$799,000
Available - For Sale
Listing ID: X12273907
228 Connaught Stre , Kitchener, N2C 1B3, Waterloo


Investment Property - a great opportunity to purchase a purpose built triplex conveniently located in a quiet residential neighbourhood, close to Hwy 7/8 and Fairway Rd S in Kitchener. Opportunities like this do not come along too often - this property comprises of 3 seperate units. The main floor unit (currently tenanted) has 2 bedrooms, a 4 pce bathroom and a good size living room and kitchen. The second floor unit (currently tenanted) has the same floor plan as the main. The lower unit has a seperate entrance and is currently vacant allowing the landlord to choose their own tenant and set the monthly rent rate that they choose. The lower unit is a 1 bedroom with a 4 pce bathroom, living room and kitchen. On the lower level you will also find the shared laundry room, storage area and a utililty room. The building has adequate tenant parking on a paved driveway and sits on a nice corner lot at the corner of Connaught St & Fourth Ave. There is also an additional 33' x 66' severed building lot on the west side of the driveway which the seller will give the buyers of the triplex first right of refusal on. The lot has planning permission to build a 1940sq ft 3 level home - plans available for this build. Asking price for the lot is $399,000 in addition to the asking price for the triplex.
Price $799,000
Taxes: $5117.00
Assessment Year: 2025
Occupancy: Tenant
Address: 228 Connaught Stre , Kitchener, N2C 1B3, Waterloo
Acreage: < .50
Directions/Cross Streets: Connaught & Fourth
Rooms: 10
Rooms +: 6
Bedrooms: 4
Bedrooms +: 1
Family Room: F
Basement: Finished, Full
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Bathroom 8 4.89 4 Pc Bath
Room 2 Main Bedroom 11.32 9.94
Room 3 Main Primary B 11.38 9.87
Room 4 Main Living Ro 23.32 11.41
Room 5 Main Kitchen 13.05 9.28
Room 6 Second Bathroom 7.9 4.89 4 Pc Bath
Room 7 Second Primary B 11.38 9.84
Room 8 Second Bedroom 11.45 9.87
Room 9 Second Living Ro 23.19 11.32
Room 10 Second Kitchen 12.99 9.22
Room 11 Basement Bathroom 8.53 4.92 4 Pc Bath
Room 12 Basement Bedroom 12.07 9.51
Room 13 Basement Living Ro 22.7 11.15
Room 14 Basement Kitchen 12.04 9.12
Room 15 Basement Utility R 10.27 13.28
Washroom Type No. of Pieces Level
Washroom Type 1 4 Main
Washroom Type 2 4 Second
Washroom Type 3 4 Basement
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Property Type: Triplex
Style: 2-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Private Do
Drive Parking Spaces: 6
Park #1
Parking Type: Private Do
Park #2
Parking Type: Private Do
Pool: None
Approximatly Square Footage: 1500-2000
Property Features: Golf, Park
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Other
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Keller Williams Home Group Realty
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At a Glance:
Type: Freehold - Triplex
Area: Waterloo
Municipality: Kitchener
Neighbourhood: Dufferin Grove
Style: 2-Storey
Lot Size: x 132.00(Feet)
Approximate Age:
Tax: $5,117
Maintenance Fee: $0
Beds: 4+1
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
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