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Ryan Schinker

ryan@soldbyschinker.com +1(519) 807-8485

$ 699,900

Est. payment | -/mo

4 Beds

3 Baths

1,475 SqFt

Save

$ 699,900

Est. payment | -/mo

Save

4 Beds

3 Baths

1,475 SqFt

OPEN HOUSE

Sat Jun 07, 2:00pm - 4:00pm

Sun Jun 08, 2:00am - 4:00pm

Key Details

Property Type Multi-Family

Sub Type Duplex Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 1,475 sqft

Price per Sqft $474

MLS Listing ID 40731155

Bedrooms 4

Abv Grd Liv Area 2,130

Year Built 1913

Annual Tax Amount $4,137

Property Sub-Type Duplex Up/Down

Source Waterloo Region

Property Description

Wondering how to get onto the property ladder? This beautifully updated and VACANT duplex in the heart of Kitchener is the answer! Rent one unit while living in the other and start building equity. Great opportunity for investors, a cash flowing property with two very desirable rental units located just steps from Victoria Park and walking distance to downtown and access to transit. 52 Henry Street offers modern charm, strong rental potential, and flexibility for investors or owner-occupants alike. Unit One spans the main and lower levels and features a spacious main-floor bedroom with a second bedroom/office below grade. The full bathroom was updated in 2021 and there is a half bathroom below grade. The kitchen was renovated in 2021 and includes a dishwasher and ample counter space. Unit 2, the upper level, includes 2 bright bedrooms, one with a skylight, and a full bathroom. Both units have private laundry and access to a large, shared backyard perfect for sitting around the fire. With 3 parking spots, separate entrances, and estimated monthly rents of apx $2,200 (Unit one) and apx $1,900 (Unit two), this turnkey property offering a potential cap rate of 5.3% is a rare opportunity in a great location.

Location

State ON

County Waterloo

Area 3 - Kitchener West

Zoning RES-4

Direction From Victoria Street turn onto Henry Street

Rooms

Other Rooms Shed(s)

Basement Full, Finished

Kitchen 0

Interior

Interior Features None

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Appliance Dishwasher, Dryer, Refrigerator, Stove, Washer

Laundry In-Suite

Exterior

Parking Features Asphalt

Fence Full

Roof Type Asphalt Shing

Porch Patio, Porch

Lot Frontage 39.0

Lot Depth 96.0

Garage No

Building

Lot Description Rectangular, City Lot, Hospital, Library, Park, Place of Worship, Public Transit, Schools

Faces From Victoria Street turn onto Henry Street

Story 3

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 3

Structure Type Vinyl Siding

New Construction No

Others

Senior Community false

Tax ID 224290014

Ownership Freehold/None

Listed by TrilliumWest Real Estate Brokerage

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Phone

+1(519) 807-8485

ryan@soldbyschinker.com

52 Henry Street Kitchener, ON N2G 1P3