5 Beds 3 Bath

7 Balmoral Drive, Kitchener, ON N2M 2J7

Kitchener N2M 2J7 Ontario

MLS: X12682304

$949,000

Added 1 day ago | For Sale

Listed by: UPPERSIDE REAL ESTATE LIMITED

About Property

Purpose-Built Triplex in the Belmont Village, Waterloo High Tech Hub!! This upgraded triplex in a quiet and desirable neighborhood steps from KW's high-tech community, offering exceptional income potential in a highly desirable location. Purpose-built and thoughtfully designed, the property features two spacious 2-bedroom units, each with private entrances, as well as a bright and generously sized 1-bedroom lower unit with abundant natural light. The upper and middle units also feature a walkout balcony, adding to their appeal. Each unit is separately metered for hydro, with an additional common meter and a shared laundry facility to streamline operations. All units will be vacant on closing, providing the flexibility to set market rents and maximize returns from day one. There is also parking for approximately six vehicles, offering excellent convenience for tenants or future owners. Extra shed in the parking lot for extra storage! Recent upgrades include updated flooring, new roof shingles (2019), ensuring low ongoing maintenance and long-term value. Ideally located near transit, parks, hospitals, and major amenities, this triplex is VACANT and a strong income generator in a thriving and desirable neighbourhood. Don't miss this is low-risk, high-reward investment opportunity with lasting potential!

Features

  • House Style:Triplex
  • Bathrooms:3
  • Land Size: 57.21 X 120
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Balmoral Drive and Brandon Ave
  • Basement:None , None
  • Possession Date:
  • Annual Property taxes: $6661.2
  • Bedrooms:5
  • Total Parking Spaces:6
  • Parking Places:6
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:West
  • Front Footage:
  • Listing ID:X12682304

Level Type Features Dimensions
Main Living Room Broadloom, Combined w/Dining, Overlooks Frontyard 11 ft, 9 in x 12 ft, 11 in
Dining Room Laminate, Combined w/Living, Overlooks Frontyard 11 ft, 9 in x 12 ft, 11 in
Kitchen Laminate, W/O To Balcony, Large Window 11 ft, 11 in x 8 ft
Primary Bedroom Laminate, Large Closet, Closet Organizers 11 ft, 2 in x 10 ft, 2 in
Bedroom Laminate, Overlooks Garden, Large Closet 10 ft, 8 in x 10 ft, 2 in
Second Living Room Laminate, Combined w/Dining, Overlooks Frontyard 11 ft, 9 in x 12 ft, 11 in
Dining Room Laminate, Combined w/Living, Overlooks Frontyard 11 ft, 9 in x 12 ft, 11 in
Primary Bedroom Laminate, Large Closet, Closet Organizers 11 ft, 2 in x 10 ft, 2 in
Bedroom 2 Laminate, Overlooks Garden, Large Closet 10 ft, 8 in x 10 ft, 2 in
Lower Living Room Laminate, Large Window, Closet 21 ft x 10 ft, 10 in
Bedroom Laminate, Large Closet, Large Window 10 ft, 10 in x 10 ft, 9 in
Kitchen Laminate, Eat-in Kitchen 21 ft x 10 ft, 10 in

No property rooms available.

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