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129 RIVER Road E, Kitchener, Ontario, N2B 2G7

MLS® # 40817090

Investment For Sale In Rosemount, Kitchener, Ontario

$959,000

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View of apartment building / complex - 129 River Road E, Kitchener, ON - Outdoor

Traditional home with a chimney, a front yard, and brick siding - 129 River Road E, Kitchener, ON - Outdoor

View of property exterior featuring a yard, brick siding, and a balcony - 129 River Road E, Kitchener, ON - Outdoor

Back of house with a lawn, brick siding, and a balcony - 129 River Road E, Kitchener, ON - Outdoor With Exterior

129 River Road E, Kitchener, ON - Outdoor

View of patio / terrace - 129 River Road E, Kitchener, ON - Outdoor With Exterior

View of property exterior with a chimney - 129 River Road E, Kitchener, ON - Outdoor

Fenced backyard featuring a gazebo and a patio area - 129 River Road E, Kitchener, ON - Outdoor

Fenced backyard with a gazebo, a patio, and outdoor dining space - 129 River Road E, Kitchener, ON - Outdoor With Deck Patio Veranda

View of property exterior with a chimney, a fenced backyard, brick siding, and a balcony - 129 River Road E, Kitchener, ON - Outdoor With Exterior

Fenced backyard with a gazebo, outdoor dining area, and a patio - 129 River Road E, Kitchener, ON - Outdoor With Deck Patio Veranda

Living area featuring light wood-type flooring and a textured ceiling - 129 River Road E, Kitchener, ON - Indoor Photo Showing Living Room

Living area with light wood-type flooring and a textured ceiling - 129 River Road E, Kitchener, ON - Indoor Photo Showing Living Room

Living area with wood finished floors and a textured ceiling - 129 River Road E, Kitchener, ON - Indoor Photo Showing Living Room

Living room with light wood-style flooring, a textured ceiling, and ornamental molding - 129 River Road E, Kitchener, ON - Indoor Photo Showing Living Room

Dining space featuring baseboards and light wood-type flooring - 129 River Road E, Kitchener, ON - Indoor Photo Showing Dining Room

Dining space featuring light wood-style flooring and a textured ceiling - 129 River Road E, Kitchener, ON - Indoor Photo Showing Dining Room

Dining room featuring light wood-style floors and a textured ceiling - 129 River Road E, Kitchener, ON - Indoor Photo Showing Dining Room

Kitchen featuring white cabinetry, electric range, light wood-type flooring, black microwave, and tasteful backsplash - 129 River Road E, Kitchener, ON - Indoor Photo Showing Other Room

Kitchen featuring white range with electric cooktop, white cabinetry, freestanding refrigerator, decorative backsplash, and dark wood-type flooring - 129 River Road E, Kitchener, ON - Indoor Photo Showing Kitchen With Double Sink

Kitchen featuring white appliances, white cabinetry, and decorative backsplash - 129 River Road E, Kitchener, ON - Indoor Photo Showing Kitchen With Double Sink

Kitchen featuring white cabinets, black microwave, dark wood finished floors, and freestanding refrigerator - 129 River Road E, Kitchener, ON - Indoor Photo Showing Kitchen

View of balcony - 129 River Road E, Kitchener, ON - Outdoor With Exterior

Hall with light wood-style flooring and baseboards - 129 River Road E, Kitchener, ON - Indoor Photo Showing Other Room

Bedroom with wood finished floors and baseboards - 129 River Road E, Kitchener, ON - Indoor Photo Showing Bedroom

Bedroom with wood finished floors and baseboards - 129 River Road E, Kitchener, ON - Indoor Photo Showing Bedroom

Bathroom with vanity, a shower with curtain, and a baseboard radiator - 129 River Road E, Kitchener, ON - Indoor Photo Showing Bathroom

Bedroom with light wood finished floors and baseboards - 129 River Road E, Kitchener, ON - Indoor Photo Showing Bedroom

Bedroom featuring light wood finished floors - 129 River Road E, Kitchener, ON - Indoor Photo Showing Bedroom

Stairs with a baseboard radiator and wood finished floors - 129 River Road E, Kitchener, ON - Indoor Photo Showing Other Room

Laundry area featuring concrete flooring, electric panel, and washer and dryer - 129 River Road E, Kitchener, ON - Indoor Photo Showing Laundry Room

Utility room with electric meter and electric panel - 129 River Road E, Kitchener, ON - Indoor

Utilities featuring a heating unit - 129 River Road E, Kitchener, ON - Indoor

Utility room with electric water heater - 129 River Road E, Kitchener, ON - Indoor Photo Showing Basement

129 River Road E, Kitchener, ON - Indoor Photo Showing Other Room

View of staircase - 129 River Road E, Kitchener, ON - Indoor Photo Showing Other Room

Basement unit 1 - 129 River Road E, Kitchener, ON - Other

Main floor unit 2 - 129 River Road E, Kitchener, ON - Other

Second floor unit 3 - 129 River Road E, Kitchener, ON - Other

Virtual Tour

View of apartment building / complex - 129 River Road E, Kitchener, ON - Outdoor

Traditional home with a chimney, a front yard, and brick siding - 129 River Road E, Kitchener, ON - Outdoor

View of property exterior featuring a yard, brick siding, and a balcony - 129 River Road E, Kitchener, ON - Outdoor

Back of house with a lawn, brick siding, and a balcony - 129 River Road E, Kitchener, ON - Outdoor With Exterior

129 River Road E, Kitchener, ON - Outdoor

View of patio / terrace - 129 River Road E, Kitchener, ON - Outdoor With Exterior

View of property exterior with a chimney - 129 River Road E, Kitchener, ON - Outdoor

Fenced backyard featuring a gazebo and a patio area - 129 River Road E, Kitchener, ON - Outdoor

Fenced backyard with a gazebo, a patio, and outdoor dining space - 129 River Road E, Kitchener, ON - Outdoor With Deck Patio Veranda

View of property exterior with a chimney, a fenced backyard, brick siding, and a balcony - 129 River Road E, Kitchener, ON - Outdoor With Exterior

Fenced backyard with a gazebo, outdoor dining area, and a patio - 129 River Road E, Kitchener, ON - Outdoor With Deck Patio Veranda

Living area featuring light wood-type flooring and a textured ceiling - 129 River Road E, Kitchener, ON - Indoor Photo Showing Living Room

Living area with light wood-type flooring and a textured ceiling - 129 River Road E, Kitchener, ON - Indoor Photo Showing Living Room

Living area with wood finished floors and a textured ceiling - 129 River Road E, Kitchener, ON - Indoor Photo Showing Living Room

Living room with light wood-style flooring, a textured ceiling, and ornamental molding - 129 River Road E, Kitchener, ON - Indoor Photo Showing Living Room

Dining space featuring baseboards and light wood-type flooring - 129 River Road E, Kitchener, ON - Indoor Photo Showing Dining Room

Dining space featuring light wood-style flooring and a textured ceiling - 129 River Road E, Kitchener, ON - Indoor Photo Showing Dining Room

Dining room featuring light wood-style floors and a textured ceiling - 129 River Road E, Kitchener, ON - Indoor Photo Showing Dining Room

Kitchen featuring white cabinetry, electric range, light wood-type flooring, black microwave, and tasteful backsplash - 129 River Road E, Kitchener, ON - Indoor Photo Showing Other Room

Kitchen featuring white range with electric cooktop, white cabinetry, freestanding refrigerator, decorative backsplash, and dark wood-type flooring - 129 River Road E, Kitchener, ON - Indoor Photo Showing Kitchen With Double Sink

Kitchen featuring white appliances, white cabinetry, and decorative backsplash - 129 River Road E, Kitchener, ON - Indoor Photo Showing Kitchen With Double Sink

Kitchen featuring white cabinets, black microwave, dark wood finished floors, and freestanding refrigerator - 129 River Road E, Kitchener, ON - Indoor Photo Showing Kitchen

View of balcony - 129 River Road E, Kitchener, ON - Outdoor With Exterior

Hall with light wood-style flooring and baseboards - 129 River Road E, Kitchener, ON - Indoor Photo Showing Other Room

Bedroom with wood finished floors and baseboards - 129 River Road E, Kitchener, ON - Indoor Photo Showing Bedroom

Bedroom with wood finished floors and baseboards - 129 River Road E, Kitchener, ON - Indoor Photo Showing Bedroom

Bathroom with vanity, a shower with curtain, and a baseboard radiator - 129 River Road E, Kitchener, ON - Indoor Photo Showing Bathroom

Bedroom with light wood finished floors and baseboards - 129 River Road E, Kitchener, ON - Indoor Photo Showing Bedroom

Bedroom featuring light wood finished floors - 129 River Road E, Kitchener, ON - Indoor Photo Showing Bedroom

Stairs with a baseboard radiator and wood finished floors - 129 River Road E, Kitchener, ON - Indoor Photo Showing Other Room

Laundry area featuring concrete flooring, electric panel, and washer and dryer - 129 River Road E, Kitchener, ON - Indoor Photo Showing Laundry Room

Utility room with electric meter and electric panel - 129 River Road E, Kitchener, ON - Indoor

Utilities featuring a heating unit - 129 River Road E, Kitchener, ON - Indoor

Utility room with electric water heater - 129 River Road E, Kitchener, ON - Indoor Photo Showing Basement

129 River Road E, Kitchener, ON - Indoor Photo Showing Other Room

View of staircase - 129 River Road E, Kitchener, ON - Indoor Photo Showing Other Room

Basement unit 1 - 129 River Road E, Kitchener, ON - Other

Main floor unit 2 - 129 River Road E, Kitchener, ON - Other

Second floor unit 3 - 129 River Road E, Kitchener, ON - Other

Advertising

129 RIVER Road E, Kitchener, Ontario, N2B 2G7

$959,000

Property Information:

Solid brick a purpose-built triplex situated in the heart of Rosemount, a great investment opportunity offering tremendous income potential! This spacious property features a wide corner lot, perfect for future expansion with the possibility of adding accessory units to maximize your return on investment.Two 2 bedroom units are generously sized with brand new balconies, large kitchen and good size bedrooms, over 1000 sq ft of living space. One bedroom unit in the basement is completely renovated, including bathroom, kitchen, floors and electrical. Features three separately metered units, parking for more than 8 vehicles.Well maintained building with many upgrades and renovations, totaling over $120,000.00 recently, new shingle roof (2023), new brick chimney, upgrade to electrical panel in utility room, new sanitary mainline within building and through foundation connecting to property line, creating common area in the backyard, new sod (2024), 3 water heaters owned (2023) and much more. Sufficient outdoor parking. Book your showing today!! (id:27)

Building Features:

Style: Multiplex
Building Type: Triplex
Basement Development: Finished
Basement Type: Full
Exterior Finish: Brick
Floor Space: 2962 sqft
Foundation Type: Poured Concrete
Heating Type: Baseboard heaters, Radiant heat
Heating Fuel: Natural gas
Cooling Type: None
Appliances: Water softener

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Amenities Nearby: Park, Public Transit, Schools
Built in: 1958
Features: Paved driveway, Gazebo
Fence Type: Fence
Floor Space (approx): 2962 Square Feet
Lot Depth: 58 Feet
Lot Frontage: 125 Feet
Structure Type: Shed
Zoning: R2B
Sewer: Municipal sewage system
Parking Type: Visitor parking, Open
No. of Parking Spaces: 8

Courtesy of: CENTURY 21 GREEN REALTY INC

Rating:

Notes:

Market Price Trends

Single family detached

0.1%

Price change (1 year)

27.81%

Price change (5 years)

All Properties

0.06%

Price change (1 year)

27.76%

Price change (5 years)

Location of 129 RIVER Road E, Kitchener, Ontario, N2B 2G7

Lifestyle
Neighbourhood

Demographic Information of 129 RIVER Road E, Kitchener, Ontario, N2B 2G7

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$114,730.52

Average Number of Children

1.71

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.84 %

High school certificate or equivalent

30.49 %

Apprenticeship trade certificate/diploma

8.16 %

College/non-university certificate

21.24 %

University certificate (below bachelor)

1.3 %

University Degree

20.96 %

Commuter

Travel To Work

By Car

90.78 %

By Public Transit

1.7 %

By Walking

4.44 %

By Bicycle

0.0 %

By Other Methods

3.08 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

19.99 %

Houses

80.01 %

Own Vs. Rent

129 RIVER Road E, Kitchener, Ontario, N2B 2G7 $959,000 MLS® # 40817090