25 MEINZINGER Avenue

About this 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. (id:66549)

Details

Bedrooms

4

Bathrooms

2

Size

1,551 sq ft

Property type

House

Year built

1958

Stories

1

Parking spaces

3

Heating

Forced air, Natural gas

Neighbourhood

311 - Downtown/Rockway/S. Ward

Postal code

N2M3T3

MLS® Number

40868224

Status

For Sale

Features

• Basement
• Laundry
• Parking

Location