55 Silver Aspen Crescent, Kitchener, ON, N2N 1H5

MLS® # 40693491

Investment For Sale In Forest Heights, Kitchener, Ontario

$840,000

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55 Silver Aspen Crescent, Kitchener, ON - Outdoor

55 Silver Aspen Crescent, Kitchener, ON - Indoor Photo Showing Living Room

55 Silver Aspen Crescent, Kitchener, ON - Indoor Photo Showing Dining Room

55 Silver Aspen Crescent, Kitchener, ON - Indoor Photo Showing Kitchen With Double Sink

55 Silver Aspen Crescent, Kitchener, ON - Indoor Photo Showing Kitchen

55 Silver Aspen Crescent, Kitchener, ON - Indoor Photo Showing Bedroom

55 Silver Aspen Crescent, Kitchener, ON - Indoor Photo Showing Bathroom

55 Silver Aspen Crescent, Kitchener, ON - Indoor Photo Showing Laundry Room

55 Silver Aspen Crescent, Kitchener, ON - Indoor Photo Showing Other Room

55 Silver Aspen Crescent, Kitchener, ON - Indoor Photo Showing Kitchen With Stainless Steel Kitchen

55 Silver Aspen Crescent, Kitchener, ON - Indoor

55 Silver Aspen Crescent, Kitchener, ON - Outdoor With Backyard

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Home Insurance - TD Insurance

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Home Insurance - TD Insurance

Get a home insurance quote online for this $840,000 property in Kitchener

Provided by TD Insurance

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55 Silver Aspen Crescent, Kitchener, ON, N2N 1H5

$840,000

Property Information:

A fantastic investment opportunity awaits with this stunning legal duplex in a desirable, family-friendly neighborhood. This turn-key property offers incredible income potential, with top-tier tenants already in place and generating an impressive annual return.Both units are beautifully designed with high-end finishes, including luxury vinyl plank flooring, quartz countertops, stainless steel appliances, and in-suite laundry. Thoughtful upgrades such as a separate hydro meters, upgraded R60 attic insulation, pot lighting, and a modern electrical panel make this a worry-free investment.Conveniently located just minutes from grocery stores, shopping, schools, parks, and transit, Silver Aspen is a prime rental location that will always attract demand. With a gross income of over $40,000 and minimal expenses, this property is a true wealth-builder. Live in one unit while renting out the other as a mortgage helper, or maximize your portfolio with a fully leased duplex.?Let’s schedule a viewing and discuss how this can be the next great addition to your investment ?p?ortfolio!

Inclusions: Carbon Monoxide Detector,Smoke Detector

Exclusions : All Chattels And Fixtures Belonging To Tenants

Building Features:

Floor Space: 2012.92

Property Features:

Bedrooms: 5
Acres Range: < 0.5
Basement: Separate Entrance, Full, Finished
Built in: 1972
Construction Materials: Brick
Cooling: Central Air
Driveway Parking: Private Drive Double Wide
Floor Space (approx): 2012.92 Square Feet
Heating: Forced Air
Interior Features: Separate Heating Controls, Separate Hydro Meters, Upgraded Insulation
Laundry Features: In-Suite
Lot Depth: 110.9 Feet
Lot Features: Irregular Lot, Highway Access, Hospital, Park, Place of Worship, Playground Nearby, Public Transit, Rec./Community Centre, Regional Mall, Schools, Shopping Nearby
Lot Frontage: 40.07 Feet
Other Structures: Shed(s)
Parking Features: Asphalt
Roof: Asphalt Shing
Security Features: Carbon Monoxide Detector, Smoke Detector, Carbon Monoxide Detector(s)
Water Source: Municipal
Zoning: R4
Sewer: Sewer (Municipal)
No. of Parking Spaces: 3

Courtesy of: EXP Realty Brokerage

Data provided by: Barrie & District Association of REALTORS® 676 Veterans Dr., Barrie, Ontario L9J 0H6
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

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Market Price Trends

Location of 55 Silver Aspen Crescent, Kitchener, ON, N2N 1H5

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

34 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

52/100

Moderate

ClimateCheck®

Current data

This property, 55 Silver Aspen Crescent , experiences 7 hot days per year at around 30.7 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.2 degrees Celsius.

Projected Avg. Temperature

Past

30.7℃

2050

34.2℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

64/100

Moderate-High

ClimateCheck®

Current data

This property, 55 Silver Aspen Crescent , experiences 11 significant 2-day storms per year, with about 321.4mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 399mm of precipitation per year.

Precipitation Per Storm

Past

321.4mm

2050

399mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 55 Silver Aspen Crescent, Kitchener, ON, N2N 1H5

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$119,312.42

Average Number of Children

1.86

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.22 %

High school certificate or equivalent

29.46 %

Apprenticeship trade certificate/diploma

7.12 %

College/non-university certificate

25.88 %

University certificate (below bachelor)

0.32 %

University Degree

21.01 %

Commuter

Travel To Work

By Car

94.16 %

By Public Transit

1.84 %

By Walking

1.21 %

By Bicycle

0.02 %

By Other Methods

2.77 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

2.07 %

Houses

97.93 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 55 Silver Aspen Crescent, Kitchener, ON, N2N 1H5

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 55 Silver Aspen Crescent, Kitchener, ON, N2N 1H5

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

55 Silver Aspen Crescent, Kitchener, ON, N2N 1H5

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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