Multi-3 Unit sold at 132 Merner Avenue, Kitchener, ON, N2H 1X8 - Downtown Kitchener/East Ward - MLS: 40699443

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132 Merner Avenue

Kitchener, ON, N2H 1X8 - Downtown Kitchener/East Ward

$999,000

Neighbourhood

Downtown Kitchener/East Ward
Major Intersection

Listed Since: 442 day(s)
Last update: 257 day(s) ago

Overview

Property Type

Multi-3 Unit, Residential Income
Bedrooms

n/a
Bathrooms

3
Basement

Separate Entrance, Full, Finished
Kitchen

n/a
Total Parking

4 (2 null Garage)
Lot Size

Available Upon Request
Taxes

$5,969.00 (2025)
Type

Freehold

Property Description

Property description for 132 Merner Avenue, Kitchener

Turn-key legal triplex with 72K+ gross annual income located in the desirable East Ward neighbourhood of Kitchener. 132 Merner Ave features a 3 bed upper unit, lower 2 bed unit and rear above grade bachelor unit. Currently rented for $2495, the spacious 3 bed unit features an open living/dining room area, eat-in kitchen with pantry, renovated bathroom, new paint and in-suite laundry. The lower 2 bedroom unit was completely redone in 2023 and is currently rented at $2195. This unit features 2 bedrooms, tiled bathroom, large open concept living/dining/kitchen area, SS appliances, new rads, new windows, effective sound proofing and a large laundry/den area. The rear bachelor unit was also completed in 2023 rented at $1350 with tiled bathroom/shower, in-suite laundry, new appliances, mini split heat pump for heat/AC. Each unit has it's own hydro panel for separate billing, in-suite laundry, sound proofing, double wide driveway and double car garage with new doors, new drainage systems and more. Prime location, condition, and opportunity! Contact listing agent for financials and to book your viewing today!

Listed by Flux Realty

Property details

MLS #

40699443
Sq. Ft

2867
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

n/a
Drive

n/a
Garage

n/a
Total Parking

4
Family Room

n/a
Den

n/a
Exterior

Brick
Fireplace

n/a
Roof

Asphalt Shing
Foundation

Poured Concrete
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Natural Gas, Heat Pump, Radiant
A/C

Other
Water

Municipal
Water Supply

n/a
Sewers

n/a
Central Vac

n/a

MLS #

40699443
Sq. Ft

2867
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

n/a
Drive

n/a
Garage

n/a
Total Parking

4
Family Room

n/a
Den

n/a
Exterior

Brick
Fireplace

n/a
Roof

Asphalt Shing
Foundation

Poured Concrete
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Natural Gas, Heat Pump, Radiant
A/C

Other
Water

Municipal
Water Supply

n/a
Sewers

n/a
Central Vac

n/a

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 132 Merner Avenue, Kitchener

This property has been sold 7 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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