Frontside or backside of a home, cottage for 35 Fifth Ave, Kitchener Ontario N2C 1P5
21 days on Market

35 Fifth Ave, Kitchener, Ontario N2C 1P5

Detached
-
-
- sqft
$619,900
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Detached
-
-
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$2,662/mo

Tax Amount (2024)$2,500/yr

Days On Market21 days


Description

Exceptional investment opportunity at 35 Fifth Avenue! This permit-ready triplex project is designed for maximum profitability with three expansive 1,500 sq. ft. units, each offering 3 bedrooms (expandable to 4) and 10 bathrooms total. Featuring separate entrances, private balconies, a basement porch, and 3 parking spots (1 garage + 2 driveways), this property is ideal for high-demand multi-family rentals. All permits, including building and demolition, are in place for immediate construction—just step in and start building! With separate meters and gas heating, this R2B-zoned development is a builder’s dream and a smart investor’s next big win. Low $2,500 annual taxes and flexible possession make this a no-brainer. Survey included—everything’s ready to break ground. Survey available & Grading is ready.


Property Details

StyleLand
View-
Age of property-
SqFt-
Lot Size6,634 SqFt(165.49 x 40.09)
Parking Spaces-
MLS ®Number40682347
Community NameVanier
Data SourceITSO
Listing byRE/MAX REAL ESTATE CENTRE INC.

Features

Lot size: 6,634 SqFt
Sewer (Municipal)

Property listed by RE/MAX REAL ESTATE CENTRE INC., Brokerage

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Population and Demographics

Overview

Total population 11555
Average household income $87,115

Age (%)

20 to 34
28%
0 to 19
19%
35 to 49
18%
65 and plus
17%
50 to 64
17%

Household composition (%)

Single family
57%
Single person
34%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
71%
Spanish
5%
Others
4%
Arabic
3%
Punjabi (Panjabi)
3%
Serbian
2%
Gujarati
2%
Tagalog (Pilipino, Filipino)
2%
French
2%

House tenancy (%)

Renters
64%
Owners
36%

Schools and amenities

Estimated Budget