55 Highland Road W Kitchener, Ontario N2H 3B7
$719,900
Discover a Duplex where the perfect fusion of style, comfort, and a lucrative income stream awaits. This property proudly yields an impressive annual rental income starting at $45,000+. Whether you're an investor or a discerning homeowner with an eye for financial growth, this property promises to elevate your portfolio. The roof, furnace & AC, water softener, coin laundry, and dishwasher were all new in 2019. The house has updated plumbing, electrical, windows, doors, soffits, and eavestroughs so you can sit back and enjoy your investment without thinking about upcoming expenses. The upper level will be vacant on May 1st, and greets you with a quaint covered porch, a newer front door, and a welcoming foyer. An ode to timeless beauty and practicality is found with original built-ins and hardwood floors, a breakfast peninsula with cork floors in the Kitchen, and a convenient slider from the dining room to the fully fenced yard. 3 bedrooms, one and a half bathrooms, and 2 parking spaces make this a very desirable upper-unit home. The lower level boasts a separate entrance, accessed from the upper unit and from the side door to the coin laundry and 1 bedroom apartment. The spacious lower offers another parking space, an eat-in kitchen, a 4-piece bathroom, a large living room, and a bedroom. Step out and embrace the great outdoors with the professionally landscaped yard hosting gorgeous trees and low-maintenance perennial gardens. The large fenced yard is exclusive to the upper unit and features a shed, a cement patio area, and a fire pit. With the 120 foot lot, there is room to garden, BBQ, play lawn darts, and enjoy your home. In this central and convenient Kitchener location, you have every imaginable amenity within steps of your front door. Close to groceries, shopping, restaurants, and schools. Located on transit, and within easy access to St. Mary's Hospital, The Iron Horse Trial, the expressway, and downtown Kitchener (id:39551)
Property Details
| MLS® Number | 40572100 |
| Property Type | Multi-family |
| Amenities Near By | Hospital, Park, Place Of Worship, Public Transit, Schools, Shopping |
| Features | Laundry- Coin Operated |
| Parking Space Total | 3 |
| Structure | Shed, Porch |
Building
| Bathroom Total | 3 |
| Bedrooms Total | 4 |
| Appliances | Water Softener |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1941 |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1863 |
| Type | Duplex |
| Utility Water | Municipal Water |
Land
| Access Type | Highway Access |
| Acreage | No |
| Fence Type | Fence |
| Land Amenities | Hospital, Park, Place Of Worship, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 120 Ft |
| Size Frontage | 40 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R2 |
https://www.realtor.ca/real-estate/26755439/55-highland-road-w-kitchener
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April 16 2024 01:38:24
Kitchener-Waterloo Association of REALTORS®
RE/MAX Solid Gold Realty (Ii) Ltd.