40 OLD MAPLE Lane, Kitchener, Ontario, N2N2L2
MLS: 40825898 | Duplex (Freehold)
$899,900
Property Description
Investors, take note! Prime Investment Opportunity. Add a premium, turn-key asset to your real estate portfolio with this meticulously maintained legal duplex in the highly desirable Forest Heights, Kitchener. With evident pride of ownership and zero deferred maintenance, this property offers incredible cash-flow potential, high-quality finishes, and an unbeatable location that guarantees low vacancy rates. The upper residence is perfectly designed to attract and retain long-term, high-quality family tenants. The layout features a formal living room, an elegant dining room, and a spacious kitchen with a breakfast nook. A sunlit family room with a gas fireplace and walk-out access to a private deck adds premium appeal. Upstairs, tenants will find four generously sized bedrooms, including an expansive primary suite with a walk-in closet and a luxurious 4-piece ensuite featuring a soaking tub. A 2.5-bath layout ensures maximum rental value. The lower-level residence is not your average basement unit. This spectacularly designed, self-contained suite is a full walk-out, flooded with natural light through oversized windows—a feature that commands top-tier rent. The sprawling layout includes a massive recreation room, a dedicated dining area, and a kitchen featuring an abundance of cabinet space rarely seen in secondary suites. With two remarkably large bedrooms, a full 4-piece bathroom, and the highly desirable addition of private in-suite laundry, this unit is truly move-in ready for A+ tenants. The strategic, high-demand location drives value, and Forest Heights delivers. Situated on a mature, quiet street, the property is surrounded by excellent schools and community parks. The convenience factor for commuting tenants is unmatched: it is just minutes away from the vibrant Boardwalk shopping district, public transit hubs, and offers immediate access to Highway 7/8 for seamless travel across the Waterloo region or GTA. Secure your next great investment today! (id:64974)
Quick Facts
- Property Type: Duplex (Freehold)
- Bedrooms: 6
- Bathrooms: 4
- Living Area: 2,330 sq ft (216.5 m²)
- Above Grade: 2,330 sq ft (216.5 m²)
- Year Built: 1986
- Ownership: Freehold
- Attached: Yes
- Parking: 4.0 spaces (Attached Garage)
- Frontage: 51 ft (15.5 m)
Costs
- Annual Taxes: $5,969.00
Listing Provided by: RE/MAX REAL ESTATE CENTRE INC.
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Forced air, Natural gas
- Cooling: Central air conditioning
- Basement: Finished, Full
- Appliances: Water softener, Central Vacuum, Microwave, Window Coverings, Garage door opener
Exterior & Construction
- Exterior: Brick
- Sewer: Municipal sewage system
- Water: Municipal water
Lot & Land
- Frontage: 51 ft (15.5 m)
- Features: Sump Pump, Automatic Garage Door Opener
- Zoning: R2A
Community & Neighbourhood
- Subdivision: 337 - Forest Heights
Listing Information
Listing History
MLS listing activity for 40 OLD MAPLE Lane, Kitchener, Ontario, N2N2L2 — dates reflect when changes were recorded in the DDF
Location & Neighborhood
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Neighborhood Walkability
Mortgage & Cost Calculators
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40 OLD MAPLE Lane, Kitchener, Ontario, N2N2L2