118 Strange Street, Kitchener, Ontario N2G 1R3

Listed for:
$859,000
7 beds
3 baths
Listed 7 days ago
Triplex for rent: 118 Strange Street, Kitchener, Ontario N2G 1R3

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About

GLASGOW An exceptional opportunity to own a totally renovated, owner-occupied triplex offering excellent income potential and the added benefit of living in one unit while generating rental income from the others. This well-maintained property features an extensive list of upgrades and improvements throughout the years. Energy-efficient enhancements include R40 attic insulation, a solar thermal hot water booster system, a 4.3 kW solar photovoltaic system with a MicroFIT contract in place until May 2031, and a new SolarEdge 5 kW inverter installed in 2021. Additional improvements include spray foam insulation on basement walls and headers, an anti-scale water system, a complete Daikin HVAC system installed in 2021 with a 12-year warranty, and a new roof installed in 2021 with a 20-year warranty. The kitchens have been updated, including a new IKEA kitchen with four appliances in 2016 and an updated kitchen with three appliances in the upper apartment in 2022. The main-floor bathroom and entry were renovated in 2023, with a new Bosch dishwasher also installed. Other upgrades include triple-pane windows in the living and dining rooms, a new deck with glass panel railings, main-floor laundry with washer and dryer, an office cabinet and drawer system, a new basement apartment washer, and a Napoleon gas fireplace insert installed in 2024. Six First Alert smoke and carbon monoxide detectors with 10-year lithium power cells were installed throughout the property in 2026. With significant improvements, energy-efficient features, and excellent income potential, this versatile triplex is an ideal opportunity for investors or buyers looking to offset their living expenses while building long-term real estate value. (id:27476)

Property Highlights

MLS® Number
40870094
Type
Multi-family
Ownership Type
Freehold
Land Size
0.267 ac|under 1/2 acre
Parking Space Total
4

Building

Building Type
Triplex
Storeys
2.00
Square Footage
2829 sqft
Bathrooms Total
3
Bedrooms Total
7
Amenities
Hospital, Park, Place of Worship, Public Transit
Exterior Finish
Brick
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:
RE/MAX TWIN CITY REALTY INC.
MLS® number:
40870094
Agent:
Richard G. Steinmann
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