72 Florence Avenue,Kitchener, ON N2A2K8
Kitchener, ON N2A2K8
Description
Legal Duplex + In-Law Suite | High Upside Investment Opportunity Exceptional income property offering a legal duplex with an in-law suite, ideal for investors or multi-generational living. Currently generating strong rental income with three self-contained units, this property also features significant future development potential. The property includes. Spacious 5-bedroom, 2-washroom unit3-bedroom, 1-washroom unit Studio unit Additional highlights include a large 300 sq. ft. insulated and heated garage with separate access-perfect for storage or a home-based business-along with three driveways accommodating up to 14 vehicles, a rare find. Located just minutes from **Highway 8 and approximately 5 minutes to **Highway 401, this property offers excellent connectivity and is close to major shopping centers, amenities, and transit .Future potential includes a partially renovated basement with the possibility of a 3-bedroom, 2-washroom unit with separate entrance, as well as an unfinished second floor offering additional development opportunities. A rare opportunity combining current income, strong cash flow, and long-term upside in a high-demand Kitchener location. (id:13843)
Details
| MLS # | X13423352 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 75 |
| Listing Provided By | RE/MAX REALTY SERVICES INC. | RD CHEEMA |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 3,000 |
| Garage | 12 |
| Basement | Y |
| Story(s) | 2 |
Parking
| Parking Features | Attached Garage, Garage |
|---|---|
| Parking Total | 12 |
Taxes
| Tax Annual Amount | 7191 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Kitchener |
| Postal Code | N2A2K8 |
| Listing VS Median (in N2A2K8) | |
Price: $799,300 low | high Med: $799,300 sqft: 3,000 low | high Med: 3,000 $ / sqft: $266 low | high Med: $266 On site: 75 low | high Med: 75 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Kitchener |
| Postal Code | N2A2K8 |
| Listing VS Median (in N2A2K8) | |
Price: $799,300 low | high Med: $799,300 sqft: 3,000 low | high Med: 3,000 $ / sqft: $266 low | high Med: $266 On site: 75 low | high Med: 75 | |