228 Connaught ST new Save Request In-Person Tour Request Virtual Tour
Kitchener,ON N2C 1B3
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
MLS Listing ID X12273907
Style 2-Storey
Bedrooms 5
Annual Tax Amount $5,117
Tax Year 2024
Property Sub-Type Triplex
Lot Depth 132.0
Lot Front 66.0
Property Description
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.
Location
Province ON
County Waterloo
Area Waterloo
Rooms
Family Room No
Basement Finished,Full
Kitchen 3
Separate Den/Office 1
Interior
Interior Features Separate Hydro Meter,Water Meter
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Private Double
Pool None
Roof Type Asphalt Shingle
Lot Frontage 66.0
Lot Depth 132.0
Total Parking Spaces 6
Building
Unit Features Golf,Park,Place Of Worship,School,Skiing
Foundation Block
Others
Security Features Smoke Detector
Virtual Tour https://unbranded.youriguide.com/228_connaught_st_kitchener_on/