Introducing a rare triplex opportunity in Kitchener's highly sought-after North Ward, just minutes from Downtown Kitchener and Uptown Waterloo, the GO Station, and expressway. This versatile property features a 1-bedroom, 2-bedroom, and a brand-new bachelor unit completed in 2025—perfect for investors or multi-generational living. With all three units vacant as of August 1, buyers gain immediate flexibility to set market rents or move in and customize. With a projected total revenue of $55,800/year this is a great opportunity at a 6% cap rate. Each unit is completely self-sufficient with its own kitchen and bathroom, with updated finishes throughout. The property offers parking for four vehicles and sits near key amenities like parks, schools, shopping, and public transit. A turn-key addition to any portfolio in one of Kitchener’s most established neighbourhoods. Contact listing agent for financials and book your showing today! (id:37788)
MLS® Number | 40748612 |
Property Type | Multi-family |
Amenities Near By | Hospital, Park, Place Of Worship, Playground, Public Transit, Schools |
Community Features | Quiet Area, Community Centre, School Bus |
Parking Space Total | 4 |
Structure | Porch |
Basement Development | Finished |
Basement Type | Full (finished) |
Exterior Finish | Brick |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Stories Total | 2 |
Size Interior | 1816 Sqft |
Type | Triplex |
Utility Water | Municipal Water |
Acreage | No |
Land Amenities | Hospital, Park, Place Of Worship, Playground, Public Transit, Schools |
Sewer | Municipal Sewage System |
Size Depth | 100 Ft |
Size Frontage | 40 Ft |
Size Total Text | Under 1/2 Acre |
Zoning Description | R2 |
https://www.realtor.ca/real-estate/28569584/386-guelph-street-kitchener
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