Overview
- Updated On:
- June 13, 2025
- 8 Bedrooms
- 3 Bathrooms
- 2,174 ft2
Description
Discover a prime investment opportunity in Victoria Hills with this all-brick, purpose-built Triplex. Nestled close to downtown Kitchener, this property enjoys proximity to Grand River Hospital, Victoria Park, city trails, and various shopping destinations, ensuring it is always in high demand. This Triplex consists of spacious apartments—two 3-bedroom units and one 2-bedroom unit. Each featuring private balconies and ample living spaces that promise comfort and convenience for tenants. The lot is beautifully landscaped, enhancing the curb appeal and overall desirability of the property. With separate hydro meters for each unit and four dedicated parking spaces, operational ease is maximized. The financial upside is evident with current rents of $865, $966, and $2,100, showcasing significant potential for growth in rental income and market value. Proforma attached to show the potential ! Additionally, the owner has had Blueprints completed for an additional 2 apartments at the rear of this property. Please check out the RES-6 zoning with the City of Kitchener for a future of possibilities with this property !These opportunities could provide substantial income and growth for generations to come. Seize this unique opportunity to expand your portfolio in a key location!
Property being sold ” As Is ” Where is”.
- Principal and Interest
- Property Tax
- HOA fee
