31 ELLEN Street W , Kitchener

4 Bed / 3 Bath / $949,900 / MLS® Listing #:40169084

  • Property Info
  • WalkScore
  • Mortgage Info
  • Share

Finding three rental units in the desirable Civic Centre neighbourhood is not easy. The Civic Centre neighbourhood is host to proud owners of historic homes, beautiful gardens, and spacious lots with mature trees. With neighbourhood anchors like the Centre in the Square and Kitchener Public Library just down the street, enjoy spare time by gaining some inspiration, gathering with friends, finding some peace and quiet, or viewing the best local, national, and international performers on stage. This triplex offers a 4% cap rate with $39,000+ net income, separate hydro meters, ample parking, and having either a turnkey investment or one unit vacant for your occupancy. Find a spacious upper unit with finished attic and renovated kitchen with built-in dual ovens, quartz counters, stainless-steel kitchen appliances, dishwasher, and exit to 2nd-floor balcony. A main-floor 2-bedroom unit offers original stained glass and sliding door features, brand new stainless-steel stove, spacious living and dining area, additional basement storage, and covered back porch. From outside, notice a charming red-brick facade with complementing decorative pillars, board and batten siding, composite porch flooring, and stone hardscaping with concrete front steps. Enjoy this multi-family property for years to come, and easily keep tenants' interest with transit, highway, cafes and restaurants, major tech employers like Google, and arts and culture amenities not too far away. A triplex like this, on a quiet street and in a desirable area, is an opportunity that you won't want to miss! (id:10452)

Property Details

Property Type Triplex
Square Feet 2222.0000
Maintenance N/A
Days On Our Website 30
Basement Unfinished - Full (Unfinished)
Kitchens
Lot Dimensions under 1/2 acre
Pool N/A
Area Kitchener
Air Conditioning Window air conditioner
Heating Natural gas - Hot water radiator heat, Radiant heat
Exterior Brick, Vinyl siding
Parking Spaces 3
Sewers Municipal sewage system
Water Municipal water

Listing Office: Victoria Park Real Estate Ltd.



Mortgage payment calculator

Land transfer tax calculator

CMHC insurance calculator

Mortgage calculator by ratehub.ca

Terms Of Use Agreement

Terms of Use
This website is operated by Looey Tremblay, a salesperson who is a member of The Canadian Real Estate Association (CREA). The content on this website is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, Looey Tremblay, and CREA.

Copyright
The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate the content of this website.

Trademarks
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.

Liability and Warranty Disclaimer
The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.

Amendments
Looey Tremblay may at any time amend these Terms of Use by updating this posting. All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.

Do you agree to these terms and conditions?