25 MEINZINGER Avenue, Kitchener, Ontario N2T3T3

Listing courtesy of ROYAL LEPAGE CROWN REALTY SERVICES INC..

$629,900
4
BD
2
BA
1,551
SqFt

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List Price
$629,900
MLS®
40867437
Days on Market
0
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Bedrooms
4
Bathrooms
2
Living Area
1,551
Subdivision
311 - Downtown/Rockway/S. Ward

Property Description

Investors and house hackers, take note! 25 Meinzinger Ave. is an updated duplex on a generous 51 x 131 ft lot, with the cities new flexible zoning (SGA-1) in Kitchener's established Southdale neighbourhood. Featuring two self-contained, income-ready suites, that previous generated almost $50,000.00 in gross annual rent, that provide the flexibility to live in one while the other pays down your mortgage, plus a separate entrance to the basement, offering potential for a future third suite and added income! Each suite features their own private entry, 2 bedrooms, a full bathroom, and separate living and dining areas, all finished with carpet-free flooring, a modern kitchen with generous cabinetry, and an updated bathroom. Dedicated parking for each unit, on-site laundry, and an expansive shared backyard round out a setup designed for easy management and long term tenant appeal. Minutes to Highway 8, local transit, Zehrs, Queen Elizabeth Public School, and neighbourhood parks, this is a turn-key, centrally located multi-family asset with strong fundamentals and real upside. (id:5764)

Additional Information

Ownership
Freehold
Subdivision
311 - Downtown/Rockway/S. Ward
Parking Spaces
3
Cooling
None
Country
Canada
Sewer
Municipal sewage system
Heating
Forced air, Natural gas
Total Number Of Units
2
Stories
1.5

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Calculator source: Real Geeks