115 MARLBOROUGH AVENUE new Save Request In-Person Tour Request Virtual Tour
Kitchener,ON N2M1H7
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $497
MLS Listing ID X12297553
Bedrooms 5
Source OnePoint Association of REALTORS®
Property Description
Purpose-Built Triplex in the St. Marys Hospital Neighbourhood! This upgraded triplex backs directly onto Admiral Park with convenient park access, 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 unit also features a walkout balcony, adding to its 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. A unique feature of this property is the three elongated single car garages, one dedicated to each unit, along with a loft area that offers additional income potential. There is also parking for approximately seven vehicles, offering excellent convenience for tenants or future owners. Recent upgrades include updated flooring, select plumbing improvements, roof shingles on the main building (2021), and a new garage roof (2024), ensuring low ongoing maintenance and long-term value. Ideally located near transit, parks, hospitals, and major amenities, this triplex is a strong income generator in a thriving neighbourhood. With significant upgrades already completed and all units ready for occupancy, this is a low-risk, high-reward investment opportunity with lasting potential. (id:24570)
Location
Province ON
Rooms
Kitchen 3.0
Extra Room 1 Second level 4.38 m X 2.33 m Kitchen
Extra Room 2 Second level 5.13 m X 4.13 m Living room
Extra Room 3 Second level 3.93 m X 3.54 m Bedroom
Extra Room 4 Second level 3.84 m X 3.54 m Bedroom 2
Extra Room 5 Second level Measurements not available Bathroom
Extra Room 6 Basement 4.38 m X 4.26 m Kitchen
Interior
Heating Forced air
Cooling Window air conditioner
Exterior
Parking Features Yes
View Y/N No
Total Parking Spaces 7
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Others
Virtual Tour https://youriguide.com/115_marlborough_ave_kitchener_on/