Attention to investors who are looking for a Purpose-built triplex in the quiet Chicopee/Lackner Woods neighbourhood near all amenities !Very quiet mature neighbourhood and walking distance to parks. This building consists of: Two -2 bedrooms apartments and One-1 bedroom apartment. Separate hydro meters. This Purpose-built Triplex is a great way to reduce your monthly expenses with Owner Occupying one unit and leasing out the other two units or fully leasing the building for the ideal investment property. The current Owner occupies one of the two bedroom apartments and rents out the other two apartments. The financial upside is evident with current rents of $1,450 per month & $827 per month plus Hydro, showcasing significant potential for growth in rental income and market value. Additionally, the owner has had Blueprints completed for the ultimate Owner occupied investment property. These plans would include a 4 car garage with a 3 bedroom apartment in the rear of the property. Proforma attached to show the potential ! Please check out the RES-4 zoning with the City of Kitchener for a future of possibilities with this property. This property is a fantastic opportunity that investors should not pass up. Property being sold " AS IS , WHERE IS' .More details
Discover a prime investment opportunity in Victoria Hills with this all-brick, purpose-built Triplex. Nestled close to downtown Kitchener, this property enjoys proximity to Grand River Hospital, Victoria Park, city trails, and various shopping destinations, ensuring it is always in high demand. This Triplex consists of spacious apartments—two 3-bedroom units and one 2-bedroom unit. Each featuring private balconies and ample living spaces that promise comfort and convenience for tenants.
The lot is beautifully landscaped, enhancing the curb appeal and overall desirability of the property. With separate hydro meters for each unit and four dedicated parking spaces, operational ease is maximized. The financial upside is evident with current rents of $865, $966, and $2,100, showcasing significant potential for growth in rental income and market value. Proforma attached to show the potential ! Additionally, the owner has had Blueprints completed for an additional 2 apartments at the rear of this property. Please check out the RES-6 zoning with the City of Kitchener for a future of possibilities with this property !These opportunities could provide substantial income and growth for generations to come. Seize this unique opportunity to expand your portfolio in a key location! Property being sold " As Is " Where is".More details
Welcome to this newly updated home that includes an ADDITIONAL DWELLING UNIT with over 2000 sqft of living space! The main floor features a recently updated kitchen - countertop, backsplash & dishwasher, (2025), stainless steel appliances, and plenty of natural light with a walk-out to the private backyard. Upstairs, you'll find 4 bedrooms, including a primary suite with a 3-piece ensuite bathroom and a walk-in closet. The extra-large fourth bedroom could also serve as a second living space if needed. Another bonus on this level is the laundry! The second unit in the basement was just finished in 2025! This one-bedroom unit is a perfect MORTGAGE HELPER and features stainless steel appliances and in-suite laundry! Outside, there's plenty of parking and a new concrete path leading to the separate entrance for the basement. In the backyard you'll find a new concrete patio (2024) and loads of privacy - backing onto Breslau Memorial park makes this home feel like the backyard is endless! This home is conveniently located close to schools, parks, playground and just a short drive to Kitchener, Cambridge & Guelph! Call today to book your private viewing or check out one of our upcoming open houses!More details