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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

$ 1,049,000

Est. payment | -/mo

6 Beds

3 Baths

1,927 SqFt

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$ 1,049,000

Est. payment | -/mo

Save Virtual Tour

6 Beds

3 Baths

1,927 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1927

Square Footage 1,927 sqft

Price per Sqft $544

Subdivision 327 - Fairview/Kingsdale

MLS® Listing ID 40842817

Bedrooms 6

Year Built 1958

Property Sub-Type Freehold

Property Description

A rare opportunity to own a property featuring three legal living units in a friendly, established neighbourhood. Whether you're looking for the perfect multi-generational setup, a mortgage helper, or a turnkey investment, this versatile property offers exceptional flexibility. The main level features a bright, open-concept living and dining area filled with natural light, three generously sized bedrooms, and a full bathroom, creating a comfortable space to call home. The finished lower level is a fully self-contained two-bedroom suite complete with its own kitchen, offering privacy and independence for extended family or rental income. Adding even more value is the detached legal one-bedroom accessory dwelling unit, complete with its own kitchen, bathroom, and in-suite laundry, providing a completely separate living space for family, guests, or tenants. Situated on one of the larger lots in the neighbourhood, measuring approximately 52' x 109', the fully fenced backyard offers generous outdoor space for everyone to enjoy. Ideally located on a quiet street close to schools, parks, shopping, public transit, the ION LRT, and major highways, convenience is right at your doorstep. Recent updates include new flooring throughout, custom built-in cabinetry, a 200-amp electrical service, and an on-demand water heater (2021). Live in the spacious main unit while the two additional legal units help offset a significant portion of your monthly living expenses, create the ideal multi-generational lifestyle where everyone enjoys their own private space, or maximize the property's investment potential with projected rental income of approximately $6,000 per month ($72,000 annually). Vendor Take-Back financing is available with a minimum 30% down payment, offering additional flexibility for qualified buyers. A rare opportunity offering a projected 6% cap rate in today's market. (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Basement 11'8'' x 8'3'' Laundry room

Extra Room 2 Basement Measurements not available 3pc Bathroom

Extra Room 3 Basement 11'5'' x 12'11'' Bedroom

Extra Room 4 Basement 10'7'' x 17'3'' Bedroom

Extra Room 5 Basement 11'8'' x 24'3'' Kitchen

Extra Room 6 Main level Measurements not available 3pc Bathroom

Interior

Heating Forced air,

Cooling Central air conditioning

Exterior

Parking Features No

Fence Fence

Community Features Community Centre

View Y/N No

Attached Garage No

Total Parking Spaces 4

Garage No

Private Pool No

Building

Story 1

Sewer Municipal sewage system

Others

Ownership Freehold

Virtual Tour https://www.youtube.com/watch?v=vkk7WyXYsL0

Listed by Chestnut Park Realty Southwestern Ontario Limited

Schools and Properties Nearby

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+1(647) 493-3579

info@tonyledi.com

CAN

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88 WOODHAVEN Road Kitchener, ON N2C1V1