58 Brandon Avenue
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This Triplex Building presents an exceptional investment opportunity, offering 3 fully functional units, each with separate entrances and individual access. With vacant possession, the new owner […]
Description
This Triplex Building presents an exceptional investment opportunity, offering 3 fully functional units, each with separate entrances and individual access. With vacant possession, the new owner has the flexibility to either lease the units for long-term rentals at the market rate or continue the highly successful AIRBNB operation established by the current owner. The property comes fully furnished and includes all supplies, making it incredibly easy for a new owner to seamlessly maintain the current AIRBNB model. The Triplex consists of 3 large units: Two 2-bedroom, 1-bathroom units, and One 1-bedroom, 1-bathroom unit. The building also features shared, coin-operated laundry facilities that generate additional income. Ample parking is available for both tenants and guests, adding convenience to the property’s appeal. Located in a prime area near Belmont Village and downtown Kitchener, this property offers easy access to public transportation, including bus and LRT services, as well as proximity to the hospital, schools and shopping centres. With its unbeatable location and potential for continued success, this is a unique opportunity that you won’t want to miss. This property is a must-see to fully appreciate its potential—don’t let this once-in-a-lifetime investment slip away.
Listing Details
| Price: | $$1,359,900 |
|---|---|
| Address: | 58 Brandon Avenue |
| City: | Kitchener |
| State: | Ontario |
| Zip Code: | N2M 2J3 |
| MLS: | 40704894 |
| Square Feet: | 3,000 |
| Bedrooms: | 5 |
| roof: | Asphalt Shing |
|---|---|
| sewer: | Sewer (Municipal) |
| ageTank: | 2011/2014/2025 |
| cooling: | None |
| country: | CA |
| heating: | Forced Air, Natural Gas |
| basement: | Separate Entrance, Walk-Out Access, Walk-Up Access, Other, Full, Finished |
| expenses: | Estimated |
| garageYN: | yes |
| lotDepth: | 120 |
| carportYN: | no |
| coolingYN: | no |
| dockingYN: | no |
| feedTypes: | IDX |
| heatingYN: | yes |
| mlsStatus: | Active |
| acresRange: | < 0.5 |
| ageFurnace: | Estimated 2010 |
| appliances: | Hot Water Tank Owned, Microwave, Refrigerator, Stove |
| directions: | Dunbar Drive to Brandon Ave. |
| inclusions: | Carbon Monoxide Detector,Garage Door Opener,Hot Water Tank Owned,Microwave,Smoke Detector,Window Coverings,3 Fridges, 3 Stoves, 1 Coin-Operated Dryer, 1 Coin-Operated Washer, 3 Microwaves, All Furniture Making It Easy To Continue The Airbnb |
| livingArea: | 2000 |
| surveyType: | None |
| ageElectric: | Copper Wiring |
| fireplaceYN: | no |
| lotFeatures: | Rectangular, City Lot, Hospital, Library, Park, Place of Worship, Playground Nearby, Public Transit, Quiet Area, Schools, Shopping Nearby, Trails |
| waterSource: | Municipal |
| currentPrice: | 1359900 |
| garageSpaces: | 2 |
| holdoverDays: | 60 |
| mlsAreaMajor: | 4 - Waterloo West |
| mlsAreaMinor: | 415 - Uptown Waterloo/Westmount |
| parkingTotal: | 8 |
| storiesTotal: | 3 |
| waterMeterYN: | yes |
| waterfrontYN: | no |
| coveredSpaces: | 2 |
| laundryIncome: | 800 |
| lotSizeSource: | GeoWarehouse |
| openParkingYN: | yes |
| commonInterest: | Freehold/None |
| frontageLength: | 55.00 |
| windowFeatures: | Window Coverings |
| drivewayParking: | Private Drive Triple+ Wide |
| laundryFeatures: | Coin Operated, Shared |
| otherStructures: | Storage |
| parkingFeatures: | Attached Garage, Garage Door Opener, Asphalt |
| taxAnnualAmount: | 6351.41 |
| transactionType: | Sale |
| attachedGarageYN: | yes |
| exteriorFeatures: | Private Entrance, Year Round Living |
| insuranceExpense: | 3000 |
| interiorFeatures: | Auto Garage Door Remote(s), Bed & Breakfast |
| buildingAreaUnits: | Square Feet |
| farmLandAreaUnits: | Square Feet |
| foundationDetails: | Poured Concrete |
| lotSizeDimensions: | 120 x 55 |
| newConstructionYN: | no |
| openParkingSpaces: | 6 |
| propertyCondition: | 51-99 Years |
| seniorCommunityYN: | no |
| numberOfUnitsTotal: | 3 |
| leaseToOwnEquipment: | None |
| bathroomsTotalInteger: | 3 |
| constructionMaterials: | Aluminum Siding, Brick |
| patioAndPorchFeatures: | Deck |
| aboveGradeFinishedArea: | 2000 |
| belowGradeFinishedArea: | 1000 |
| associationFee2Frequency: | Monthly |
| hstApplicableToSalePrice: | Included |
| aboveGradeFinishedAreaUnits: | Square Feet |
| belowGradeFinishedAreaUnits: | Square Feet |
| ratioCurrentPriceByAboveGra: | 679.95 |
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