$500,000

Investment For Sale In Rosemount, Kitchener, Ontario

$500,000

Property Information:

INVESTORS, DEVELOPERS & VISIONARIES ! THIS ONE DESERVES YOUR ATTENTION! Here is an opportunity to acquire a MU3-ZONED, legally registered duplex in a high-traffic, HIGHLY VISIBLE location with tremendous potential for the right investor. The interior is in need of a significant overhaul, making this an ideal project for an investor or renovator looking to put their own stamp on a property and unlock its full potential. The real opportunity lies in the combination of MU3 zoning, legal duplex status, two separate units, and an exceptionally prominent location. With the right renovation strategy, this property could be transformed into a standout income-producing asset in a location where visibility and accessibility are major advantages. Whether you're looking to renovate and hold, maximize rental income, create a strong long-term investment, or explore the possibilities offered by the zoning, this property offers a compelling canvas for your vision. Properties with this combination of zoning, exposure, and existing legal duplex configuration are not everyday opportunities. The work is real, but so is the potential. Bring your plans. Bring your contractor. Bring your vision. This could be the value-add investment you've been waiting for. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Duplex
  • Basement Development: Unfinished
  • Basement Type: Full
  • Exterior Finish: Brick
  • Floor Space: 1882 sqft
  • Foundation Type: Stone
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 3
  • Bathrooms: 2
  • Access Type: Highway access
  • Amenities Nearby: Park, Public Transit, Shopping
  • Built in: 1903
  • Community Features: High Traffic Area
  • Features: Paved driveway
  • Floor Space (approx): 1882 Square Feet
  • Lot Depth: 94 Feet
  • Lot Frontage: 70 Feet
  • Structure Type: Workshop, Porch
  • Zoning: MU3
  • Sewer: Municipal sewage system
  • Parking Type: Detached garage
  • No. of Parking Spaces: 7

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

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.