63 days on Market

52 Henry St, Kitchener, Ontario N2G 1P3

Townhouse
3 + 1
3
~1100-1500 sqft
$724,900
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Townhouse
3 + 1
3
~1100-1500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$571/sqft

Est. Mortgage$3,113/mo

Tax Amount (2024)$4,136/yr

Days On Market63 days


Description

This LEGAL DUPLEX will offer you a positive $600/month CASHFLOW! Ideally located in vibrant downtown Kitchener this property will generate a gross income of $50,000/year (a net income of $40,000/year). Great opportunity for investors or homeowners looking to offset their mortgage with rental income. This well-maintained property features two beautifully updated 2-bedroom units, each with separate laundry facilities and modern finishes. Unit 1: Main Floor + Basement Unit: 2 beds, 1.5 baths Market rent approx. $2,200/month. Unit : Upper Unit: 2 beds, 1 bath Market rent approx. $1,950/month. With three dedicated parking spaces, a fully fenced backyard with a patio, and a location that puts you steps from parks, transit (ION Light Rail & bus routes), the Tannery District, Google, restaurants, and more, this property is the definition of convenience. Whether you're looking to move in and set your own rents or add a solid investment to your portfolio, this duplex is turnkey and ready to go.


Property Details

Style2-Storey
View-
Age of property100+
SqFt~1100-1500 SqFt
Lot Size3,744 SqFt(96 x 39)
Parking Spaces3
MLS ®NumberX11944153
Community NameVictoria Park
Data SourceTRREB
Listing byROYAL LEPAGE WOLLE REALTY

Features

Heating: Forced Air
Cooling: Central Air
Basement: Finished, Sep Entrance

Ground Floor

Kitchen

3.53 x 2.69

Dining

3.84 x 2.97

Primary

4.04 x 3.66

Foyer

3.71 x 1.7


Features

Lot size: 3,744 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property listed by ROYAL LEPAGE WOLLE REALTY, Brokerage

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Population and Demographics

Overview

Total population 1470
Average household income $101,796

Age (%)

20 to 34
29%
65 and plus
19%
35 to 49
19%
50 to 64
18%
0 to 19
14%

Household composition (%)

Single person
47%
Single family
46%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
84%
Others
2%
German
2%
Spanish
2%
Arabic
2%
French
2%
Portuguese
2%
Serbian
1%

House tenancy (%)

Renters
67%
Owners
33%

Schools and amenities

Estimated Budget