124 Church Street, Kitchener, ON N2G 2S4

$899,999
8
BD
5
BA
2,000
SqFt

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List Price
$899,999
MLS#
X12842994
Status
ACTIVE
Type
Multifamily
SubType
Duplex
Style
2 1/2 Storey
Bedrooms
8
Bathrooms
5
Living Area
2000-2500
Province
ON
Municipality
Kitchener
Area
Waterloo
Subdivision
Church St & Cedar St

Property Description

Welcome to this fully renovated Duplex in vibrant downtown Kitchener - a rare cash-flow positive property offering immediate returns and long-term growth. This 2%-storey home features 8 spacious bedrooms and 5 modern bathrooms, divided into two self-contained units, each with its own private entrance for maximum privacy and flexibility. Both units include its own full kitchen and in-suite laundry, making them highly desirable for tenants or multi-generational living. With $5,000 in monthly rental income, this property is cash flow positive, making it a smart addition to any investment portfolio. Utilities are efficient and convenient withseparately metered hydro, plus 2 owned furnaces and 2 owned air conditioners. Enjoy outdoorliving with a private balcony and a fully fenced backyard, perfect for relaxing orentertaining. Located just steps to public transit and within close proximity to major universities and amenities, quick access to major highways, hospital, parks, etc. this propertyoffers unbeatable convenience in a high-demand rental area. Whether you're an investor seekingstrong returns or a family looking to live in one unit while renting the other to supplement your mortgage, this turnkey duplex checks all the boxes. Don't miss this rare downtown opportunity!

Additional Information

Taxes
$2,431
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Family Room
Yes
Kitchens
2
Exterior
Brick, Stucco (Plaster)
Garage Type
None
Pool
None
Parking Type
Private

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of RE/MAX EXPERTS.