127 Strathcona CRES, Kitchener, ON N2B 2W8
127 Strathcona CRES, Kitchener, ON N2B 2W8
127 Strathcona CRES, Kitchener, ON N2B 2W8
127 Strathcona CRES, Kitchener, ON N2B 2W8
127 Strathcona CRES, Kitchener, ON N2B 2W8
127 Strathcona CRES, Kitchener, ON N2B 2W8
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$ 879,900
Est. payment | /mo

5 Beds

3 Baths

1,229 SqFt


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$ 879,900
Est. payment | /mo
Save

5 Beds

3 Baths

1,229 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 1,229 sqft

Price per Sqft $715

MLS Listing ID 40840981

Bedrooms 5

Abv Grd Liv Area 2,365

Year Built 1967

Annual Tax Amount $6,017

Property Sub-Type Duplex Up/Down

Source Cornerstone

Property Description

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.

Location

Province ON

County Waterloo

Area 2 - Kitchener East

Zoning R2A

Direction Lorraine to Carson to Strathcona

Rooms

Other Rooms Shed(s), Workshop

Basement Separate Entrance, Full, Finished

Kitchen 0

Interior

Interior Features Auto Garage Door Remote(s)

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Appliance Instant Hot Water, Water Softener, Dishwasher, Dryer, Refrigerator, Stove, Washer

Laundry In-Suite

Exterior

Exterior Feature Landscaped

Parking Features Attached Garage

Garage Spaces 2.0

Fence Full

Roof Type Asphalt Shing

Porch Deck, Patio

Lot Frontage 64.0

Lot Depth 105.0

Garage Yes

Building

Lot Description Park, Place of Worship, Playground Nearby, Rec./Community Centre, Schools, Shopping Nearby

Faces Lorraine to Carson to Strathcona

Story 2

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 2

Structure Type Brick Veneer,Wood Siding

New Construction No

Others

Senior Community false

Tax ID 225400110

Ownership Freehold/None

Listed by MCINTYRE REAL ESTATE SERVICES INC.
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127 Strathcona CRES