$799,300
Available - For Sale
Listing ID: X13423352
72 Florence Avenue , Kitchener, N2A 2K8, Waterloo
| Legal Duplex + In-Law Suite | High Upside Investment Opportunity Exceptional income property offering a legal duplex with an in-law suite, ideal for investors or multi-generational living. Currently generating strong rental income with three self-contained units, this property also features significant future development potential. The property includes. Spacious 5-bedroom, 2-washroom unit3-bedroom, 1-washroom unit Studio unit Additional highlights include a large 300 sq. ft. insulated and heated garage with separate access-perfect for storage or a home-based business-along with three driveways accommodating up to 14 vehicles, a rare find. Located just minutes from **Highway 8 and approximately 5 minutes to **Highway 401, this property offers excellent connectivity and is close to major shopping centers, amenities, and transit .Future potential includes a partially renovated basement with the possibility of a 3-bedroom, 2-washroom unit with separate entrance, as well as an unfinished second floor offering additional development opportunities. A rare opportunity combining current income, strong cash flow, and long-term upside in a high-demand Kitchener location. |
| Price | $799,300 |
| Taxes: | $7191.00 |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 72 Florence Avenue , Kitchener, N2A 2K8, Waterloo |
| Directions/Cross Streets: | Huber St /Florence |
| Rooms: | 11 |
| Rooms +: | 3 |
| Bedrooms: | 8 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Partially Fi, Separate Ent |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Main |
| Washroom Type 2 | 4 | Main |
| Washroom Type 3 | 4 | Main |
| Washroom Type 4 | 4 | Second |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Duplex |
| Style: | 2-Storey |
| Exterior: | Brick, Vinyl Siding |
| Garage Type: | Attached |
| Drive Parking Spaces: | 14 |
| Pool: | None |
| Approximatly Square Footage: | 3000-3500 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
| Utilities-Hydro: | Y |
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| RE/MAX REALTY SERVICES INC. |
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At a Glance:
| Type: | Freehold - Duplex |
| Area: | Waterloo |
| Municipality: | Kitchener |
| Neighbourhood: | Dufferin Grove |
| Style: | 2-Storey |
| Tax: | $7,191 |
| Beds: | 8 |
| Baths: | 4 |
| Fireplace: | N |
| Pool: | None |
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