Overview
- Updated On:
- August 30, 2024
- 4 Bedrooms
- 2 Bathrooms
- 1,014 ft2
Description
Prime Investment Opportunity: Purpose-Built Duplex at 16 Lemonbalm St, Kitchener
Discover this well-maintained duplex, purpose-built in 2003, offering two fully independent units. The upper unit provides 1,014 sq. ft. with two bedrooms and one bathroom, while the lower unit is 654 sq. ft. with two bedrooms, one bathroom, and large egress windows that provide safety for occupants and flood the space with natural light.
Each unit has its own gas and electricity meters, with separate 100-amp electrical panels and hot water heaters. Shared laundry facilities add convenience without compromising privacy.
The attached garage, currently assigned to the upper tenant, includes a 10×10 mezzanine for additional storage. The property offers a total of four parking spaces: three in the driveway and one in the garage, ensuring ample parking for both units. Enjoy the backyard space, perfect for outdoor relaxation and the 2018 roof adds peace of mind.
Location is Key! This duplex is perfect for tenants looking for convenience and accessibility. With proximity to Williamsburg Town Centre, Sunrise Shopping Centre, Huron Natural Area Trails, local parks, schools, and easy access to HWY 7/8, everything they need is just minutes away.
Whether you’re looking to expand your investment portfolio or live in one unit while renting out the other, this duplex offers endless possibilities. Don’t miss out on this rare find in Kitchener!
- Principal and Interest
- Property Tax
- HOA fee
