25 Meinzinger Avenue, Kitchener, Ontario, Canada, N2M3T3

629,900
for Sale
4
2
1,551

About the property:

Investors and house hackers, take note! 25 Meinzinger Ave. is an updated duplex on a generous 51 x 131 ft lot, with the cities new flexible zoning (SGA-1) in Kitchener's established Southdale neighbourhood. Featuring two self-contained, income-ready suites, that previous generated almost $50,000.00 in gross annual rent, that provide the flexibility to live in one while the other pays down your mortgage, plus a separate entrance to the basement, offering potential for a future third suite and added income! Each suite features their own private entry, 2 bedrooms, a full bathroom, and separate living and dining areas, all finished with carpet-free flooring, a modern kitchen with generous cabinetry, and an updated bathroom. Dedicated parking for each unit, on-site laundry, and an expansive shared backyard round out a setup designed for easy management and long term tenant appeal. Minutes to Highway 8, local transit, Zehrs, Queen Elizabeth Public School, and neighbourhood parks, this is a turn-key, centrally located multi-family asset with strong fundamentals and real upside.

Extra info:

Other,Fridge X2, Stove X2, Washer & Dryer All In As-Is Condition
Single Family Residence other
Property Type:
Single Family Residence
Status:
for Sale
House Style:
other
Bedrooms:
4
Bathrooms:
2
Land Size:
51.00 x 132.2 FT | < 0.5 acres
Water:
Municipal
Garage/Parking Type:
Asphalt,Concrete
Parking Places:
3
Heating Type:
Forced Air,Natural Gas
Exterior:
Brick,Vinyl Sidi
Basement:
Separate Ent, Full
Annual Property Taxes:
4,471.07
Listing ID:
40868224

Rooms

Dimensions

Brokered by:
Royal Lepage Crown Realty Services Inc.
Source: ITSO
Presented By:

Tia Deutschmann

Real Estate Broker

RE/MAX Real Estate Centre Inc., Brokerage*