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Maybelline Di Giovanni

hello@soldbymaybelline.com +1(888) 311-1172

Listed by Scott Benson • Real Broker Ontario Ltd.

$ 940,000

Est. payment | -/mo

6 Beds

3 Baths

1,861 SqFt

Save Virtual Tour

$ 940,000

Est. payment | -/mo

Save Virtual Tour

6 Beds

3 Baths

1,861 SqFt

Open House

Sat Jul 18, 2:00pm - 4:00pm

Sun Jul 19, 12:00pm - 2:00pm

Key Details

Property Type Multi-Family

Sub Type Multi-3 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 1,861 sqft

Price per Sqft $505

MLS Listing ID 40848761

Bedrooms 6

Abv Grd Liv Area 1,861

Annual Tax Amount $5,792

Property Sub-Type Multi-3 Unit

Source Cornerstone

Property Description

Cash Flow. Flexibility. Future Potential. Welcome to 80 Jackson Avenue, Kitchener-a rare opportunity to own a legal triplex on an oversized 66x165ft lot in one of Kitchener's most convenient locations.Whether you're looking to expand your investment portfolio, offset your mortgage by living in one unit, or create the ideal multi-generational family compound, this property offers exceptional versatility. With the potential to generate over $6,000 per month in rental income, this is a cash-flow-positive investment that can help build your wealth while you sleep. With two vacant units and the third unit rented at market rent the possibilities are endless.The thoughtfully converted bungalow features three legal self-contained units with modern finishes and in-suite laundry:- A bright and spacious 3-bedroom main floor apartment with an oversized eat-in kitchen, generous living space, and abundant natural light.- A well-appointed 2-bedroom lower-level apartment, ideal for long-term tenants.- A unique split-level 1-bedroom unit featuring an open-concept layout, soaring vaulted ceilings, skylights, and direct access to the backyard-offering a living experience that stands out from the typical rental.The opportunities don't stop there. Sitting on a massive lot, the property offers exciting potential to add an Additional Dwelling Unit (ADU) (subject to municipal approvals), creating another income stream and increasing your long-term return on investment.Located in a quiet, established neighbourhood with access to Highway 7/8 in three minutes or less. The Kitchener Memorial Auditorium Complex, shopping, schools, parks, public transit, and countless nearby amenities make this a location tenants love, investors value and anyone would like to call home.

Location

Province ON

County Waterloo

Area 2 - Kitchener East

Zoning RES-4

Rooms

Basement Full, Finished

Kitchen 0

Interior

Heating Electric, Forced Air, Natural Gas, Heat Pump

Cooling Central Air

Fireplace No

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

Laundry In-Suite

Exterior

Roof Type Asphalt Shing

Lot Frontage 66.0

Lot Depth 165.0

Garage No

Building

Lot Description Highway Access, Park, Schools, Shopping Nearby

Story 1

Foundation Block, Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 1

Structure Type Brick,Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 225760078

Ownership Freehold/None

Nearby Locations

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80 Jackson Avenue Kitchener, ON N2H 3P1