35 Belmont Avenue W Kitchener, Ontario N2M 1L2
$1,120,000
Legal duplex with opportunity to add third unit! Purpose-built new in 2023. Timeless open concept layouts in both units, outfitted with 9-foot ceilings on all three levels (including the basement)! Natural light soaks in through the large windows. Each unit features its own private deck. Designer kitchens with quartz counters. Both units have signed leases, boasting a gross annual income of $54,600. Lower unit comprises 2 beds and 1.5 baths. Upper unit comprises 2 beds, 1 bath and garage. Adventurous investors can increase the income generated from this property by adding an accessory dwelling unit. Minor variance approval has already been obtained from the City of Kitchener to build a tiny home in the backyard. Each unit is self-contained with its own furnace, air conditioning, hot water tank and thermostats. Each unit is separately metered and tenants pay their own utilities. (id:43503)
Property Details
| MLS® Number | 40544742 |
| Property Type | Multi-family |
| AmenitiesNearBy | Hospital, Park, Public Transit |
| EquipmentType | Water Heater |
| Features | Paved Driveway, Sump Pump |
| ParkingSpaceTotal | 4 |
| RentalEquipmentType | Water Heater |
| Structure | Porch |
Building
| BathroomTotal | 3 |
| BedroomsTotal | 4 |
| Appliances | Microwave Built-in |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| ConstructedDate | 2023 |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick Veneer, Vinyl Siding |
| FoundationType | Poured Concrete |
| HeatingFuel | Electric, Natural Gas |
| HeatingType | Baseboard Heaters, Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 2500 Sqft |
| Type | Duplex |
| UtilityWater | Municipal Water |
Parking
| Attached Garage |
Land
| Acreage | No |
| FenceType | Partially Fenced |
| LandAmenities | Hospital, Park, Public Transit |
| Sewer | Municipal Sewage System |
| SizeFrontage | 32 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | Res-4 |
https://www.realtor.ca/real-estate/26544840/35-belmont-avenue-w-kitchener
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June 18 2024 04:38:42
Kitchener-Waterloo Association of REALTORS®
Century 21 Heritage House Ltd.