7 Balmoral Drive, Kitchener, Ontario N2M 2J7

Listed for:
$899,500
5 beds
3 baths
Listed 15 days ago
Triplex for rent: 7 Balmoral Drive, Kitchener, Ontario N2M 2J7

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About

Balmoral Drive and Brandon Ave Fantastic opportunity to own a FULLY VACANT PURPOSE-BUILT TRIPLEX! in desirable Belmont Village, steps from Catalyst HIGH TECH HUB, offering both immediate flexibility and strong income potential. This well-maintained property features three Bright & SPACIOUS units, including two upper 2bdrm units and a basement 1bdrm unit where owner is starting renovations to convert it to a 2-bedroom layout - creating even greater future rental possibilities!Large windows fill each unit with natural light, while practical layouts create homes that feel open, comfortable and highly functional for everyday living, The upper and middle units also feature a WALK OUT BALCONY. Each unit is separately metered for hydro. 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 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 (2020), ensuring low ongoing maintenance and long-term value. There's also coin operated laundry, offering an additional revenue stream. GENEROUS LOT SIZE allowing potential of adding a 4th unit.The property is conveniently located near schools, parks, shopping, hospital ,public transit and major commuter routes, making it highly appealing for both tenants and homeowners. Whether you're an investor or looking for a multi-unit property with flexibility and long-term potential, this is a great opportunity in a high-demand rental area close to transit, amenities, and everyday conveniences.With all units vacant, buyers have the rare advantage of setting their own rents and selecting tenants, or even occupying one unit while generating income from the others. (id:27476)

Property Highlights

MLS® Number
X13054438
Type
Multi-family
Land Size
57.2 x 120 FT|under 1/2 acre
Parking Space Total
6

Building

Building Type
Triplex
Storeys
2.00
Square Footage
2000 - 2500 sqft
Bathrooms Total
3
Bedrooms Above Ground
5
Bedrooms Total
5
Exterior Finish
Brick
Fireplace Present
No
Basement Type
None
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Room Layout

Living room
Second level
3.57 m x 3.94 m
Dining room
Second level
3.57 m x 3.94 m
Primary Bedroom
Second level
3.4 m x 3.1 m
Bedroom 2
Second level
3.25 m x 3.1 m
Living room
Lower level
6.4 m x 3.3 m
Bedroom
Lower level
3.3 m x 3.28 m
Kitchen
Lower level
6.4 m x 3.3 m
Living room
Main level
3.57 m x 3.94 m
Dining room
Main level
3.57 m x 3.94 m
Kitchen
Main level
3.63 m x 2.44 m
Primary Bedroom
Main level
3.4 m x 3.1 m
Bedroom
Main level
3.25 m x 3.1 m

Location

Learn more about this property
Listing provided by:
UPPERSIDE REAL ESTATE LIMITED
MLS® number:
X13054438
Agent:
Sana Kasim
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