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$890,000

399 GREENFIELD Avenue, Kitchener, Ontario, N2C 1E6

MLS® # 40843166

Kitchener ON, N2C 1E6

MLS® # 40843166

Property Information:

Purpose built duplex investment opportunity in convenient location of Kitchener. Only 8 years old! This duplex features two well laid out 2 bedroom units, each with two bathrooms and in suite laundry for tenants convenience and comfort. Each unit has their own HVAC system and separately metered for all utilities. The lower unit has access via side entry and garage. The main floor unit has a front door and access to the garage as well. Gross annual rent is $46,500, with tenants paying their own utilities. Owner pays property taxes, building insurance & hot water tank rentals. If you are looking for a turn key entry level investment with predictable maintenance costs and cash flow, with good tenants and a well maintained building, schedule your showing today to take a closer look! (id:27)

Building Features:

  • Style: Duplex
  • Building Type: Duplex
  • Basement Development: Finished
  • Basement Type: Full
  • Exterior Finish: Brick, Vinyl siding
  • Floor Space: 2383 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Microwave Built-in

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 4
  • Bathrooms: 4
  • Access Type: Highway access
  • Amenities Nearby: Park, Public Transit, Schools
  • Features: Sump Pump
  • Floor Space (approx): 2383 Square Feet
  • Irregular: Yes
  • Lot Depth: 132 Feet
  • Lot Frontage: 35 Feet
  • Lot Size: 0.11 Acres
  • Zoning: RES-4
  • Sewer: Municipal sewage system
  • Parking Type: Attached garage
  • No. of Parking Spaces: 6

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 399 GREENFIELD Avenue, Kitchener, Ontario, N2C 1E6

Demographic Information of 399 GREENFIELD Avenue, Kitchener, Ontario, N2C 1E6

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$89,626.24

Average Number of Children

1.76

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.17 %

High school certificate or equivalent

31.36 %

Apprenticeship trade certificate/diploma

6.54 %

College/non-university certificate

20.55 %

University certificate (below bachelor)

1.65 %

University Degree

18.73 %

Commuter

Travel To Work

By Car

81.56 %

By Public Transit

11.76 %

By Walking

3.27 %

By Bicycle

0.45 %

By Other Methods

2.96 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

46.0 %

Houses

54.0 %

Own Vs. Rent