PURPOSE BUILT TRIPLEX. 3 x 2 BEDROOM UNITS. 2 minutes (1KM) to Highway 7/8. On a bus route. 4 minutes to downtown. Fantastic investment opportunity in the heart of Kitchener! This well-maintained 3-unit building features three spacious 2-bedroom units, each with a full kitchen and 4-piece bathroom. The top two units offer private balconies that were renovated Summer of 2024, while tenants enjoy the convenience of shared coin-operated laundry. The chimney was replaced in in January 2025. Each unit is rented out at $2,100 per month excluding utilities in which they pay 1/3 of the total bills every month. Ideally located with easy access to highways, parks, schools, shopping, and more. A great addition to any investor's portfolio or a perfect opportunity for multi-generational living! (id:4069)
Address
486 HIGHLAND Road E
List Price
$1,099,900
Property Type
Multi-family
Type of Dwelling
Triplex
Area
Ontario
Sub-Area
Kitchener
Bedrooms
6
Bathrooms
3
Floor Area
1,633 Sq. Ft.
Year Built
1960
MLS® Number
40705316
Listing Brokerage
RE/MAX TWIN CITY REALTY INC. BROKERAGE-2
Basement Area
Full (Finished)
Postal Code
N2M3W7
Zoning
R2B
Site Influences
Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Features
Paved driveway, Laundry- Coin operated