62 MOORE Avenue, Kitchener, Ontario, N2H3S3

Property Description

Legal triplex in central Kitchener with stable current income. Offering approx. 2,400 sq. ft. across three self-contained units, this property has been upgraded with 100-amp service in each unit, vinyl windows, roof and eaves, updated stairwells, resurfaced driveway and cement walkways, fire-rated doors, and refreshed kitchens, bathrooms with acrylic bath fitters and flooring. Coin-operated laundry adds extra revenue. Owner pays heat and water, while tenants cover their own hydro usage through separate panels. Conversion to separate utility metering is easy, creating further long-term value. The property includes a paved parking lot for three cars plus available fourth spot near the front entrance. Ideally located within a Major Transit Station Area and walking distance to downtown Kitchener, the LRT, Google, and other major employers, this triplex combines stable income today with redevelopment potential in one of the region’s fastest-growing corridors. (id:64974)

Quick Facts

• Property Type: Triplex (Freehold)
• Bedrooms: 6
• Bathrooms: 3
• Living Area: 2,400 sq ft (223.0 m²)
• Above Grade: 1,700 sq ft (157.9 m²)
• Below Grade: 700 sq ft (65.0 m²)
• Year Built: 1961
• Ownership: Freehold
• Attached: Yes
• Parking: 3 spaces (Open)
• Frontage: 40 ft (12.2 m)

Costs

• Annual Taxes: $5,575.87

Listing Provided by: EXP REALTY
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.