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$ 949,000
Est. payment /mo
New
7 BALMORAL DRIVE Kitchener, ON N2M2J7
5 Beds
3 Baths
2,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $474
MLS® Listing ID X12682304
Bedrooms 5
Source Toronto Regional Real Estate Board
Property Description
Purpose-Built Triplex in the Belmont Village, Waterloo High Tech Hub!! This upgraded triplex in a quiet and desirable neighborhood steps from KW's high-tech community, offering exceptional income potential in a highly desirable location. Purpose-built and thoughtfully designed, the property features two spacious 2-bedroom units, each with private entrances, as well as a bright and generously sized 1-bedroom lower unit with abundant natural light. The upper and middle units also feature a walkout balcony, adding to their appeal. Each unit is separately metered for hydro, with an additional common meter and a shared laundry facility to streamline operations. All units will be vacant on closing, providing the flexibility to set market rents and maximize returns from day one. There is also parking for approximately six vehicles, offering excellent convenience for tenants or future owners. Extra shed in the parking lot for extra storage! Recent upgrades include updated flooring, new roof shingles (2019), ensuring low ongoing maintenance and long-term value. Ideally located near transit, parks, hospitals, and major amenities, this triplex is VACANT and a strong income generator in a thriving and desirable neighbourhood. Don't miss this is low-risk, high-reward investment opportunity with lasting potential! (id:24570)
Location
Province ON
Rooms
Kitchen 2.0
Extra Room 1 Second level 3.57 m X 3.94 m Living room
Extra Room 2 Second level 3.57 m X 3.94 m Dining room
Extra Room 3 Second level 3.4 m X 3.1 m Primary Bedroom
Extra Room 4 Second level 3.25 m X 3.1 m Bedroom 2
Extra Room 5 Lower level 6.4 m X 3.3 m Living room
Extra Room 6 Lower level 3.3 m X 3.28 m Bedroom
Interior
Heating Forced air
Cooling None
Flooring Laminate, Carpeted
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 6
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Listed by UPPERSIDE REAL ESTATE LIMITED
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