1236 Weber Street E Kitchener, Ontario N2A 1C3
$1,299,999
Presenting an exceptional investment opportunity in the heart of Kitchener, this meticulously crafted building features three turnkey 2-bedroom units, offering a blend of modern comforts and prime amenities. The property showcases contemporary upgrades, including new windows, AC units, a stylish quartz countertop kitchen, updated bathrooms, new flooring, roofing, and an added balcony, ensuring a premium living experience for residents. Centrally located with seamless access to amenities, this investment opportunity is situated on a spacious lot, presenting significant land development potential. With a solid 5% cap rate, the property guarantees immediate and attractive returns. All units have separate hydro meters. Beyond rental income, diversified revenue streams from parking, advertisement signage, coin laundry, and more contribute to its overall profitability. This property is not merely a building; it represents a strategic investment focused on modern living, growth potential, and a varied income portfolio, making it a compelling prospect in the thriving real estate market of Kitchener. (id:49476)
Property Details
| MLS® Number | 40525836 |
| Property Type | Single Family |
| Amenities Near By | Public Transit, Schools, Shopping |
| Parking Space Total | 8 |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 4 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 6 |
| Appliances | Refrigerator, Stove, Hood Fan |
| Architectural Style | 3 Level |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Construction Style Attachment | Detached |
| Cooling Type | Wall Unit |
| Exterior Finish | Brick |
| Foundation Type | Unknown |
| Heating Type | Baseboard Heaters |
| Stories Total | 3 |
| Size Interior | 2020 |
| Type | House |
| Utility Water | Municipal Water |
Land
| Access Type | Highway Access, Highway Nearby |
| Acreage | No |
| Land Amenities | Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Frontage | 79 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 10'3'' x 12'1'' | ||
| Second Level | Bedroom | 11'3'' x 12'1'' | ||
| Second Level | 4pc Bathroom | Measurements not available | ||
| Basement | Bedroom | 10'3'' x 12'1'' | ||
| Basement | Bedroom | 11'3'' x 12'1'' | ||
| Basement | 4pc Bathroom | Measurements not available | ||
| Main Level | Bedroom | 10'3'' x 12'1'' | ||
| Main Level | Bedroom | 11'3'' x 12'1'' | ||
| Main Level | 4pc Bathroom | Measurements not available |
https://www.realtor.ca/real-estate/26401688/1236-weber-street-e-kitchener
Interested?
Contact us for more information
Stacey Chan
Salesperson
(519) 208-9392
585 Queen St. S., Unit 101
Kitchener, Ontario N2G 4S4
(519) 279-6258
(519) 208-9392
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January 10 2024 03:45:44
Kitchener-Waterloo Association of REALTORS®
Solid State Realty Inc.