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Chris Adams

chris.adams@easyhometeam.ca +1(519) 804-1978

Listed by Jack Hammond • EXP REALTY

$ 950,000

Est. payment | -/mo

6 Beds

3 Baths

1,700 SqFt

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$ 950,000

Est. payment | -/mo

Save

6 Beds

3 Baths

1,700 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-3 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 1,700 sqft

Price per Sqft $558

MLS Listing ID 40800262

Bedrooms 6

Abv Grd Liv Area 2,400

Year Built 1961

Annual Tax Amount $5,575

Property Sub-Type Multi-3 Unit

Source Cornerstone

Property Description

Legal triplex in central Kitchener with stable current income. Offering approx. 2,400 sq. ft. across three self-contained units, this property has been upgraded with 100-amp service in each unit, vinyl windows, roof and eaves, updated stairwells, resurfaced driveway and cement walkways, fire-rated doors, and refreshed kitchens, bathrooms with acrylic bath fitters and flooring. Coin-operated laundry adds extra revenue. Owner pays heat and water, while tenants cover their own hydro usage through separate panels. Conversion to separate utility metering is easy, creating further long-term value. The property includes a paved parking lot for three cars plus available fourth spot near the front entrance. Ideally located within a Major Transit Station Area and walking distance to downtown Kitchener, the LRT, Google, and other major employers, this triplex combines stable income today with redevelopment potential in one of the region's fastest-growing corridors.

Location

Province ON

County Waterloo

Area 2 - Kitchener East

Zoning C1

Direction Moore Ave/Shanley Street

Rooms

Basement Other, Full, Finished

Kitchen 0

Interior

Interior Features Separate Heating Controls

Heating Baseboard, Natural Gas

Cooling None

Fireplace No

Appliance Hot Water Tank Owned, Dishwasher, Dryer, Refrigerator, Stove, Washer

Laundry Coin Operated

Exterior

Exterior Feature Balcony, Landscaped, Lighting

Parking Features Exclusive

Roof Type Asphalt Shing

Lot Frontage 40.07

Lot Depth 88.95

Garage No

Building

Lot Description Irregular Lot, Ample Parking, City Lot, Highway Access, Hospital, Library, Open Spaces, Place of Worship, Public Parking, Public Transit

Faces Moore Ave/Shanley Street

Story 2

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick Veneer

New Construction No

Schools

Elementary Schools King Edward P.S.

High Schools Kitchener-Waterloo C.I.

Others

Senior Community No

Tax ID 223180030

Ownership Freehold/None

NEARBY SCHOOLS & PROPERTIES

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Chris Adams

Broker

chris.adams@easyhometeam.ca

+1(519) 804-1978

1440 King Street North St. Jacobs, ON, N0B, 2N0, CAN

62 Moore Avenue Kitchener, ON N2H 3S3

Chris Adams

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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62 Moore Avenue