59 Brandon Avenue
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Attention Investors! Discover an extraordinary investment opportunity with this well-maintained R6 zoned triplex, offering potential for expansion into a multiplex (6 units of 1 bedroom each […]
Description
Attention Investors! Discover an extraordinary investment opportunity with this well-maintained R6 zoned triplex, offering potential for expansion into a multiplex (6 units of 1 bedroom each which the current owner has been doing). Each floor has 2 kitchens and 2 bathrooms, making it easy to use as 3 to 6 units (you choose)! Nestled on a quiet, mature street just steps from the vibrant Belmont Village, this property provides easy access to top-tier restaurants, shops, amenities, schools, parks, and trails, as well as being a short drive from Uptown Waterloo and Downtown Kitchener. Upgraded in 2016; kitchens, bathrooms, and appliances. Between 2022 and 2023 there were new windows installed, new roof, furnace, water heater and the doors were installed in 2020 + other updates. The property also boasts an expansive 184-foot deep lot, its the ideal location to build another building as the city approves (look at number 79 on the same street). There is significant potential for this property, it is a standout prospect for savvy investors looking to enhance their portfolio and develop a highly sought-after residential space. Don’t miss out on this exceptional opportunity!
Listing Details
Price: | $$1,049,000 |
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Address: | 59 Brandon Avenue |
City: | Kitchener |
State: | Ontario |
MLS: | 40590537 |
Square Feet: | 3,000 |
Acres: | 0.214 |
Lot Square Feet: | 0.214 acres |
Bedrooms: | 9 |
uffi: | No |
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ageTank: | 2022 |
expenses: | Actual |
garageYN: | no |
lotDepth: | 184.44 |
coolingYN: | no |
dockingYN: | no |
feedTypes: | IDX |
heatingYN: | yes |
netIncome: | 78000 |
acresRange: | < 0.5 |
ageFurnace: | 2022 |
directions: | PT LT 74 PL 852 KITCHENER AS IN 1096220; |
exclusions: | Tenant's Belongings |
highSchool: | Kitchener-Waterloo C.I., Resurrection Catholic S.S. |
surveyType: | None |
lotSizeArea: | 0.214 |
currentPrice: | 1049000 |
frontageType: | North |
holdoverDays: | 60 |
lotSizeUnits: | Acres |
lotSizeSource: | GeoWarehouse |
openParkingYN: | yes |
commonInterest: | Freehold/None |
frontageLength: | 53.09 |
windowFeatures: | Window Coverings |
drivewayParking: | Outside/Surface/Open, Private Drive Double Wide |
taxAnnualAmount: | 6060 |
transactionType: | Sale |
elementarySchool: | Westmount P.S., Macgregor P.S., Our Lady Of Lourdes |
roadFrontageType: | Public Road |
utilitiesExpense: | 4900 |
buildingAreaUnits: | Square Feet |
farmLandAreaUnits: | Square Feet |
lotSizeDimensions: | 184.44 x 53.09 |
offerInstructions: | Offers welcome anytime. |
openParkingSpaces: | 15 |
propertyCondition: | 31-50 Years |
licensedDwellingYN: | yes |
leaseToOwnEquipment: | None |
aboveGradeFinishedArea: | 2200 |
belowGradeFinishedArea: | 800 |
associationFee2Frequency: | Monthly |
hstApplicableToSalePrice: | Included |
aboveGradeFinishedAreaUnits: | Square Feet |
belowGradeFinishedAreaUnits: | Square Feet |
ratioCurrentPriceByAboveGra: | 476.81818 |
Photos
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