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$799,000

Est. payment - /mo

5 Beds

3 Baths

Active Under Contract

228 Connaught ST Kitchener, ON N2C 1B3

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Kenneth Yim

ken@broadviewavenue.ca +1(647) 496-2269

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active Under Contract

Purchase Type For Sale

Approx. Sqft 1500-2000

MLS Listing ID X12657504

Style 2-Storey

Bedrooms 5

Annual Tax Amount $5,117

Tax Year 2025

Property Sub-Type Triplex

Lot Depth 66.0

Lot Front 94.0

Property Description

Investment Property - a great opportunity to purchase a purpose built triplex conveniently located in a quiet residential neighbourhood, close to Hwy 7/8 and Fairway Rd S in Kitchener. Opportunities like this do not come along too often - this property comprises of 3 seperate units. The main floor unit (currently tenanted) has 2 bedrooms, a 4 pce bathroom and a good size living room and kitchen. The second floor unit (currently tenanted) has the same floor plan as the main. The lower unit has a seperate entrance and is currently vacant allowing the landlord to choose their own tenant and set the monthly rent rate that they choose. The lower unit is a 1 bedroom with a 4 pce bathroom, living room and kitchen. On the lower level you will also find the shared laundry room, storage area and a utililty room. The building has adequate tenant parking on a paved driveway and sits on a nice corner lot at the corner of Connaught St & Fourth Ave. There is also an additional 33' x 66' severed building lot on the west side of the driveway which the seller will give the buyers of the triplex first right of refusal on. The lot has planning permission to build a 1940sq ft 3 level home - plans available for this build. Asking price for the lot is $399,000 in addition to the asking price for the triplex.

Location

Province ON

County Waterloo

Area Waterloo

Rooms

Family Room No

Basement Finished, Full

Kitchen 3

Separate Den/Office 1

Interior

Interior Features Separate Hydro Meter, Water Meter

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Private Double

Pool None

Roof Type Asphalt Shingle

Lot Frontage 94.0

Lot Depth 66.0

Total Parking Spaces 4

Building

Unit Features Golf,Park,Place Of Worship,School,Skiing

Foundation Block

Others

Security Features Smoke Detector

ParcelsYN No

Virtual Tour https://listings.webbify.ca/228-Connaught-St-Kitchener-ON-N2C-1B3-Canada?mls=

Listed by Keller Williams Home Group Realty

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Kenneth Yim

Broker of Record | License ID: 9524831

+1(647) 496-2269

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