74 Carnaby Crescent, Kitchener, Ontario

$1,025,000

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5

Beds

3

Baths

1,856

Square feet

About 74 Carnaby Crescent

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' (id:36535)

Features of 74 Carnaby Crescent

Listing # 40740804
Price $1,025,000
Bedrooms 5
Bathrooms 3.00
Square Footage 1,856
Acres 0.00
Year Built 1968
Type Multi-family
Sub-Type Freehold

Community Information

Address 74 Carnaby Crescent
Subdivision 232 - Idlewood/Lackner Woods
City Kitchener
Province Ontario
Postal Code N2A1M7

Amenities

Amenities Airport, Hospital, Park, Place of Worship, Public Transit, Shopping
Parking Spaces 10
Is Waterfront No
Has Pool No

Interior

Heating Natural gas
Fireplace No
# of Stories 3
Has Basement Yes
Basement Type Full (Finished)
Basement Development Finished

Exterior

Exterior Brick
Foundation Poured Concrete

Listing Details

OfficeCourtesy Of Ryan Moore Of KELLER WILLIAMS INNOVATION REALTY

Listing Map