Looking for a cash flow positive property? When fully rented, this property should easily bring in over $6,500/month. Don't miss this extensively renovated property that has undergone a comprehensive transformation to cater to a diverse range of requirements. Whether you are an astute investor seeking a property with income potential, or a homeowner looking to accommodate multi-generational living arrangements, this residence surpasses expectations. The primary dwelling on the main floor and upstairs boasts a contemporary open-concept design, featuring a new kitchen (2021) equipped with quartz countertops, stainless steel appliances, and updated vinyl flooring. The thoughtful reconfiguration of the layout has yielded 4 bedrooms and 2.5 bathrooms. The basement area has been adeptly converted to a complete suite with a spacious living area, kitchen, bedroom, and a three-piece bathroom. In addition, a separate, main floor back unit — ideal for extended family — has been thoughtfully updated to include a new kitchen, bathroom, bedroom, and living area. Noteworthy is the presence of a total of three new kitchens (2021), three distinct living spaces, six bedrooms, 4.5 bathrooms, 3 sets of laundry facilities, and an impressive combined living space exceeding 2,700 square feet. The property has been legally configured as a duplex. Separate hydro meters. The exterior has been updated with new gutters, soffits, fascia and downspouts (2021). You are also within walking distance to grocery stores, restaurants, shopping, schools, and within 5 mins of HWY 8 and the 401. (id:4069)
Address |
75 WILFRED Avenue |
List Price |
$999,900 |
Property Type |
Multi-family |
Type of Dwelling |
Duplex |
Area |
Ontario |
Sub-Area |
Kitchener |
Bedrooms |
6 |
Bathrooms |
5 |
Floor Area |
2,906 Sq. Ft. |
Year Built |
1956 |
MLS® Number |
40636147 |
Listing Brokerage |
RED AND WHITE REALTY INC.
|
Basement Area |
Full (Finished) |
Postal Code |
N2A1W9 |
Zoning |
RES-2 |
Site Influences |
Golf Nearby, Park, Place of Worship, Public Transit, Schools, Shopping |
Features |
Southern exposure, Paved driveway |