56 Grenville Ave, Kitchener, Ontario N2G 3S4
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Highlights
Estimated ValueThis is the price Wahi expects this property to sell for.
The calculation is powered by our Instant Home Value Estimate, which uses current market and property price trends to estimate your home’s value with a 90% accuracy rate.$838,000*
Price/Sqft$381/sqft
Days On Market122 days
Est. Mortgage$3,736/mth
Tax Amount (2023)$3,648/yr
Description
Charming raised ranch home, legally zoned as a duplex, close to ION, schools, place of worship, shopping. Lower level currently rents for $2100 and will be vacant Sept 1st, upper level is vacant. With lower level rent ($2100) and upper level rent of $2500 per month (market rates) provides a favourable CAP rate of over 5%. The upper level boasts a warm ambiance with wood and ceramic flooring throughout. The well-appointed kitchen features granite counters, a spacious island with a breakfast bar, and stainless steel appliances. An expansive open-concept living and dining area is illuminated by numerous pot lights, modern fixtures, and opens to a front deck. Two generously sized bedrooms on the main floor share a delightful bathroom adorned with a quartz counter and the laundry. There is also accessible attic space for additional storage. Main floor can be converted back to 3 bedroom. The lower level offers two large bedrooms, a kitchen with ceramic tile floors, laminate flooring in main areas, and a bathroom featuring ceramic flooring, a spacious shower, and a granite counter. The lower level also includes a sizable family room with a gas fireplace and a laundry/utility room. Noteworthy features include newer windows and doors, two private decks with gas BBQ hook-up, a spacious outdoor patio, a double garage, a 1 ½ storey workshop, and three large sheds. This duplex seamlessly blends comfort, functionality, and ample outdoor space while offering great investment opportunity. The internal staircase has been closed off, but it can be reopened to restore direct access between the upper and lower floors. The images provided are from previous staging.
Property Details
Interior
Features
Exterior
Features
Parking
Garage spaces 2
Garage type -
Other parking spaces 5
Total parking spaces 7
Property History
![history photo preview](https://cdn.wahi.com/listings/images/itso/IMG-40561247_1-256.webp)
![history photo preview](https://cdn.wahi.com/listings/images/itso/IMG-40561265_1-256.webp)
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