ON > Kitchener
Kitchener, ON N2M 2J7,7 Balmoral DR
Kitchener, ON N2M 2J7,7 Balmoral DR
Kitchener, ON N2M 2J7,7 Balmoral DR
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$949,000
Est. payment /mo
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5 Beds
3 Baths
New

7 Balmoral DR Kitchener, ON N2M 2J7

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Kenneth Yim

Kenneth Yim

+1(647) 496-2269

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

MLS Listing ID X12682304

Style 2-Storey

Bedrooms 5

Annual Tax Amount $6,661

Tax Year 2025

Property Sub-Type Triplex

Lot Depth 120.0

Lot Front 57.21

Property Description

Purpose-Built Triplex in the Belmont Village, Waterloo High Tech Hub!! This upgraded triplex in a quiet and desirable neighborhood steps from KW's high-tech community, offering exceptional income potential in a highly desirable location. Purpose-built and thoughtfully designed, the property features two spacious 2-bedroom units, each with private entrances, as well as a bright and generously sized 1-bedroom lower unit with abundant natural light. The upper and middle units also feature a walkout balcony, adding to their appeal. Each unit is separately metered for hydro, with an additional common meter and a shared laundry facility to streamline operations. 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 approximately 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 (2019), ensuring low ongoing maintenance and long-term value. Ideally located near transit, parks, hospitals, and major amenities, this triplex is VACANT and a strong income generator in a thriving and desirable neighbourhood. Don't miss this is low-risk, high-reward investment opportunity with lasting potential!

Location

Province ON

County Waterloo

Area Waterloo

Rooms

Family Room No

Basement None

Kitchen 3

Interior

Interior Features None

Heating Yes

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Private

Pool None

Roof Type Shingles

Lot Frontage 57.21

Lot Depth 120.0

Total Parking Spaces 6

Building

Building Age 51-99

Foundation Concrete

Others

ParcelsYN Yes

Listed by UPPERSIDE REAL ESTATE LIMITED

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Kenneth Yim

Kenneth Yim

Broker of Record | License ID: 9524831

+1(647) 496-2269

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7 Balmoral DR

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