24 Edgewood Drive, Kitchener, ON, N2M 2A1

$1,060,000

MLS® # 40542654

Investment For Sale In Victoria Hills, Kitchener, Ontario

$1,060,000

Property Information:

Legal Duplex! Purpose-built new in 2022. Conveniently located in Victoria Hills, close to all amenities. Property backs onto Belmont Park. Timeless open concept layouts in both units, outfitted with 9-foot ceilings in the basement. Natural light soaks in through the large windows. Each unit features its own private deck. Other features you'll love include the walk-in closets and the designer kitchens with quartz counters. Both units have signed leases, boasting a gross annual income of $54,000. Each unit has 2 beds and 1 bath. Lower unit comprises main and basement levels and includes garage. Upper unit comprises second level. Utilities in each unit are separately metered and tenants pay their own utilities. The discerning investor will realize the income potential of this newer, low maintenance property with no interior common areas to maintain. The neighbouring property (26 Edgewood Drive) is also available. Photos of Unit #2 are from 26 Edgewood Drive (same layout and finishes, but mirror reversed).

Inclusions: Built-in Microwave,Carbon Monoxide Detector,Smoke Detector

Exclusions : Tenants' Belongings

Building Features:

  • Floor Space: 1800 Square Feet

Property Features:

  • Bedrooms: 4
  • Acres Range: < 0.5
  • Basement: Full, Finished, Sump Pump
  • Built in: 2022
  • Construction Materials: Stone, Vinyl Siding
  • Cooling: Central Air
  • Driveway Parking: Private Drive Double Wide
  • Fencing: Fence - Partial
  • Floor Space (approx): 1800 Square Feet
  • Heating: Baseboard, Electric, Forced Air, Natural Gas
  • Interior Features: Accessory Apartment, Separate Heating Controls, Separate Hydro Meters
  • Laundry Features: In-Suite
  • Lot Depth: 100 Feet
  • Lot Features: Rectangular, Hospital, Park, Public Transit
  • Lot Frontage: 26.00 Feet
  • Parking Features: Attached Garage, Asphalt, Built-In, Concrete
  • Roof: Asphalt Shing
  • Security Features: Carbon Monoxide Detector, Smoke Detector, Carbon Monoxide Detector(s)
  • Water Source: Municipal
  • Zoning: RES-4
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 3

Courtesy of: CENTURY 21 HERITAGE HOUSE LTD.

Data provided by: Kitchener-Waterloo Association of REALTORS® 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Additional Photos