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$840,000

Kitchener ON, N2A 1E1

MLS® # 40775269

Property Information:

Large triplex in convenient location that would make a great house hacking opportunity for the entry level investor. This purpose built triplex features two large 3 bedroom apartments, and one 2 bedroom unit in the basement. It is heated with a gas furnace, and has separate hydro meters. There are 5 parking spaces on this corner property. Several recent upgrades include newer roof, windows and water heater. Coin laundry on site for additional income.

Inclusions: Carbon Monoxide Detector,Hot Water Tank Owned

Building Features:

  • Floor Space: 1950 Square Feet

Property Features:

  • Bedrooms: 8
  • Acres Range: < 0.5
  • Basement: Full, Partially Finished
  • Construction Materials: Brick Veneer
  • Cooling: None
  • Driveway Parking: Outside/Surface/Open
  • Floor Space (approx): 1950 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: Separate Hydro Meters
  • Laundry Features: Coin Operated
  • Lot Depth: 100 Feet
  • Lot Features: Highway Access, Public Transit, Schools
  • Lot Frontage: 60.00 Feet
  • Roof: Asphalt Shing
  • Security Features: Carbon Monoxide Detector
  • Water Source: Municipal
  • Zoning: RES-4
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 5

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Potential Investment Performance

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Location of 346 Prospect Avenue, Kitchener, ON, N2A 1E1

Demographic Information of 346 Prospect Avenue, Kitchener, ON, N2A 1E1

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$106,919.39

Average Number of Children

1.73

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.03 %

High school certificate or equivalent

35.07 %

Apprenticeship trade certificate/diploma

8.08 %

College/non-university certificate

22.59 %

University certificate (below bachelor)

1.39 %

University Degree

17.84 %

Commuter

Travel To Work

By Car

91.74 %

By Public Transit

3.41 %

By Walking

0.67 %

By Bicycle

0.0 %

By Other Methods

4.18 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

39.99 %

Houses

60.01 %

Own Vs. Rent