Turn-key legal triplex with 72K+ gross annual income potential located in the desirable East Ward neighborhood of Kitchener. 132 Merner Ave features a 3 bed upper unit (vacant), lower 2 bed unit (tenanted) and rear bachelor unit (vacant). Spacious upper 3 bed unit features open living/dining room area, eat-in kitchen with pantry, updated bathroom, new paint and in-suite laundry. Lower 2 bedroom unit brand new in 2023 accessible through the separate side entrance currently rented at $2195 with A+ tenants. Unit includes 2 bedrooms, tiled shower in the bathroom, large open concept living/dining/kitchen area, SS appliances, new rads, interconnected fire alarms and large laundry/den area. Rear bachelor unit brand new 2023 with tiled bathroom/shower, in-suite laundry, new appliances, mini split duct for heat/AC. Each unit has it's own hydro panel, 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.
MLS# | 40646097 |
---|---|
Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Days On Site | 53 |
Listing Provided By | Flux Realty | Zack Brittain |
Bed(s) | 5 |
---|---|
Bath(s) | 3 |
SQ Feet | 1,635 |
Garage | 2 |
Basement | Y |
Story(s) | 1 |
Units | 3 |
Zoning | res-4 |
Province | ON |
---|---|
County | Waterloo |
City | Kitchener |
Postal Code | N2H 1X8 |
Area | 2 Kitchener East |
Subarea | 212 Downtown Kitchener | East Ward |
Community Name | 212 Downtown Kitchener/East Ward |
Listing VS Median (in 212 Downtown Kitchener/East Ward) | |
Price: $1,049,900 low | high Med: $444,850 SqFt: 1,635 low | high Med: 622 $ / SqFt: $642 low | high Med: $724 On Site: 53 low | high Med: 12.000000 |