Turnkey Investment Opportunity! Purpose-built all brick triplex perfectly positioned on the corner of Pinecrest Drive and Weber Street East in Kitchener. Meticulously maintained and pride of ownership is evident throughout this pristine property. The three garages are currently used by the Owner. You can use them or rent them out for additional income. Fully rented. One lease in place and two longer term tenants. Tenants pay their own hydro (separately metered) and hot water (three separate hot water heaters). Gas, hot water boiler system with individual controls for each unit. Lots of upgrades and updates. Updated Bathrooms, New kitchen in Unit 1, Fire rated steel doors and fire extinguishers (2022), Roof (2012), Lennox Boiler (2009), Windows (approx 2009), Boiler. Hookup for washer and dryer allows the opportunity to bring in more money with coin laundry. Fantastic location - steps to amenities and quick access to the expressway/ 401. For additional details and financials please contact us.
Property Type:
Residential Income
Type:
Multi-3 Unit
Year built:
1961
(Age: 62)
Listing General Location:
226 - Stanley Park/Centreville, 2 - Kitchener East
Bedrooms:
5
Bathrooms:
3.0
(Full:-/Half:-)
Lot Size:
7,013.209 sq. ft.651.548 m2
Lot Details:
112 x 62
Lot Depth:
112'34.138 m
Lot Frontage:
62'18.898 m
Kitchens:
0
Elementary School:
Franklin P.S. (Jk-Gr6), Sunnyside P.S. (Gr7-8) / St. Daniel Catholic (Jk-Gr8)
High School:
Eastwood C.I. / St. Mary's Catholic S.S.
County Or Parish:
Waterloo
Property Attached:
Detached
Features:
Attached Garage: Yes, Garage: Yes, New Construction: No
Construction:
Brick
Basement:
Full, Finished
Foundation:
Poured Concrete
Roof:
Asphalt Shing
Year Roof Replaced:
2012
Number of Storeys:
2
Number of Buildings:
0
Total Floor Area:
1,950 sq. ft.181.161 m2
Finished Area Above Grade:
1,950 sq. ft.181.161 m2
Fireplace:
false
Laundry Features:
Electric Dryer Hookup, Laundry Room, Washer Hookup
Water Supply:
Municipal
Sewer:
Sewer (Municipal)
Cooling:
None
Heating:
Baseboard, Natural Gas
Smoke Detector
Refrigerator, Stove
Separate Heating Controls, Separate Hydro Meters
Separate Hydro Meters
Hot Water Heaters
false
No
Driveway off of Weber Street East
Smoke Detector, Smoke Detector(s)
Assessment Roll Number:
301203002012500
Assessment Year:
2022
HST Applicable To Sale Price:
Included
Association Fee 2 Frequency:
Monthly
Features:
Attached Garage: Yes, Garage: Yes, New Construction: No
Rental Income Potential:
Yes
Zoning:
R-5
Total Acres:
0.161
Fencing:
Full
Lot Site Features:
Urban, Rectangular, Highway Access, Major Highway, Public Transit, Schools, Shopping Nearby, Skiing, Trails
Features:
Attached Garage: Yes, Garage: Yes, New Construction: No