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Gurdev Singh Virk

realtorgsvirk@gmail.com +1(647) 530-4840

$ 1,099,900

Est. payment | -/mo

6 Beds

5 Baths

Save

$ 1,099,900

Est. payment | -/mo

Save

6 Beds

5 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

MLS Listing ID X13749670

Style 3-Storey

Bedrooms 6

Annual Tax Amount $7,100

Tax Year 2026

Property Sub-Type Triplex

Property Description

An exceptional investment opportunity in the heart of Kitchener! This beautiful legal century triplex combines timeless character with extensive modern upgrades, offering investors a truly turnkey addition to their portfolio. Ideally located just a short walk from Downtown Kitchener and the Kitchener Market LRT stop, the property provides tenants with convenient access to transit, restaurants, shopping, entertainment and everything the downtown core has to offer. Currently generating an impressive 4.6% cap rate, all three units are occupied by great young professional tenants paying market rents plus utilities, providing strong and reliable income from day one. The property has undergone substantial upgrades, including updated plumbing and electrical, forced-air furnaces, water heaters, roof, windows, aluminum fascia, soffits and eaves. The interiors have also been thoughtfully updated with new kitchens, bathrooms, flooring, stainless steel appliances and much more, creating attractive, comfortable living spaces that appeal to today's tenants. With its combination of legal triplex status, market rents, extensive capital improvements and a highly walkable location, this is a rare opportunity to acquire a well-maintained, income-producing property with the character of a century home and the major updates already taken care of. A fantastic investment in one of Kitchener's most convenient and connected locations!

Location

Province ON

County Waterloo

Area Waterloo

Rooms

Family Room No

Basement Full, Walk-Up, Unfinished

Kitchen 3

Interior

Interior Features Separate Hydro Meter, Separate Heating Controls, Storage, Water Heater Owned

Cooling None

Fireplace No

Heat Source Electric

Exterior

Exterior Feature Porch, Porch Enclosed

Parking Features Private Triple

Pool None

Roof Type Asphalt Shingle

Lot Frontage 66.4

Lot Depth 65.45

Total Parking Spaces 4

Building

Building Age 100+

Foundation Stone

Others

ParcelsYN No

Listed by RE/MAX TWIN CITY REALTY INC.

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(647) 530-4840

realtorgsvirk@gmail.com

Learn More About LPT Realty

114 Church ST Kitchener, ON N2G 2S4