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$629,900
Est. payment /mo
4 Beds
2 Baths
1,551 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1551
Square Footage 1,551 sqft
Price per Sqft $406
Subdivision 311 - Downtown/Rockway/S. Ward
MLS® Listing ID 40867437
Bedrooms 4
Property Sub-Type Freehold
Property Description
Investors and house hackers, take note! 25 Meinzinger Ave. is an updated duplex on a generous 51 x 131 ft lot, with the cities new flexible zoning (SGA-1) in Kitchener's established Southdale neighbourhood. Featuring two self-contained, income-ready suites, that previous generated almost $50,000.00 in gross annual rent, that provide the flexibility to live in one while the other pays down your mortgage, plus a separate entrance to the basement, offering potential for a future third suite and added income! Each suite features their own private entry, 2 bedrooms, a full bathroom, and separate living and dining areas, all finished with carpet-free flooring, a modern kitchen with generous cabinetry, and an updated bathroom. Dedicated parking for each unit, on-site laundry, and an expansive shared backyard round out a setup designed for easy management and long term tenant appeal. Minutes to Highway 8, local transit, Zehrs, Queen Elizabeth Public School, and neighbourhood parks, this is a turn-key, centrally located multi-family asset with strong fundamentals and real upside. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air,
Cooling None
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 3
Garage No
Private Pool No
Building
Story 1.5
Sewer Municipal sewage system
Others
Ownership Freehold
Virtual Tour https://sites.ground2airmedia.com/sites/25-meinzinger-ave-kitchener-on-n2m-3t3-29501997/branded
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Listed by ROYAL LEPAGE CROWN REALTY SERVICES INC.
NEARBY SCHOOL & BUSINESS