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$825,000

197 SOUTHWOOD Drive, Kitchener, Ontario, N2E 2B2

MLS® # 40850212

Kitchener ON, N2E 2B2

MLS® # 40850212

Property Information:

LEGAL DUPLEX in desirable Country Hills! An outstanding opportunity for investors, those who need an in-law suite already set up for multi-generational families, or buyers looking to offset mortgage costs with rental income. Ask your lender how potential income from the second unit may help increase your buying power. This spacious detached 4-level backsplit offers TWO separate 3-bedroom, 1-full bath units, plus a single garage and private outdoor spaces. The UPPER UNIT features some newer windows (2021), a bright kitchen with garden-door walkout to a private deck, and a primary bedroom with twin closets and ensuite privilege to the 4-piece bath with newer vanity, tile and toilet. The carpet-free LOWER UNIT was created/redone in 2015 and features a beautiful kitchen with modern cabinetry and twin sink, full 4-piece bath, low-maintenance laminate flooring, upgraded lower windows, and window well with a hinged leaf cover outside providing secondary egress. Sound-barrier insulation between units adds comfort and privacy. The spacious primary bedroom includes a walk-in closet plus extra storage in the adjoining cold room. A basement WALKOUT with garden doors leads to a large patio and private, fully fenced backyard—ideal for kids and pets. A shed offers extra storage options. Additional features include 200-amp service in the garage, a 100-amp lower-level panel, new AC 2024, and newer garage door opener (2021). Enjoy a convenient Country Hills location close to schools, parks, community amenities, shopping, public transit and major commuter routes, with easy access throughout Kitchener-Waterloo and toward Highway 401. A versatile property offering space, income potential and long-term flexibility. Fully vacant and ready to rent. Improve your investment portfolio or get your start on the property ladder…book your showing today! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Duplex
  • Basement Development: Finished
  • Basement Type: Full
  • Exterior Finish: Aluminum siding, Brick
  • Floor Space: 1735 sqft
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Water softener, Window Coverings

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 6
  • Bathrooms: 2
  • Access Type: Road access
  • Amenities Nearby: Airport, Golf Nearby, Public Transit, Schools
  • Built in: 1984
  • Community Features: Community Centre
  • Features: Paved driveway
  • Fence Type: Fence
  • Floor Space (approx): 1735 Square Feet
  • Irregular: Yes
  • Lot Depth: 150 Feet
  • Lot Frontage: 50 Feet
  • Lot Size: 0.17 Acres
  • Structure Type: Shed
  • Zoning: Res 2
  • Sewer: Municipal sewage system
  • Parking Type: Attached garage
  • No. of Parking Spaces: 3

Courtesy of: RE/MAX SOLID GOLD REALTY (II) LTD.

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 197 SOUTHWOOD Drive, Kitchener, Ontario, N2E 2B2

Demographic Information of 197 SOUTHWOOD Drive, Kitchener, Ontario, N2E 2B2

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$108,390.61

Average Number of Children

1.79

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.53 %

High school certificate or equivalent

33.3 %

Apprenticeship trade certificate/diploma

7.78 %

College/non-university certificate

22.3 %

University certificate (below bachelor)

0.04 %

University Degree

17.05 %

Commuter

Travel To Work

By Car

88.75 %

By Public Transit

6.57 %

By Walking

1.67 %

By Bicycle

0.0 %

By Other Methods

3.01 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

15.9 %

Houses

84.1 %

Own Vs. Rent