127 Strathcona Crescent, Kitchener, Ontario N2B 2W8

Listed for:
$799,900
5 beds
3 baths
Listed 5 days ago
Duplex for rent: 127 Strathcona Crescent, Kitchener, Ontario N2B 2W8

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About

Lorraine to Carson to Strathcona Attention investors and savvy buyers! This fully renovated legal duplex offers a rare opportunity to generate strong rental income while owning a well-maintained, turnkey property. Thoughtfully converted and updated between 2017-2020, this versatile home provides two self-contained living spaces, making it an ideal addition to any investment portfolio. The upper unit features 3 spacious bedrooms, an updated full bathroom with double vanity, bright living and dining areas, a renovated kitchen, and access to an elevated deck. The upper level is currently generating $2,600/month in rental income, providing immediate cash flow. The lower unit offers an attractive open-concept layout with a modern kitchen, spacious living area with gas fireplace, 2 bedrooms, and 2 full bathrooms including a private ensuite. Heated floors throughout most of the lower level add premium comfort and appeal for tenants. Outside, the property offers excellent curb appeal with a brick and vinyl exterior, double-wide driveway, and oversized double garage with two separate garage doors, inside entry, and convenient backyard access. A natural gas BBQ hookup and private outdoor spaces further enhance the property's appeal. Major capital improvements include the roof (approx. 2020), exterior updates (2020/2021), garage doors (2017), driveway (approx. 5 years ago), furnace and air conditioning (2017), owned on-demand water heater, and owned water softener. Built in 1967, the home has been extensively modernized while maintaining its solid construction. With approximately 5 bedrooms, 3 full bathrooms, separate living spaces, ample parking, and strong income potential, this legal duplex presents an outstanding opportunity for investors, multi-generational families, or owner-occupants looking to offset mortgage costs with rental income. (id:27476)

Property Highlights

MLS® Number
40840981
Type
Multi-family
Ownership Type
Freehold
Land Size
under 1/2 acre
Parking Space Total
4

Building

Building Type
Duplex
Storeys
1.00
Square Footage
2365 sqft
Bathrooms Total
3
Bedrooms Total
5
Amenities
Park, Place of Worship, Playground, Schools, Shopping
Exterior Finish
Brick Veneer, Wood
Fireplace Present
No
Basement Type
Full (Finished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
MCINTYRE REAL ESTATE SERVICES INC.
MLS® number:
40840981
Agent:
Brad Enns
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