Kitchener ON, N2C 1B3
Property Information:
Investment Property - a great opportunity to purchase a purpose built triplex conveniently located in a quiet residential neighbourhood, close to Hwy 7/8 and Fairway Rd S in Kitchener. Opportunities like this do not come along too often - this property comprises of 3 seperate units. The main floor unit (currently tenanted) has 2 bedrooms, a 4 pce bathroom and a good size living room and kitchen. The second floor unit (currently tenanted) has the same floor plan as the main. The lower unit has a seperate entrance and is currently vacant allowing the landlord to choose their own tenant and set the monthly rent rate that they choose. The lower unit is a 1 bedroom with a 4 pce bathroom, living room and kitchen. On the lower level you will also find the shared laundry room, storage area and a utililty room. The building has adequate tenant parking on a paved driveway and sits on a nice corner lot at the corner of Connaught St & Fourth Ave. There is also an additional 33' x 66' severed building lot on the west side of the driveway which the seller will give the buyers of the triplex first right of refusal on. The lot has planning permission to build a 1940sq ft 3 level home - plans available for this build. Asking price for the lot is $399,000 in addition to the asking price for the triplex. (id:27)
Building Features:
- Style: Triplex
- Building Type: Triplex
- Amenities: Separate Hydro Meters
- Basement Development: Finished
- Basement Type: Full
- Exterior Finish: Brick
- Fire Protection: Smoke Detectors
- Floor Space: 1500 - 2000 sqft
- Foundation Type: Block
- Heating Type: Forced air
- Heating Fuel: Natural gas
- Cooling Type: None
- Appliances: Water meter, Dryer, Stove, Refrigerator
Property Features:
- Property Type: Multi-family
- Bedrooms: 4+1
- Bathrooms: 3
- Amenities Nearby: Golf Nearby, Park, Schools, Ski area
- Floor Space (approx): 1500 - 2000 Square Feet
- Irregular: Yes
- Lot Depth: 94.0 Feet
- Lot Frontage: 66.0 Feet
- Lot Size: 66 x 94 FT
- Zoning: R3
- Sewer: Sanitary sewer
- Parking Type: No Garage
- No. of Parking Spaces: 6
Rooms:
- Bathroom 2nd Level 2.41 m x 1.49 m 7.91 ft x 4.89 ft
- Primary Bedroom 2nd Level 3.47 m x 3.00 m 11.38 ft x 9.84 ft
- Bedroom 2nd Level 3.49 m x 3.01 m 11.45 ft x 9.88 ft
- Living 2nd Level 7.07 m x 3.45 m 23.20 ft x 11.32 ft
- Kitchen 2nd Level 3.96 m x 2.81 m 12.99 ft x 9.22 ft
- Bathroom Basement Level 2.60 m x 1.50 m 8.53 ft x 4.92 ft
- Bedroom Basement Level 3.68 m x 2.90 m 12.07 ft x 9.51 ft
- Living Basement Level 6.92 m x 3.40 m 22.70 ft x 11.15 ft
- Kitchen Basement Level 3.67 m x 2.78 m 12.04 ft x 9.12 ft
- Utility Basement Level 3.13 m x 4.05 m 10.27 ft x 13.29 ft
- Other Basement Level 1.21 m x 4.64 m 3.97 ft x 15.22 ft
- Bathroom Main Level 2.44 m x 1.49 m 8.01 ft x 4.89 ft
- Bedroom Main Level 3.45 m x 3.03 m 11.32 ft x 9.94 ft
- Primary Bedroom Main Level 3.47 m x 3.01 m 11.38 ft x 9.88 ft
- Living Main Level 7.11 m x 3.48 m 23.33 ft x 11.42 ft
- Kitchen Main Level 3.98 m x 2.83 m 13.06 ft x 9.28 ft
Convert Measurement to:
Courtesy of: Keller Williams Home Group Realty
⚠ Potential Investment Performance
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Market Price Trends
Location of 228 CONNAUGHT STREET, Kitchener, Ontario, N2C 1B3
Demographic Information of 228 CONNAUGHT STREET, Kitchener, Ontario, N2C 1B3
Life Stage
Midlife FamiliesEmployment Type
Blue Collar/Primary, Blue Collar/Service SectorAverage Household Income
$88,743.14Average Number of Children
1.72Household Population
Household Structure
Age of Population
Education
Education Level
No certificate/diploma/degree
21.81 %High school certificate or equivalent
33.89 %Apprenticeship trade certificate/diploma
7.95 %College/non-university certificate
22.16 %University certificate (below bachelor)
0.52 %University Degree
13.69 %Commuter
Travel To Work
By Car
87.9 %By Public Transit
6.42 %By Walking
2.84 %By Bicycle
0.0 %By Other Methods
2.84 %Cultural Diversity
Knowledge of Official Language
Mother Tongue
Building Information
Building Type
Apartments (Low and High Rise)
51.25 %Houses
48.75 %