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$699,900

Kitchener ON, N2E 1K2

MLS® # 40784741

Property Information:

Welcome to this *LEGAL DUPLEX* in the beautiful Laurentian Hills, with Perfect Blend of Luxury, Comfort &Income Potential. This home is perfect for families, multi-generational living, or investors which was fully renovated top to bottom with more than $170K spent on upgrades. The upper unit offers 3 bedrooms and 1 full bath in an open-concept design flooded with natural light. With all new led lights, pot lights, vinyl flooring, bright and inviting family &dinning rooms in addition to a chef-inspired kitchen with quartz counters &backsplash, S.S.appliances, modern cabinetry &breakfast area. The primary bedroom has side door to access the bathroom for privacy &convenience. Additional two spacious bedrooms, one has sliding door to the deck. Convenient laundry rough-ins are done to complete the levelThe Legal Basement Apartment is designed with complete privacy in mind, with its own separate entrance from the backyard &includes: 2 beds, 1 full bath with an open living &dining areas &kitchen that includes quartz counters &a full set of appliances in addition to in-suite laundry. All finished to code with fire separation, ESA certificate &city permit for comfort &safety.The backyard has its own gazebo &an extended portico to cover the basement entrance &extra storage for your bbq. The huge driveway can easily hold 3 large cars.Located in a friendly neighborhood, few steps to different school bus stops, steps to parks &walking trails, shopping plazas, restaurants, grocery stores &public transit. A vibrant, established community with everything you need at your doorstep.Live in one unit and rent out the other and you’ll end up owning a detached house and paying a mortgage less than the rent of an apartment. OR rent both units for maximum return. This is more than just a home—it’s a smart investment and lifestyle upgrade in one.Extras: light fixtures, 2fridges, 2stoves, 2dishwashers, 2microwaves, washer, dryer, outdoor smart lights &owned tankless water heater

Inclusions: Built-in Microwave,Carbon Monoxide Detector,Microwave,Smoke Detector,All Light Fixtures, 2 Fridges, 2 Stoves, 2 Dishwashers, 2 Over-The-Range Microwaves, Washer, Dryer, Permanent Outdoor Smart Lights, And New Owned Tankless Water Heater, Outdoor Table & 4 Chairs , Window Blinders

Exclusions : Freezers, Decorative Curtains

Building Features:

  • Floor Space: 1936 Square Feet

Property Features:

  • Bedrooms: 5
  • Acres Range: < 0.5
  • Basement: Separate Entrance, Full, Finished
  • Built in: 1972
  • Construction Materials: Aluminum Siding, Brick
  • Cooling: Central Air
  • Driveway Parking: Private Drive Single Wide
  • Fencing: Full
  • Floor Space (approx): 1936 Square Feet
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In-Suite
  • Lot Features: Irregular Lot, Highway Access, Park, School Bus Route, Shopping Nearby, Trails
  • Lot Frontage: 38.94 Feet
  • Other Structures: Gazebo, Shed(s), Other
  • Parking Features: Concrete
  • Road Frontage Type: Municipal Road
  • Road Surface Type: Paved
  • Roof: Asphalt Shing
  • Security Features: Carbon Monoxide Detector, Smoke Detector, Alarm System, Carbon Monoxide Detector(s)
  • Water Source: Municipal
  • Zoning: R-4
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 4

Courtesy of: RED AND WHITE REALTY INC.

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Potential Investment Performance

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Location of 157 Pinedale Drive, Kitchener, ON, N2E 1K2

Demographic Information of 157 Pinedale Drive, Kitchener, ON, N2E 1K2

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$107,360.80

Average Number of Children

1.81

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.93 %

High school certificate or equivalent

32.25 %

Apprenticeship trade certificate/diploma

5.95 %

College/non-university certificate

26.31 %

University certificate (below bachelor)

0.63 %

University Degree

12.93 %

Commuter

Travel To Work

By Car

94.44 %

By Public Transit

0.82 %

By Walking

0.29 %

By Bicycle

0.0 %

By Other Methods

4.45 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

Houses

100.0 %

Own Vs. Rent