$1,099,000
FOR SALE

Triplex

Bedrooms: 9Bathrooms: 6Lot: 53 x 184 ft

59 Brandon Avenue
Kitchener, ON N2M 2J2

Attention Investors! Discover an extraordinary investment opportunity with this well-maintained R6 zoned triplex, offering potential for expansion into a multiplex (6 units of 1 bedroom each which the current owner has been doing). Each floor has 2 kitchens and 2 bathrooms, making it easy to use as 3 to 6 units (you choose)! Nestled on a quiet, mature street just steps from the vibrant Belmont Village, this property provides easy access to top-tier restaurants, shops, amenities, schools, parks, and trails, as well as being a short drive from Uptown Waterloo and Downtown Kitchener. Upgraded in 2016; kitchens, bathrooms, and appliances. Between 2022 and 2023 there were new windows installed, new roof, furnace, water heater and the doors were installed in 2020 + other updates. The property also boasts an expansive 50 foot frontage by 184-foot deep lot, its the ideal location to build another building as the city approves (look at number 79 on the same street). There is significant potential for this property, it is a standout prospect for savvy investors looking to enhance their portfolio and develop a highly sought-after residential space. Don’t miss out on this exceptional opportunity! (id:47421)
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Listed By SMART FROM HOME REALTY LIMITED
Data Provided By Waterloo Region Association of REALTORS®
MLS® Listing Number 40590537
Last Updated Jun 18, 2024
Property Summary
Property Type Triplex

More like this:
Subdivision 415 - Uptown Waterloo/Westmount
Price History

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Detailed Information
Bedrooms 9
Bathrooms 6
Lot 53 x 184 ft
Amenities Nearby Golf Nearby, Hospital, Park, Place of Worship, Playground, Public Transit, Schools
Community Features Quiet Area
Listing Contract Date 2024-05-22
Location Description PT LT 74 PL 852 KITCHENER AS IN 1096220;
Ownership Type Freehold
# of Parking Spaces 15
Property Type Multi-family
Transaction Type For sale
Zoning Description R6
Building
Appliances Window Coverings
Basement Development Finished
Basement Type Full (Finished)
Cooling Type None
Exterior Finish Brick
Foundation Type Poured Concrete
Heating Fuel Natural gas
Heating Type Forced air, Other
Stories Total 3
Type Triplex
Utility Water Municipal water
Land
Total Size 0.214 acres
Access Type Road access
Amenities Golf Nearby, Hospital, Park, Place of Worship, Playground, Public Transit, Schools
Fence Type Partially fenced
Sewer Municipal sewage system
Size of Irregular Land 0.214

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