Property Information:

Cash Flow. Flexibility. Future Potential. Welcome to 80 Jackson Avenue, Kitchener-a rare opportunity to own a legal triplex on an oversized 66x165ft lot in one of Kitchener's most convenient locations.Whether you're looking to expand your investment portfolio, offset your mortgage by living in one unit, or create the ideal multi-generational family compound, this property offers exceptional versatility. With the potential to generate over $6,000 per month in rental income, this is a cash-flow-positive investment that can help build your wealth while you sleep. With two vacant units and the third unit rented at market rent the possibilities are endless.The thoughtfully converted bungalow features three legal self-contained units with modern finishes and in-suite laundry:- A bright and spacious 3-bedroom main floor apartment with an oversized eat-in kitchen, generous living space, and abundant natural light.- A well-appointed 2-bedroom lower-level apartment, ideal for long-term tenants.- A unique split-level 1-bedroom unit featuring an open-concept layout, soaring vaulted ceilings, skylights, and direct access to the backyard-offering a living experience that stands out from the typical rental.The opportunities don't stop there. Sitting on a massive lot, the property offers exciting potential to add an Additional Dwelling Unit (ADU) (subject to municipal approvals), creating another income stream and increasing your long-term return on investment.Located in a quiet, established neighbourhood with access to Highway 7/8 in three minutes or less. The Kitchener Memorial Auditorium Complex, shopping, schools, parks, public transit, and countless nearby amenities make this a location tenants love, investors value and anyone would like to call home. (id:27)

Building Features:

Style: Multiplex
Building Type: Triplex
Basement Development: Finished
Basement Type: Full
Exterior Finish: Brick, Vinyl siding
Floor Space: 1861 sqft
Foundation Type: Poured Concrete
Heating Type: Forced air, Heat Pump
Heating Fuel: Electric, Natural gas
Cooling Type: Central air conditioning
Appliances: Water softener

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Bedrooms: 6
Bathrooms: 3
Access Type: Highway access
Amenities Nearby: Park, Schools, Shopping
Floor Space (approx): 1861 Square Feet
Lot Depth: 165 Feet
Lot Frontage: 66 Feet
Zoning: RES-4
Sewer: Municipal sewage system
No. of Parking Spaces: 5

Courtesy of: Real Broker Ontario Ltd.

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Demographic Information of 80 JACKSON Avenue, Kitchener, Ontario, N2H 3P1

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$122,092.92

Average Number of Children

1.71

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.56 %

High school certificate or equivalent

31.25 %

Apprenticeship trade certificate/diploma

5.34 %

College/non-university certificate

23.28 %

University certificate (below bachelor)

1.57 %

University Degree

20.01 %

Commuter

Travel To Work

By Car

88.97 %

By Public Transit

0.35 %

By Walking

2.51 %

By Bicycle

0.0 %

By Other Methods

8.17 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

27.19 %

Houses

72.81 %

80 JACKSON Avenue, Kitchener, Ontario, N2H 3P1

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