$900,000

Investment For Sale In Vanier, Kitchener, Ontario

$900,000

Property Information:

Welcome to 295 Connaught Street, where a meticulously converted 3-bedroom bungalow now stands as a legal triplex, offering exceptional multi-family potential and lucrative investment opportunities.This versatile property features:Main Level: A spacious 3-bedroom unit, perfect for families or professionals seeking ample living space.Basement: A separate 1-bedroom unit with its own entrance, kitchen, and bathroom, providing privacy and independence.Loft Apartment: A charming living space situated above the garage, complete with a kitchenette and bathroom, offering a unique retreat.Nestled in the coveted Kingsdale area of Kitchener, this property boasts prime location advantages:Close proximity to Kingsdale Community Centre, Fairview Mall, and various shopping amenities.Easy access to major highways and a major bus route, ensuring convenient commuting options.Walking distance to the ION light rail line, catering to eco-friendly transportation preferences.Furthermore, it's essential to note that two of the three units are currently used for short-term rentals and will be vacant on closing. Whether you're an astute investor seeking maximum rental income or a homeowner looking to offset expenses, 295 Connaught Street presents an unparalleled opportunity to capitalize on the demand for multi-family living arrangements.Don't miss out on this exceptional triplex—schedule your showing today and unlock its full potential!

Inclusions: Other,Fridge X3, Stove X 3, Dishwasher X 2, Washer X 2, Dryer X 2, Security Cameras On Exterior, Window Coverings

Exclusions : Tenants Personal Items In Loft Unit; Tenants Window A/C Unit

Building Features:

  • Floor Space: 1237.36

Property Features:

  • Bedrooms: 5
  • Acres Range: < 0.5
  • Basement: Walk-Up Access, Full, Finished
  • Built in: 1956
  • Construction Materials: Block, Vinyl Siding
  • Cooling: Central Air
  • Driveway Parking: Front Yard Parking, Private Drive Double Wide
  • Floor Space (approx): 1237.36 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: Auto Garage Door Remote(s)
  • Laundry Features: In-Suite
  • Lot Depth: 132.22 Feet
  • Lot Features: Hospital, Library, Park, Place of Worship, Playground Nearby, Public Transit, Rec./Community Centre, Regional Mall, Schools, Shopping Nearby, Trails
  • Lot Frontage: 54.01 Feet
  • Parking Features: Attached Garage, Asphalt
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: R2B
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 4

Courtesy of: RE/MAX SOLID GOLD REALTY (II) LTD.

Data provided by: Kitchener-Waterloo Association of REALTORS® 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved