129 River Road E new

Kitchener,ON N2B 2G7

$ 899000

5 Beds

3 Baths

2072 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-3 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 2,072 sqft

Price per Sqft $433

MLS Listing ID 40737778

Bedrooms 5

Abv Grd Liv Area 2,962

Year Built 1958

Annual Tax Amount $4,645

Property Sub-Type Multi-3 Unit

Source Mississauga

Property Description

Solid brick a purpose-built triplex situated in the heart of Rosemount, a great investment opportunity offering tremendous income potential! This spacious property features a wide corner lot, perfect for future expansion with the possibility of adding accessory units to maximize your return on investment.Two 2 bedroom units are generously sized with brand new balconies, large kitchen and good size bedrooms, over 1000 sq ft of living space. One bedroom unit in the basement is completely renovated, including bathroom, kitchen, floors and electrical.  Features three separately metered units, parking for more than 8 vehicles.Well maintained building with many upgrades and renovations, totaling over $120,000.00 recently, new shingle roof (2023), new brick chimney, upgrade to electrical panel in utility room, new sanitary mainline within building and through foundation connecting to property line, creating common area in the backyard, new sod (2024), 3 water heaters owned (2023) and much more. Sufficient outdoor parking. Book your showing today!!

Location

Province ON

County Waterloo

Area 2 - Kitchener East

Zoning R2B

Direction River Rd E and Frederick St

Rooms

Other Rooms Gazebo,Shed(s)

Basement Full,Finished

Kitchen 0

Interior

Interior Features Separate Hydro Meters

Heating Baseboard,Natural Gas,Radiant

Cooling None

Fireplace No

Appliance Water Softener,Hot Water Tank Owned,Refrigerator,Stove

Laundry Common Area

Exterior

Exterior Feature Balcony,Separate Hydro Meters

Parking Features Asphalt

Fence Full

Roof Type Asphalt Shing

Lot Frontage 125.09

Lot Depth 58.15

Garage No

Building

Lot Description Rectangular,City Lot,Library,Park,Place of Worship,Public Transit,Schools

Faces River Rd E and Frederick St

Story 2

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick

New Construction No

Others

Senior Community No

Tax ID 225280021

Ownership Freehold/None

Virtual Tour https://unbranded.youriguide.com/129_river_rd_e_kitchener_on/

View More
Favorite Go Tour