Unknown for 74 Carnaby Cres, Kitchener Ontario N2A 1M7
Re-listed 54 days ago

74 Carnaby Cres, Kitchener, Ontario N2A 1M7

Townhouse
4 + 1
3
~1500-2000 sqft
$•••,•••
$1,025,000
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$5,125Cashback
Townhouse
4 + 1
3
~1500-2000 sqft

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Highlights

Property Estimate

Days on market54 days

Total days on market
146 days

Estimated valueNot available

Price/Sqft$598/sqft

Monthly cost

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CMA Subject Property

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+1

Properties sold*

$660K

Median sold price*

*Based on last 30 days

Description

Attention to investors who are looking for a Purpose-built triplex in the quiet Chicopee/Lackner Woods neighbourhood near all amenities !Very quiet mature neighbourhood and walking distance to parks. This building consists of: Two -2 bedrooms apartments and One-1 bedroom apartment. Separate hydro meters. This Purpose-built Triplex is a great way to reduce your monthly expenses with Owner Occupying one unit and leasing out the other two units or fully leasing the building for the ideal investment property. The current Owner occupies one of the two bedroom apartments and rents out the other two apartments. The financial upside is evident with current rents of $1,450 per month & $827 per month plus Hydro, showcasing significant potential for growth in rental income and market value. Additionally, the owner has had Blueprints completed for the ultimate Owner occupied investment property. These plans would include a 4 car garage with a 3 bedroom apartment in the rear of the property. Proforma attached to show the potential ! Please check out the RES-4 zoning with the City of Kitchener for a future of possibilities with this property. This property is a fantastic opportunity that investors should not pass up. Property being sold " AS IS , WHERE IS'


Property Details

Style2 1/2 Storey
View-
Age of property51-99
SqFt~1500-2000 SqFt
Lot Size7,963 SqFt(150 x 53.09)
Parking Spaces10
MLS ®NumberX12218502
Community NameIdlewood
Data SourceTRREB
Listing byKELLER WILLIAMS INNOVATION REALTY

Features

Heating: Water
Basement: Apartment, Sep Entrance

Features

Lot size: 7,963 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 10


Market Data - Idlewood

Geo Zone Map ThumbnailIdlewood

Balanced Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

58 days

Compared to

2024

6 days

New Listings

Past 30 days

0 listing

Compared to

2024

2 listings

Units sold

Past 30 days

1 unit

Compared to

2024

1 unit

Median Sold Price

Past 30 days

$735,000

Compared to

2024

$660,000


Population and Demographics

Overview

Total population 6119
Average household income $133,526

Age (%)

0 to 19
24%
20 to 34
18%
35 to 49
20%
50 to 64
21%
65 and plus
17%

Household composition (%)

Single family
76%
Single person
20%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
78%
Serbian
4%
Spanish
2%
Romanian
2%
German
2%
Others
2%
Croatian
2%
Portuguese
2%
Arabic
1%
Punjabi (Panjabi)
1%

House tenancy (%)

Owners
76%
Renters
24%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget