127 STRATHCONA Crescent, Kitchener, ON N2B2W8
127 STRATHCONA Crescent, Kitchener, ON N2B2W8
127 STRATHCONA Crescent, Kitchener, ON N2B2W8
127 STRATHCONA Crescent, Kitchener, ON N2B2W8
127 STRATHCONA Crescent, Kitchener, ON N2B2W8
127 STRATHCONA Crescent, Kitchener, ON N2B2W8
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Tony & Ledi Real Estate Team

Tony & Ledi Real Estate Team

+1(647) 493-3579
$ 879,900
Est. payment | /mo

5 Beds

3 Baths

2,365 SqFt


$ 879,900
Est. payment | /mo

5 Beds

3 Baths

2,365 SqFt

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2365

Square Footage 2,365 sqft

Price per Sqft $372

Subdivision 224 - Heritage Park/Rosemount

MLS® Listing ID 40840981

Bedrooms 5

Year Built 1967

Property Sub-Type Freehold

Property Description

Attention investors and savvy buyers! This fully renovated legal duplex offers a rare opportunity to generate strong rental income while owning a well-maintained, turnkey property. Thoughtfully converted and updated between 2017-2020, this versatile home provides two self-contained living spaces, making it an ideal addition to any investment portfolio. The upper unit features 3 spacious bedrooms, an updated full bathroom with double vanity, bright living and dining areas, a renovated kitchen, and access to an elevated deck. The upper level is currently generating $2,600/month in rental income, providing immediate cash flow. The lower unit offers an attractive open-concept layout with a modern kitchen, spacious living area with gas fireplace, 2 bedrooms, and 2 full bathrooms including a private ensuite. Heated floors throughout most of the lower level add premium comfort and appeal for tenants. Outside, the property offers excellent curb appeal with a brick and vinyl exterior, double-wide driveway, and oversized double garage with two separate garage doors, inside entry, and convenient backyard access. A natural gas BBQ hookup and private outdoor spaces further enhance the property's appeal. Major capital improvements include the roof (approx. 2020), exterior updates (2020/2021), garage doors (2017), driveway (approx. 5 years ago), furnace and air conditioning (2017), owned on-demand water heater, and owned water softener. Built in 1967, the home has been extensively modernized while maintaining its solid construction. With approximately 5 bedrooms, 3 full bathrooms, separate living spaces, ample parking, and strong income potential, this legal duplex presents an outstanding opportunity for investors, multi-generational families, or owner-occupants looking to offset mortgage costs with rental income. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air,

Cooling Central air conditioning

Exterior

Parking Features Yes

Fence Fence

Community Features Community Centre

View Y/N No

Attached Garage Yes

Total Parking Spaces 4

Garage Yes

Private Pool No

Building

Story 1

Sewer Municipal sewage system

Others

Ownership Freehold

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127 STRATHCONA Crescent