35 Belmont Ave, Kitchener, Ontario N2M 1L2
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Highlights
Est. Mortgage$4,810/mth
Tax Amount (2024)$5,200/yr
Description
Legal duplex with opportunity to add third unit! Purpose-built new in 2023. Timeless open concept layouts in both units, outfitted with 9-foot ceilings on all three levels (including the basement)! Natural light soaks in through the large windows. Each unit features its own private deck. Designer kitchens with quartz counters. Both units have signed leases, boasting a gross annual income of $54,600. Lower unit comprises 2 beds and 1.5 baths. Upper unit comprises 2 beds, 1 bath and garage. Adventurous investors can increase the income generated from this property by adding an accessory dwelling unit. Minor variance approval has already been obtained from the City of Kitchener to build a tiny home in the backyard. Each unit is self-contained with its own furnace, air conditioning, hot water tank and thermostats. Each unit is separately metered and tenants pay their own utilities.
Property Details
Interior
Features
Main Floor
Bathroom
1.68 x 1.602-piece / tile floors
Kitchen
3.23 x 2.90double vanity / laminate
Dining Room
3.23 x 3.20Laminate
Living Room
5.77 x 2.95laminate / sliding doors / walkout to balcony/deck
Exterior
Features
Parking
Garage spaces 1
Garage type -
Other parking spaces 3
Total parking spaces 4
Property History
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