Kitchener, N2G 3K9
$450,000
Listed by EXP REALTY.
Explore an exciting investment opportunity in this legal non-conforming duplex townhouse. The vacant upper unit has newly updated flooring and a neutral palette. The bright living room seamlessly joins the dining room. The kitchen, designed for functionality, features white cabinets and outdoor views. The hallway has built-in storage cabinets and an extra storage area. Upstairs, discover three comfortable bedrooms and a convenient 4-pc bath. The second-floor has access to a balcony for some fresh air. The lower unit, currently tenanted, enhances the property's versatility with a completely separate entrance. This unit includes a kitchen, a family room, a spacious bedroom, and another 4-pc bath. Located in the heart of Downtown Kitchener, it provides easy access to ION Public Transit, the Kitchener Market, schools, Victoria Park, and a variety of shopping and dining options. Book your private showing today!
This home is the ideal turn-key investment for savvy investors, as evidenced by a net profit of $22,843.04 in 2022. Lower unit requires significant TLC but is currently tenanted and brings in stable monthly income of $800+/month.
Dining
Kitchen
Living
2nd Br
3rd Br
Prim Bdrm
4th Br
Family
Kitchen
Utility
The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.
