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35 BELMONT Avenue W
Kitchener Ontario N2M1L2 Canada

$1,120,000

Active Listing ID 40544742
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4 bed
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2,500
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3.00 Bath
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Multi-family

$1,120,000

Active Listing ID 40544742
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35 BELMONT Avenue W Legal duplex with opportunity to add third unit! Purpose-built new in 2023. Timeless open concept layouts in both units, outfitted with 9-foot ceilings on all three levels (including the basement)! Natural light soaks in through the large windows. Each unit features its own private deck. Designer kitchens with quartz counters. Both units have signed leases, boasting a gross annual income of $54, 600. Lower unit comprises 2 beds and 1.5 baths. Upper unit comprises 2 beds, 1 bath and garage. Adventurous investors can increase the income generated from this property by adding an accessory dwelling unit. Minor variance approval has already been obtained from the City of Kitchener to build a tiny home in the backyard. Each unit is self-contained with its own furnace, air conditioning, hot water tank and thermostats. Each unit is separately metered and tenants pay their own utilities. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Cooling System: Central air conditioning
  • Exterior Finish: Vinyl siding, Brick Veneer
  • Heating Systems: Baseboard heaters, Forced air, Electric, Natural gas
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 5/15/2024 3:30:14 PM GMT
Source Updated Date: 5/16/2024 4:28:43 PM GMT

Courtesy of: ADRIANROSU, Salesperson, CENTURY 21 HERITAGE HOUSE LTD.

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