Attention Investors! Discover an extraordinary investment opportunity with this well-maintained R6 zoned triplex, offering potential for expansion into a multiplex (6 units of 1 bedroom each which the current owner has been doing). Each floor has 2 kitchens and 2 bathrooms, making it easy to use as 3 to 6 units (you choose)! Nestled on a quiet, mature street just steps from the vibrant Belmont Village, this property provides easy access to top-tier restaurants, shops, amenities, schools, parks, and trails, as well as being a short drive from Uptown Waterloo and Downtown Kitchener. Upgraded in 2016; kitchens, bathrooms, and appliances. Between 2022 and 2023 there were new windows installed, new roof, furnace, water heater and the doors were installed in 2020 + other updates. The property also boasts an expansive 50 foot frontage by 184-foot deep lot, its the ideal location to build another building as the city approves (look at number 79 on the same street). There is significant potential for this property, it is a standout prospect for savvy investors looking to enhance their portfolio and develop a highly sought-after residential space. Don’t miss out on this exceptional opportunity! (id:37788)
MLS® Number | 40590537 |
Property Type | Multi-family |
Amenities Near By | Golf Nearby, Hospital, Park, Place Of Worship, Playground, Public Transit, Schools |
Community Features | Quiet Area |
Parking Space Total | 15 |
Bathroom Total | 6 |
Bedrooms Total | 9 |
Appliances | Window Coverings |
Basement Development | Finished |
Basement Type | Full (finished) |
Cooling Type | None |
Exterior Finish | Brick |
Foundation Type | Poured Concrete |
Heating Fuel | Natural Gas |
Heating Type | Forced Air, Other |
Stories Total | 3 |
Size Interior | 3000 Sqft |
Type | Triplex |
Utility Water | Municipal Water |
Access Type | Road Access |
Acreage | No |
Fence Type | Partially Fenced |
Land Amenities | Golf Nearby, Hospital, Park, Place Of Worship, Playground, Public Transit, Schools |
Sewer | Municipal Sewage System |
Size Depth | 184 Ft |
Size Frontage | 53 Ft |
Size Irregular | 0.214 |
Size Total | 0.214 Ac|under 1/2 Acre |
Size Total Text | 0.214 Ac|under 1/2 Acre |
Zoning Description | R6 |
https://www.realtor.ca/real-estate/26925584/59-brandon-avenue-kitchener
(519) 880-8866
(519) 886-0877
(519) 880-8866
(519) 886-0877
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