trreb/IMG-X9348164_1.jpg
99 days on Market

132 Merner Ave, Kitchener, Ontario N2H 1X8

Townhouse
6
3
~1500-2000 sqft
$1,095,000
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Townhouse
6
3
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$639/sqft

Est. Mortgage$4,703/mo

Tax Amount (2024)$5,970/yr

Days On Market99 days


Description

Turn-key legal triplex with 72K+ gross annual income potential located in the desirable East Ward neighborhood of Kitchener. 132 Merner Ave features a 3 bed upper unit (vacant), lower 2 bed unit (tenanted) and rear bachelor unit (vacant). Spacious upper 3 bed unit features open living/dining room area, eat-in kitchen with pantry, updated bathroom, new paint and in-suite laundry. Lower 2 bedroom unit brand new in 2023 accessible through the separate side entrance currently rented at $2195 with A+ tenants. Unit includes 2 bedrooms, tiled shower in the bathroom, large open concept living/dining/kitchen area, SS appliances, new rads, interconnected fire alarms and large laundry/den area. Rear bachelor unit brand new 2023 with tiled bathroom/shower, in-suite laundry, new appliances, mini split duct for heat/AC. Each unit has it's own hydro panel, in-suite laundry, sound proofing, double wide driveway and double car garage with new doors, new drainage systems and more. Prime location, condition, and opportunity! Contact listing agent for financials.


Property Details

StyleBungalow
View-
Age of property51-99
SqFt~1500-2000 SqFt
Lot Size5,124 SqFt(122 x 42)
Parking Spaces4
MLS ®NumberX9348164
Community NameAuditorium
Data SourceTRREB
Listing byFLUX REALTY

Features

Heating: Radiant
Cooling: Other
Basement: Finished, Sep Entrance

Features

Lot size: 5,124 SqFt

Parking

Garage spaces 2

Garage type Attached

Other parking spaces 2

Total parking spaces 4


Property listed by FLUX REALTY, Brokerage

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Population and Demographics

Overview

Total population 1456
Average household income $154,522

Age (%)

35 to 49
22%
0 to 19
21%
20 to 34
20%
50 to 64
20%
65 and plus
17%

Household composition (%)

Single family
61%
Single person
34%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
90%
Others
4%
German
1%
Portuguese
1%
French
1%

House tenancy (%)

Owners
63%
Renters
37%

Schools and amenities

Estimated Budget