32 Simeon Street Kitchener, Ontario N2H 1S1
$559,000
Welcome to 32 Simeon Street — a value-add opportunity in a character-rich neighbourhood surrounded by beautifully restored century homes. This legal duplex presents strong potential for investors seeking a renovation project with upside. The property is ideal for those looking to reposition, improve rental income, and build long-term equity. With the right improvements, this asset has the potential to deliver solid returns in a desirable, established area. The existing structure offers two legal units, original hardwood flooring, generous natural light, and architectural details that add long-term appeal. Ample rear parking further enhances rental desirability and functionality. Whether your strategy is to renovate and hold, modernize for stronger market rents, or explore future redevelopment possibilities, 32 Simeon Street offers the fundamentals investors look for: legal duplex status, character appeal, and a prime location poised for continued growth. (id:43503)
Property Details
| MLS® Number | 40797114 |
| Property Type | Multi-family |
| Amenities Near By | Park, Place Of Worship, Playground, Public Transit, Schools |
| Community Features | School Bus |
| Equipment Type | Water Heater |
| Features | Paved Driveway, Shared Driveway |
| Parking Space Total | 3 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 3 |
| Bedrooms Total | 5 |
| Basement Development | Partially Finished |
| Basement Type | Full (partially Finished) |
| Exterior Finish | Brick, Vinyl Siding |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat |
| Stories Total | 3 |
| Size Interior | 1,900 Ft2 |
| Type | Duplex |
| Utility Water | Municipal Water |
Land
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Park, Place Of Worship, Playground, Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 91 Ft |
| Size Frontage | 32 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R2b |
https://www.realtor.ca/real-estate/29401081/32-simeon-street-kitchener
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