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Home ON Kitchener - Cambridge - Waterloo Kitchener Idlewood
74 CARNABY Crescent
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74 CARNABY Crescent $1,200,000
$1,200,000
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74 CARNABY Crescent
Kitchener, Ontario N2A1M7

MLS® Number: 40705351
5
Bedrooms
3
Bathrooms
1856
Square Feet

Listing Description

Attention to investors who are looking for a Purpose-built triplex in the quiet Chicopee/Lackner Woods neighbourhood near all amenities !Very quiet mature neighbourhood and walking distance to parks. This building consists of: Two -2 bedrooms apartments and One-1 bedroom apartment. Separate hydro meters. This Purpose-built Triplex is a great way to reduce your monthly expenses with Owner Occupying one unit and leasing out the other two units or fully leasing the building for the ideal investment property. The current Owner occupies one of the two bedroom apartments and rents out the other two apartments. The financial upside is evident with current rents of $1,450 per month & $827 per month plus Hydro, showcasing significant potential for growth in rental income and market value. Additionally, the owner has had Blueprints completed for the ultimate Owner occupied investment property. These plans would include a 4 car garage with a 3 bedroom apartment in the rear of the property. Proforma attached to show the potential ! Please check out the RES-4 zoning with the City of Kitchener for a future of possibilities with this property. This property is a fantastic opportunity that investors should not pass up. Property being sold AS IS , WHERE IS' . (68732445)

Location Description

GPS

Property Summary

Property Type
Multi-family
Building Type
Triplex
Storeys
3
Square Footage
1856 sqft
Subdivision Name
232 - Idlewood/Lackner Woods
Title
Freehold
Land Size
under 1/2 acre
Built in
1968
Annual Property Taxes
$5,104
Total Parking Spaces
10
Time on REALTOR.ca
8 days
Moving in? Get Covered with Home Insurance.

Building

Bathrooms
Total
3
Interior Features
Basement Type
Full (Finished)
Building Features
Foundation Type
Poured Concrete
Rental Equipment
Water Heater
Total Units
4
Heating & Cooling
Heating Type
(Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Community Features
School Bus
Amenities Nearby
Airport, Hospital, Park, Place of Worship, Public Transit, Shopping
Parking
Total Parking Spaces
10

Measurements

Square Footage
1856 sqft
Above Grade Finished
1856 sqft
Source: Other

Land

Lot Features
Frontage
53 ft
Land Depth
150 ft
Other Property Information
Access
Highway access
Zoning Description
RES-4
Data provided by: Cornerstone - Waterloo Region 540 Riverbend Drive, Kitchener, Ontario N2K 3S2

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