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Royal LePage
Royal LePage
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$789,000

40 WOODLAND Avenue, Kitchener, Ontario, N2M 3G7

MLS® # 40835086

Kitchener ON, N2M 3G7

MLS® # 40835086

Property Information:

Charming Century Home in a Prime Downtown Location! This beautifully renovated legal duplex offers exceptional flexibility for homeowners and investors alike. Featuring 3+1 bedrooms with potential for a loft conversion, the home has been extensively updated from top to bottom. Live comfortably in the main residence while generating income from the lower-level suite, or accommodate extended family with ease. Enjoy a spacious, tree-lined backyard, an oversized family room highlighted by a stunning fireplace, and walkout access to a large deck perfect for entertaining. The lower-level suite includes a separate entrance and private laundry. Separate laundry facilities are available for each unit, providing added convenience and independence. An oversized driveway provides ample parking. Conveniently located within walking distance to schools, parks, shopping, restaurants, and everyday amenities. Major updates completed in 2018 include kitchens, flooring, plumbing, electrical, HVAC, central air conditioning, deck, and most windows and doors. With a potential rental income of approximately $50,000 per year, this property presents an outstanding opportunity for both investors and owner-occupants. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Duplex
  • Basement Development: Finished
  • Basement Type: Full
  • Exterior Finish: Brick
  • Floor Space: 2179 sqft
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 4
  • Bathrooms: 2
  • Amenities Nearby: Public Transit, Schools, Shopping
  • Built in: 1957
  • Community Features: Community Centre
  • Floor Space (approx): 2179 Square Feet
  • Lot Depth: 115 Feet
  • Lot Frontage: 35 Feet
  • Zoning: R2
  • Sewer: Municipal sewage system
  • Parking Type: Open
  • No. of Parking Spaces: 4

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 40 WOODLAND Avenue, Kitchener, Ontario, N2M 3G7

Demographic Information of 40 WOODLAND Avenue, Kitchener, Ontario, N2M 3G7

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$97,489.47

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.6 %

High school certificate or equivalent

30.58 %

Apprenticeship trade certificate/diploma

6.21 %

College/non-university certificate

20.6 %

University certificate (below bachelor)

1.38 %

University Degree

22.64 %

Commuter

Travel To Work

By Car

90.35 %

By Public Transit

4.87 %

By Walking

1.03 %

By Bicycle

0.15 %

By Other Methods

3.6 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

39.1 %

Houses

60.9 %

Own Vs. Rent

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