7 Balmoral Drive, Kitchener, Ontario N2M 2J7

Listed for:
$949,000
5 beds
1 baths
Listed 37 days ago
Multi-Family for rent: 7 Balmoral Drive, Kitchener, Ontario N2M 2J7

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About

Cross Streets: Balmoral Drive and Brandon Ave. ** Directions: Glasgrow St off of Dunbar. Purpose-Built Triplex in the Belmont Village, Waterloo High Tech Hub!! This upgraded triplex in a quiet and desirable neighborhood steps from KW's high-tech community, offering exceptional income potential in a highly desirable location. Purpose-built and thoughtfully designed, the property features two spacious 2-bedroom units, each with private entrances, as well as a bright and generously sized 1-bedroom lower unit with abundant natural light. The upper and middle units also feature a walkout balcony, adding to their appeal. Each unit is separately metered for hydro, with an additional common meter and a shared laundry facility to streamline operations. All units will be vacant on closing, providing the flexibility to set market rents and maximize returns from day one. There is also parking for approximately six vehicles, offering excellent convenience for tenants or future owners. Extra shed in the parking lot for extra storage! Recent upgrades include updated flooring, new roof shingles (2019), ensuring low ongoing maintenance and long-term value. Ideally located near transit, parks, hospitals, and major amenities, this triplex is VACANT and a strong income generator in a thriving and desirable neighbourhood. Don't miss this is low-risk, high-reward investment opportunity with lasting potential! (id:27476)

Property Highlights

MLS® Number
X12682262
Type
Multi-family
Land Size
Bldg=57.21 x 120 FT
Parking Space Total
6

Building

Building Type
Multi-Family
Square Footage
2076 sqft
Bathrooms Total
1
Bedrooms Total
5
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
UPPERSIDE REAL ESTATE LIMITED
MLS® number:
X12682262
Agent:
Sana Kasim
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