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Royal LePage
Royal LePage
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$729,000

450 HIGHLAND Road E, Kitchener, Ontario, N2M 3W7

MLS® # 40839132

Kitchener ON, N2M 3W7

MLS® # 40839132

Property Information:

Exceptional opportunity to own a beautifully updated legal duplex raised bungalow in a peaceful, desirable neighbourhood. Flexible multi-unit living with the ability to reside in one unit and rent the other, or use both as income-producing rentals or Airbnb accommodations.This impressive property features two fully self-contained units, each offering its own private entrance, kitchen, bathroom, and separate hydro meter for excellent flexibility and privacy. The upper unit was completely renovated in 2020 and features a bright open-concept layout, updated kitchen with modern appliances, spacious bedrooms, and a beautifully refreshed bathroom. The lower unit, professionally added in 2021, offers a thoughtfully designed two-bedroom suite complete with a stylish kitchen, modern bathroom, generous storage including two shed 2023 and 2026 for additonal storge for tenants. This turnkey property offers exceptional versatility and strong income potential. Conveniently located close to public transit, major highways, shopping, and 10 minutes to Wildred Laurier and Waterloo Univerisites. As an added bonus, 2 sets of appliances, 2 sheds and all furniture from the lower unit are included and upper level furniture can be negotiated as part of an offer, making this an outstanding move-in-ready investment opportunity. Legal duplexes of this quality and condition rarely come available. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Duplex
  • Basement Development: Finished
  • Basement Type: Full
  • Exterior Finish: Brick
  • Floor Space: 1554 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Freezer, Window Coverings

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 4
  • Bathrooms: 2
  • Built in: 1957
  • Features: Paved driveway
  • Fence Type: Fence
  • Floor Space (approx): 1554 Square Feet
  • Lot Frontage: 43 Feet
  • Structure Type: Shed
  • Zoning: R2B
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 5

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 450 HIGHLAND Road E, Kitchener, Ontario, N2M 3W7

Demographic Information of 450 HIGHLAND Road E, Kitchener, Ontario, N2M 3W7

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$84,194.76

Average Number of Children

1.71

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

24.28 %

High school certificate or equivalent

32.28 %

Apprenticeship trade certificate/diploma

6.8 %

College/non-university certificate

20.14 %

University certificate (below bachelor)

2.16 %

University Degree

14.34 %

Commuter

Travel To Work

By Car

88.31 %

By Public Transit

8.7 %

By Walking

1.9 %

By Bicycle

0.07 %

By Other Methods

1.02 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

64.56 %

Houses

35.44 %

Own Vs. Rent

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