Kitchener, ON N2C1B3 228 CONNAUGHT STREET
$799,000



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Presented By: Keller Williams Home Group Realty
Home Details
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. (id:7434)
Presented By: Keller Williams Home Group Realty
Interior Features for 228 CONNAUGHT STREET
Bedrooms
Bedrooms4+1
Other Interior Features
Basement DevelopmentFinished
Basement TypeFull (Finished)
Building Fireplace PresentFalse
Building Heating FuelNatural gas
Building Heating TypeOther
Living Area Range1500 - 2000
General for 228 CONNAUGHT STREET
AmenitiesGolf Nearby, Park, Place of Worship, Schools, Ski area
Building AmenitiesSeparate Electricity Meters
Building AppliancesWater meter, Stove, Refrigerator
Building TypeTriplex
Building.StoriesTotal2
Foundation TypeBlock
Location DescriptionConnaught & Fourth
Parking Space Total6
Property TypeMulti-family
Zoning DescriptionR3
Exterior for 228 CONNAUGHT STREET
Acreageunder 1/2 acre
Exterior FinishBrick
Land Amenities Golf Nearby, Park, Place of Worship, Schools, Ski area
SewerSanitary sewer
Additional Details

Paul Dojcinovic
TEAM LEADER, REALTOR® at eXp Realty