Shed
Sewers Sewers
Water Municipal
Zoning R2B
Seller Property Info Statement N
Rooms
Room Level Dimensions Notes
BrMain3.38 m x 2.84 m (11.09 ft x 9.32 ft)
BrMain2.77 m x 2.34 m (9.09 ft x 7.68 ft)
LivingMain6.4 m x 4.7 m (21 ft x 15.42 ft)
BrMain4.51 m x 4.29 m (14.8 ft x 14.07 ft)
KitchenMain2.22 m x 2.22 m (7.28 ft x 7.28 ft)
UtilityMain4 m x 1.55 m (13.12 ft x 5.09 ft)
Kitchen2nd4.38 m x 2.56 m (14.37 ft x 8.4 ft)
Living2nd5.73 m x 4.17 m (18.8 ft x 13.68 ft)
Br2nd2.77 m x 2.77 m (9.09 ft x 9.09 ft)
Prim Bdrm2nd3.44 m x 2.77 m (11.29 ft x 9.09 ft)
Loft3rd4.3 m x 2.41 m (14.11 ft x 7.91 ft)
Bathrooms
Pieces Level
42nd
4Main
2Main

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