Key Facts
- MLS® #: 40816047
- Property ID: SIRC3215979
- Property Type: Residential, Townhouse
- Living Area: 1,430.62 sq.ft.
- Year Built: 1914
- Bedrooms: 3+1
- Bathrooms: 2
- Parking Spaces: 1
- Listed By:
- CITYSCAPE REAL ESTATE LTD
Property Description
HIGHEST CAP RATE IN TOWN at 7%+! Explore an exciting investment opportunity in this non-conforming duplex townhouse with two separate units. With both units currently vacant, the possibilities are endless! The upper unit sets the tone with updated flooring and a neutral palette. The bright living room seamlessly joins the dining room, forming a cozy gathering space. The kitchen, designed for functionality, features white cabinets and outdoor views. The hallway has built-in storage cabinets and an extra storage area. Upstairs, discover three comfortable bedrooms and a convenient 4pc bath. The second-floor has access to a balcony for some fresh air. The lower unit, enhances the property's versatility with a completely separate entrance. This unit includes a kitchen, a family room, a spacious bedroom, and a 4-pc bath. Additional storage ensures a clutter-free environment. Together, both units easily bring in a combined income of $3500/mth or more. Located in the heart of Downtown Kitchener, this property offers easy access to ION Public Transit, the Kitchener Market, schools, Victoria Park, and a variety of shopping and dining options. This home is the ideal turn-key investment for savvy investors, as evidenced by a net profit of over $31k in 2025. Don’t let this opportunity pass by — book your private showing today!
Rooms
- TypeLevelDimensionsFlooring
- StorageMain3' 6.9" x 2' 9"Other
- KitchenMain8' 8.5" x 8' 3.9"Other
- KitchenBasement10' 8.6" x 11' 5"Other
- UtilityBasement6' 9.1" x 5' 10"Other
- StorageBasement3' 10" x 5' 4.9"Other
- Bedroom2nd floor11' 1.8" x 8' 7.1"Other
- Primary bedroom2nd floor8' 11" x 11' 8.9"Other
- Bedroom2nd floor8' 8.5" x 10' 11.1"Other
- BedroomBasement10' 9.1" x 7' 8.9"Other
- Dining roomMain10' 11.8" x 10' 11.1"Other
- Family roomBasement10' 7.8" x 7' 10"Other
- Living roomMain10' 7.9" x 12' 2.8"Other
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Location
61 Eby Street #B, Kitchener, Ontario, N2G 3K9 Canada
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