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$1,100,000

Kitchener ON, N2M 3J3

MLS® # X12568274

Property Information:

Exceptional opportunity to own a legal triplex generating $7,000 in monthly rental income! This well-maintained property offers three fully self-contained units, each with its own private entrance, kitchen, and in-unit laundry, ensuring complete independence and functionality for all occupants. The home includes a spacious 3-bedroom garden suite, along with two additional bright and well-laid-out units in the main dwelling. All units are currently rented to reliable tenants, and tenants are willing to stay or can provide vacant possession, giving buyers full flexibility based on their needs-whether you're an investor seeking turnkey income or an end-user looking for mortgage-helping potential. Located in a high-demand neighbourhood close to schools, parks, transit, and amenities. A rare, turnkey investment with strong cash flow, long-term stability, and excellent future upside. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Duplex
  • Basement Development: Finished
  • Basement Type: Full
  • Exterior Finish: Brick
  • Floor Space: 1500 - 2000 sqft
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Dishwasher, Dryer, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 6+3
  • Bathrooms: 4
  • Amenities Nearby: Hospital, Public Transit, Schools
  • Community Features: Community Centre
  • Floor Space (approx): 1500 - 2000 Square Feet
  • Irregular: Yes
  • Lot Depth: 140.0 Feet
  • Lot Frontage: 49.2 Feet
  • Lot Size: 49.2 x 140 FT ; 48.92 Ft X 138.73 Ft X 48.92 Ft X 138.73
  • Zoning: R-5
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage, Garage
  • No. of Parking Spaces: 7

Rooms:

  • Primary Bedroom 2nd Level 4.62 m x 3.89 m
  • Other 2nd Level 3.91 m x 3.10 m
  • Utility Basement Level 3.99 m x 2.36 m
  • Bedroom Basement Level 3.40 m x 3.91 m
  • Bedroom Basement Level 4.01 m x 2.69 m
  • Kitchen Basement Level 4.39 m x 3.66 m
  • Primary Bedroom Basement Level 3.99 m x 4.24 m
  • Living Main Level 4.22 m x 6.30 m
  • Bedroom Main Level 2.47 m x 1.55 m
  • Bedroom Main Level 2.77 m x 2.62 m
  • Bedroom Main Level 3.96 m x 3.35 m
  • Living Main Level 3.35 m x 3.93 m
  • Kitchen Main Level 2.45 m x 3.93 m
  • Kitchen Main Level 4.22 m x 6.30 m
  • Bedroom Main Level 3.45 m x 4.01 m
  • Bedroom Main Level 3.45 m x 4.45 m

Convert Measurement to:


Courtesy of: SAVE MAX REAL ESTATE INC.

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 467 STIRLING AVENUE S, Kitchener, Ontario, N2M 3J3

Demographic Information of 467 STIRLING AVENUE S, Kitchener, Ontario, N2M 3J3

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$97,489.47

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.6 %

High school certificate or equivalent

30.58 %

Apprenticeship trade certificate/diploma

6.21 %

College/non-university certificate

20.6 %

University certificate (below bachelor)

1.38 %

University Degree

22.64 %

Commuter

Travel To Work

By Car

90.35 %

By Public Transit

4.87 %

By Walking

1.03 %

By Bicycle

0.15 %

By Other Methods

3.6 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

39.1 %

Houses

60.9 %

Own Vs. Rent