253 Sydney Street S, Kitchener, Ontario N2G 3V8

Listed for:
$775,000
5 beds
3 baths
Listed 28 days ago
Duplex for rent: 253 Sydney Street S, Kitchener, Ontario N2G 3V8

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About

Courtland Ave to Sydney St THE UNICORN! Purpose Built Duplex With Accessory/In-Law Suite! 100% VACANT POSSESSION ON CLOSING! Stop fighting old leases and inherited tenants. 253 Sydney St S is a solid brick, purpose-built Legal Duplex + finished basement accessory suite offering the ultimate "Blank Slate" in Kitchener's desirable Rockway neighborhood. THE OPPORTUNITY: Set your own market rents from Day 1. Perfect for Investors, House-Hackers, or Multi-Generational families. UNIT BREAKDOWN: MAIN UNIT: Vacant. 2-Bed, 1-Bath or 3-Bed. 2-Bath (with in-law suite together). Features backyard access, in-suite with laundry, and a 1-car garage. UPPER UNIT: Vacant. 2-Bed, 1-Bath. Features in-suite laundry and dedicated carport parking. LOWER LEVEL: 1-Bed, 1-Bath accessory suite with laundry. Ideal for extended family or mortgage helper. THE STRATEGY: INVESTORS: Run your own tenant selection and maximize your Cap Rate immediately. Enjoy value add potential with the existing in-law suite to a legal triplex conversion. HOUSE-HACKERS: Live in one unit and let the other two pay your mortgage! MULTI-GENERATIONAL: Separate kitchens, separate laundry, and separate entrances-keep the family close with total privacy. THE LOCATION: Commuter's dream. Seconds to Hwy 7/8 Expressway, the LRT, Rockway Golf Course, and Downtown Kitchener's Tech Hub. MECHANICS: Separately metered Hydro between Upper and the Main/Lower units. Gas/Water shared on single meter. Purpose-built multi-unit properties with FULL VACANT POSSESSION premium assets are incredibly rare. Why wait for the next opportunity while the unicorn is right here! Request the Proforma and book your showing today! (id:27476)

Property Highlights

MLS® Number
X12846268
Type
Multi-family
Land Size
47.8 x 99.5 FT
Parking Space Total
2

Building

Building Type
Duplex
Storeys
2.00
Square Footage
1100 - 1500 sqft
Bathrooms Total
3
Bedrooms Above Ground
4
Bedrooms Total
5
Amenities
Separate Electricity Meters Golf Nearby, Park, Place of Worship, Public Transit, Schools
Exterior Finish
Brick
Fireplace Present
Yes
Basement Type
Full, N/A (Finished), N/A
Basement Features
Separate entrance
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Room Layout

Bedroom
Second level
2.3 m x 3.07 m
Living room
Second level
3.32 m x 4.15 m
Bathroom
Second level
1.5 m x 2.52 m
Kitchen
Second level
2.68 m x 2.53 m
Bedroom 2
Second level
2.36 m x 2.54 m
Kitchen
Basement
2.32 m x 3.16 m
Bathroom
Basement
0.83 m x 2.03 m
Bedroom
Basement
2.59 m x 3.35 m
Living room
Basement
3.3 m x 4.12 m
Bedroom
Basement
2.59 m x 3.35 m
Kitchen
Main level
2.52 m x 3.46 m
Bedroom 2
Main level
3.07 m x 2.27 m
Bathroom
Main level
2.56 m x 1.51 m
Living room
Main level
4.13 m x 3.3 m
Bedroom
Main level
3.61 m x 3.16 m

Location

Learn more about this property
Listing provided by:
EXP REALTY
MLS® number:
X12846268
Agent:
Nathan Loganathan
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