132 MERNER Avenue

Multi-family For Sale in Kitchener, Ontario

$1,049,900
  • 5 Beds
  • 3 Baths
  • 2,867 Sq. Ft.
Turn-key legal triplex with 72K+ gross annual income potential located in the desirable East Ward neighborhood of Kitchener. 132 Merner Ave features a 3 bed upper unit (vacant), lower 2 bed unit (tenanted) and rear bachelor unit (vacant). Spacious upper 3 bed unit features open living/dining room area, eat-in kitchen with pantry, updated bathroom, new paint and in-suite laundry. Lower 2 bedroom unit brand new in 2023 accessible through the separate side entrance currently rented at $2195 with A+ tenants. Unit includes 2 bedrooms, tiled shower in the bathroom, large open concept living/dining/kitchen area, SS appliances, new rads, interconnected fire alarms and large laundry/den area. Rear bachelor unit brand new 2023 with tiled bathroom/shower, in-suite laundry, new appliances, mini split duct for heat/AC. Each unit has it's own hydro panel, in-suite laundry, sound proofing, double wide driveway and double car garage with new doors, new drainage systems and more. Prime location, condition, and opportunity! Contact listing agent for financials. (id:4069)
Address 132 MERNER Avenue
List Price $1,049,900
Property Type Multi-family
Type of Dwelling Triplex
Area Ontario
Sub-Area Kitchener
Bedrooms 5
Bathrooms 3
Floor Area 2,867 Sq. Ft.
MLS® Number 40646097
Listing Brokerage Flux Realty
Basement Area Full (Finished)
Postal Code N2H1X8
Zoning res-4
Site Influences Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Features Paved driveway

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Laurie Macfarlane

Keller Williams Home Group Realty

1-5 Edinburgh Rd. S. Guelph Ontario N1H 5N8

Mobile: (519) 803-9169

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