127 STRATHCONA Crescent
Kitchener – Ontario
$879,900
MLS® Number 40840981 | Listing provided by: MCINTYRE REAL ESTATE SERVICES INC. | Powered byREALTOR.ca
About this property
Attention investors and savvy buyers! This fully renovated legal duplex offers a rare opportunity to generate strong rental income while owning a well-maintained, turnkey property. Thoughtfully converted and updated between 2017-2020, this versatile home provides two self-contained living spaces, making it an ideal addition to any investment portfolio. The upper unit features 3 spacious bedrooms, an updated full bathroom with double vanity, bright living and dining areas, a renovated kitchen, and access to an elevated deck. The upper level is currently generating $2,600/month in rental income, providing immediate cash flow. The lower unit offers an attractive open-concept layout with a modern kitchen, spacious living area with gas fireplace, 2 bedrooms, and 2 full bathrooms including a private ensuite. Heated floors throughout most of the lower level add premium comfort and appeal for tenants. Outside, the property offers excellent curb appeal with a brick and vinyl exterior, double-wide driveway, and oversized double garage with two separate garage doors, inside entry, and convenient backyard access. A natural gas BBQ hookup and private outdoor spaces further enhance the property's appeal. Major capital improvements include the roof (approx. 2020), exterior updates (2020/2021), garage doors (2017), driveway (approx. 5 years ago), furnace and air conditioning (2017), owned on-demand water heater, and owned water softener. Built in 1967, the home has been extensively modernized while maintaining its solid construction. With approximately 5 bedrooms, 3 full bathrooms, separate living spaces, ample parking, and strong income potential, this legal duplex presents an outstanding opportunity for investors, multi-generational families, or owner-occupants looking to offset mortgage costs with rental income. (id:66549)
Details
- Bedrooms
- 5
- Bathrooms
- 3
- Size
- 2,365 sq ft
- Property type
- House
- Year built
- 1967
- Stories
- 1
- Parking spaces
- 4
- Heating
- Forced air, Natural gas
- Neighbourhood
- 224 - Heritage Park/Rosemount
- Postal code
- N2B2W8
- MLS® Number
- 40840981
- Status
- For Sale
Features
- Air Conditioning
- Deck
- Fireplace
- Garage
- Parking
