97 ST GEORGE Street, Kitchener, N2G2T2 - 40383115
Property Description

Calling all investors! Pride of ownership abounds with this legal Triplex, boasting a 5.2% CAP Rate! Located in the heart of Cedar Hill, just a few minutes walk to the LRT, downtown Kitchener and the market, this cash flowing property is fully rented with AAA tenants on 2022 leases. All three spacious units are above ground level, offering great natural light and functional layouts. They come fully equipped with appliances, as well as In-suite laundry for each unit! The building has undergone significant updates and improvements, including: modern finishes in every unit, new roof, beautiful new backyard deck and fence, professional structural improvement, and so much more – request our buyer guide for full details! The current owners have gone above and beyond, and are ready to supply all the following documents: Zoning compliance letter, Environmental report, ESA inspections, structural engineer report and fire safety report, plus all financials. With a current Net Operating Income of $53,656.00, this is a turn-key opportunity for the savvy investor that won’t last long! (id:15472)

Location
CA
Ontario
Kitchener
311 - Downtown/Rockway/S. Ward
N2G2T2
Details
Golf Nearby, Park, Schools, Shopping
Triplex
Freehold
Detached
2
2110.0000
Full (Unfinished)
Unfinished
Brick
6
Aluminum siding, Brick
under 1/2 acre
Highway access
: Window Air Conditioner
Water softener
: Park/reserve, Golf Course/parkland
None
: Shed
Municipal sewage system

97 ST GEORGE Street, Kitchener, N2G2T2

97 ST GEORGE Street, Kitchener, Ontario N2G2T2

4 Bedrooms
4 Bathrooms
$999,999
Listing ID #40383115
Basic Details
Property Type : Multi-family
Listing Type : For Sale
Listing ID : 40383115
Price : $999,999
List Date : 05/03/2023
Bedrooms : 4
Bathrooms : 4

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