35 BELMONT West Avenue, Kitchener, Ontario N2M1L2

  • $1,120,000
35 BELMONT West Avenue, Kitchener, Ontario N2M1L2
For Sale
35 BELMONT West Avenue, Kitchener, Ontario N2M1L2
  • $1,120,000

Overview

Property ID: 1494861
  • Multi-family
  • Property Type
  • 4
  • Bedrooms
  • 3
  • Bathrooms
  • 4
  • Garages
  • 2500.0
  • 2023
  • Year Built

Description

Legal duplex with opportunity to add third unit! Purpose-built new in 2023. Timeless open concept layouts in both units, outfitted with 9-foot ceilings on all three levels (including the basement)! Natural light soaks in through the large windows. Each unit features its own private deck. Designer kitchens with quartz counters. Both units have signed leases, boasting a gross annual income of $54,600. Lower unit comprises 2 beds and 1.5 baths. Upper unit comprises 2 beds, 1 bath and garage. Adventurous investors can increase the income generated from this property by adding an accessory dwelling unit. Minor variance approval has already been obtained from the City of Kitchener to build a tiny home in the backyard. Each unit is self-contained with its own furnace, air conditioning, hot water tank and thermostats. Each unit is separately metered and tenants pay their own utilities. (id:56724)

Details

Updated on May 15, 2024 at 9:09 pm
  • Property ID: 1494861
  • Price: $1,120,000
  • Property Size: 2500.0
  • Bedrooms: 4
  • Bathrooms: 3
  • Garages: 4
  • Year Built: 2023
  • Property Type: Multi-family
  • Property Status: For Sale
  • MLS#: 40544742
  • MLS Status: Active

Additional details

  • Sewer: Municipal sewage system
  • Cooling: Central air conditioning
  • Heating: Baseboard heaters,Forced air,Electric,Natural gas
  • Stories: 2
  • Basement: Finished,Full
  • Appliances: Microwave Built-in
  • Directions: Head south on Belmont Ave W from Highland Rd W; property is on the right-hand side before Queen's Blvd.
  • Lot Features: Paved driveway,Sump Pump
  • Water Source: Municipal water
  • Parking Total: 4
  • Structure Type: Duplex
  • Common Interest: Freehold
  • Parking Features: Attached Garage
  • Tax Annual Amount: 5199.75
  • Foundation Details: Poured Concrete
  • Zoning Description: RES-4
  • Number Of Units Total: 2
  • Address 35 BELMONT Avenue W
  • City Kitchener
  • Province Ontario
  • Postal Code N2M1L2
  • Area 325 - Forest Hill
  • Country Canada

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