127 STRATHCONA Crescent, Kitchener, Ontario N2B2W8
Listing courtesy of MCINTYRE REAL ESTATE SERVICES INC..
- $879,900
- 5
- BD
- 3
- BA
- 2,365
- SqFt
- List Price
- $879,900
- Price Change
- ▲ $80,000 1782842373
- MLS®
- 40840981
- Days on Market
- 38
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Multi-family
- Bedrooms
- 5
- Bathrooms
- 3
- Living Area
- 2,365
- Subdivision
- 224 - Heritage Park/Rosemount
Property Description
Attention investors and savvy buyers! This fully renovated legal duplex offers a rare opportunity to generate strong rental income while owning a well-maintained, turnkey property. Thoughtfully converted and updated between 2017-2020, this versatile home provides two self-contained living spaces, making it an ideal addition to any investment portfolio. The upper unit features 3 spacious bedrooms, an updated full bathroom with double vanity, bright living and dining areas, a renovated kitchen, and access to an elevated deck. The upper level is currently generating $2,600/month in rental income, providing immediate cash flow. The lower unit offers an attractive open-concept layout with a modern kitchen, spacious living area with gas fireplace, 2 bedrooms, and 2 full bathrooms including a private ensuite. Heated floors throughout most of the lower level add premium comfort and appeal for tenants. Outside, the property offers excellent curb appeal with a brick and vinyl exterior, double-wide driveway, and oversized double garage with two separate garage doors, inside entry, and convenient backyard access. A natural gas BBQ hookup and private outdoor spaces further enhance the property's appeal. Major capital improvements include the roof (approx. 2020), exterior updates (2020/2021), garage doors (2017), driveway (approx. 5 years ago), furnace and air conditioning (2017), owned on-demand water heater, and owned water softener. Built in 1967, the home has been extensively modernized while maintaining its solid construction. With approximately 5 bedrooms, 3 full bathrooms, separate living spaces, ample parking, and strong income potential, this legal duplex presents an outstanding opportunity for investors, multi-generational families, or owner-occupants looking to offset mortgage costs with rental income. (id:5764)
/u.realgeeks.media/teamshody/header.png)
Additional Information
- Ownership
- Freehold
- Basement Features
- Finished, Full
- Basement
- Yes
- Garage
- Yes
- Subdivision
- 224 - Heritage Park/Rosemount
- Parking Spaces
- 4
- Construction Materials
- Wood frame
- Cooling
- Central air conditioning
- Country
- Canada
- Sewer
- Municipal sewage system
- Community Features
- Community Centre
- Heating
- Forced air, Natural gas
- Lot Features
- Automatic Garage Door Opener
- Total Number Of Units
- 2
- Stories
- 1
