3 hours on Market

16 Overlea Cres, Kitchener, Ontario N2M 5A9

Townhouse
3 + 3
3
~700-1100 sqft
$824,900
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Townhouse
3 + 3
3
~700-1100 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$964/sqft

Est. Mortgage$3,543/mo

Tax Amount (2024)$3,220/yr

Days On Market3 hours


Description

NEWLY UPDATED LEGAL DUPLEX MAIN FLOOR VACANT, BASEMENT UNIT TENANTED UNTIL THE BEGINNING OF APRIL 2025: Experience the charm of urban living in this thoughtfully updated duplex, ideally situated in Kitchener's Forest Hill neighborhood.Ideal for first-time buyers, savvy investors, and house hacking enthusiasts, this property offers a rare blend of substantial investment potential and refined living. This prime investment opportunity features 2 meticulously designed units that seamlessly combine comfort and functionality. The main level of this bungalow boasts a spacious 3-bedroom layout with an eat-in kitchen, a 3-pce bath, inviting living and dining rooms, and the convenience of in-suite laundry. The walk-out lower unit with separate entrance, offers a versatile potential 3-bedroom layout, complete with an eat-in kitchen, both a 4-pce and a 3-pce bathroom, living room with walk out access to the backyard, and in-suite laundry. Outside, an expansive private backyard with mature trees creates a serene environment for relaxation or entertaining. Additional highlights include a fenced backyard with a storage shed, a covered back porch and patio, and parking for up to three vehicles, offering both practicality and outdoor enjoyment. This home is ideally located near parks, schools, and community centres. Highland Hills Mall is 3 minutes away, Sunrise Shopping Centre is 5 minutes, and St. Marys Hospital is just a 4-minute drive. The University of Waterloo, Wilfrid Laurier University, and Grand River Hospital are all within 10 minutes. With easy access to public transportation, Highway 8, and the 401, this property ensures convenient connectivity. The Kitchener GO Transit Station is only 10 minutes away, making it perfect for commuters. This home offers a blend of location, convenience, and functionality.


Property Details

StyleBungalow
View-
Age of property51-99
SqFt~700-1100 SqFt
Lot Size4,016 SqFt(100.24 x 40.07)
Parking Spaces3
MLS ®NumberX11925065
Community NameForest Hill
Data SourceTRREB
Listing byRE/MAX TWIN CITY REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Fin W/O, Sep Entrance

Main Floor

Dining

3.47 x 2.43

Kitchen

2.63 x 5.04

Br

3.48 x 2.86

Living

3.47 x 5.11


Features

Lot size: 4,016 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property listed by RE/MAX TWIN CITY REALTY INC., Brokerage

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Population and Demographics

Overview

Total population 4987
Average household income $109,768

Age (%)

0 to 19
23%
20 to 34
20%
35 to 49
20%
65 and plus
18%
50 to 64
18%

Household composition (%)

Single family
68%
Single person
27%
Multi person
4%
Multi family
1%

Mother tongue (%)

English
83%
Others
5%
Arabic
3%
Spanish
3%
German
2%
Romanian
1%
Portuguese
1%

House tenancy (%)

Owners
61%
Renters
39%

Schools and amenities

Estimated Budget