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 |
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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Type: | Freehold - Triplex |
Area: | Waterloo |
Municipality: | Kitchener |
Neighbourhood: | Dufferin Grove |
Style: | 2-Storey |
Tax: | $5,117 |
Beds: | 4+1 |
Baths: | 3 |
Fireplace: | N |
Pool: | None |