129 RIVER Road E, Kitchener, Ontario, N2B2G7

Property Description

Solid brick a purpose-built triplex situated in the heart of Rosemount, a great investment opportunity offering tremendous income potential! This spacious property features a wide corner lot, perfect for future expansion with the possibility of adding accessory units to maximize your return on investment.Two 2 bedroom units are generously sized with brand new balconies, large kitchen and good size bedrooms, over 1000 sq ft of living space. One bedroom unit in the basement is completely renovated, including bathroom, kitchen, floors and electrical. Features three separately metered units, parking for more than 8 vehicles.Well maintained building with many upgrades and renovations, totaling over $120,000.00 recently, new shingle roof (2023), new brick chimney, upgrade to electrical panel in utility room, new sanitary mainline within building and through foundation connecting to property line, creating common area in the backyard, new sod (2024), 3 water heaters owned (2023) and much more. Sufficient outdoor parking. Book your showing today!! (id:64974)

Quick Facts

• Property Type: Triplex (Freehold)
• Bedrooms: 5
• Bathrooms: 3
• Living Area: 2,962 sq ft (275.2 m²)
• Above Grade: 2,072 sq ft (192.5 m²)
• Below Grade: 890 sq ft (82.7 m²)
• Year Built: 1958
• Ownership: Freehold
• Attached: Yes
• Parking: 8 spaces (Open, Visitor Parking)
• Frontage: 125 ft (38.1 m)

Costs

• Annual Taxes: $4,645.83

Listing Provided by: CENTURY 21 GREEN REALTY INC
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.