74 Carnaby Crescent Active Save Request In-Person Tour Request Virtual Tour
Kitchener,ON N2A 1M7
Key Details
Property Type Multi-Family
Sub Type Multi-3 Unit
Listing Status Active
Purchase Type For Sale
Square Footage 1,856 sqft
Price per Sqft $565
MLS Listing ID 40705351
Bedrooms 5
Abv Grd Liv Area 1,856
Year Built 1968
Annual Tax Amount $5,104
Property Sub-Type Multi-3 Unit
Source Waterloo Region
Property Description
Attention to investors who are looking for a Purpose-built triplex in the quiet Chicopee/Lackner Woods neighbourhood near all amenities !Very quiet mature neighbourhood and walking distance to parks. This building consists of: Two -2 bedrooms apartments and One-1 bedroom apartment. Separate hydro meters. This Purpose-built Triplex is a great way to reduce your monthly expenses with Owner Occupying one unit and leasing out the other two units or fully leasing the building for the ideal investment property. The current Owner occupies one of the two bedroom apartments and rents out the other two apartments. The financial upside is evident with current rents of $1,450 per month & $827 per month plus Hydro, showcasing significant potential for growth in rental income and market value. Additionally, the owner has had Blueprints completed for the ultimate Owner occupied investment property. These plans would include a 4 car garage with a 3 bedroom apartment in the rear of the property. Proforma attached to show the potential ! Please check out the RES-4 zoning with the City of Kitchener for a future of possibilities with this property. This property is a fantastic opportunity that investors should not pass up. Property being sold " AS IS , WHERE IS' .
Location
Province ON
County Waterloo
Area 2 - Kitchener East
Zoning RES-4
Direction River to Holborn to Carnaby
Rooms
Basement Full,Finished
Kitchen 0
Interior
Interior Features Separate Heating Controls,Separate Hydro Meters
Heating Natural Gas
Cooling Other
Fireplace No
Appliance Dryer,Refrigerator,Stove,Washer
Laundry Common Area
Exterior
Roof Type Asphalt Shing
Lot Frontage 53.0
Lot Depth 150.0
Garage No
Building
Lot Description Rectangular,Airport,Highway Access,Hospital,Park,Place of Worship,Public Parking,Public Transit,Regional Mall,School Bus Route,Shopping Nearby
Faces River to Holborn to Carnaby
Story 3
Foundation Poured Concrete
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick
New Construction No
Others
Senior Community No
Tax ID 225510059
Ownership Freehold/None