228 CONNAUGHT STREET, Kitchener, Ontario N2C1B3

228 CONNAUGHT STREET
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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.

Property Specifications

Comprehensive breakdown of features and details.

Interior Details

AppliancesRefrigerator, Water meter, Stove, Dryer
BasementFinished, Full
Bathrooms Total3
Bedrooms Total5
CoolingNone
HeatingForced air, Natural gas

Building & Exterior

Building FeaturesSeparate Electricity Meters
Exterior FeaturesBrick
Foundation DetailsBlock
Parking FeaturesNo Garage
Stories2.0

Land & Location

Frontage Length94.0 feet
Lot Size Dimensions94 x 66 FT

Listing & Financials

Listing OfficeKeller Williams Home Group Realty
Originating System NameOnePoint Association of REALTORS®

Other Specifications

CountryCanada
Parking Total4
Security FeaturesSmoke Detectors

For Sale

$799,000

228 CONNAUGHT STREET, Kitchener, Ontario N2C1B3

Beds

5

Baths

3

Living Area

-

Lot Size

-

Property Type

Triplex

Year Built

-

Listing IDX12657504

Location & Map

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