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$1,099,900
Available - For Sale
Listing ID: X10404346
Fully renovated, fully furnished and fully rented out, this legal triplex features excellent rents. The is one of the most lucrative investment properties on the market. 6% Cap Rate. Come check this out this great income producing property and find out how you can cash flow right away. This is a Turn Key, Ready, Set and Go opportunity for an investor. Close to vibrant downtown core, public transit and Hwy 7/8, Kitchener Market, ION and Victoria Park and walking& bike trails. Three completely independent units, each with separate entrances and a parking spot. This property was completely renovated to cater for higher rents on the mid-term market - quartz countertops, stainless steel appliances, including dishwashers and individual washer and dryers, modern bathrooms, and fully furnished to the highest detail - living rooms, bedrooms, kitchen and baths, all the furniture and appliances and TV's are included in the sale. New Lennox Furnace and A/C with a Smart Wifi Thermostat. Other upgrades included electrical, windows and doors, laminate flooring and more. Call to set up a viewing today.
Price $1,099,900
Taxes: $3,450
Assessment: $343000
Assessment Year: 2024
Occupancy by: Tenant
Address: 14 KENNEDY Ave , Kitchener, N2G 2Z8, Ontario
Postal Code: N2G 2Z8
Province/State: Ontario
Legal Description: LOT 37, PLAN 239 AND SOUTH 1/2 LANE PLAN
Lot Size: 40 x 100 (Feet)
Directions/Cross Streets: Courtland Ave to Kent to Kennedy
Zoning: R5
Total Area: 1,860
Total Area Code:  Sq Ft
Approximatly Age: 51-99
Net Income Before Debt: $90300
Heat Type: Forced Air
Central Air Conditioning: Central Air
Sewers: Sewers
Water: Municipal
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14 KENNEDY Ave , Kitchener, N2G 2Z8, Ontario

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Freda Ziba
Sales Representative
Dir:
647-997-2120
Bus:
905-764-7111
Fax:
905-764-1274

 
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Type: Com - Investment
Area: Waterloo
Municipality: Kitchener
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Lot Size: 40.00 x 100.00(Feet)
Approximate Age: 51-99
Tax: $3,450
Maintenance Fee: $0
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Baths: 3
Garage: 0
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Freda Ziba
Century 21, Heritage Group LTD. , Brokerage
7330 Yonge Street
Thornhill , ON , L4J7Y7
 CONTACT FREDA ZIBA
Cell: 647-997-2120
Office: 905-764-7111
Email: fzibahomes@gmail.com