Investors and house hackers, take note! 25 Meinzinger Ave. is an updated duplex on a generous 51 x 131 ft lot, with the cities new flexible zoning (SGA-1) in Kitchener's established Southdale neighbourhood. Featuring two self-contained, income-ready suites, that previous generated almost $50,000.00 in gross annual rent, that provide the flexibility to live in one while the other pays down your mortgage, plus a separate entrance to the basement, offering potential for a future third suite and added income! Each suite features their own private entry, 2 bedrooms, a full bathroom, and separate living and dining areas, all finished with carpet-free flooring, a modern kitchen with generous cabinetry, and an updated bathroom. Dedicated parking for each unit, on-site laundry, and an expansive shared backyard round out a setup designed for easy management and long term tenant appeal. Minutes to Highway 8, local transit, Zehrs, Queen Elizabeth Public School, and neighbourhood parks, this is a turn-key, centrally located multi-family asset with strong fundamentals and real upside. (id:13843)
| MLS # | 40867437 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 18 |
| Listing Provided By | ROYAL LEPAGE CROWN REALTY SERVICES INC. | DUSTIN FORRESTER |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,551 |
| Basement | Y |
| Story(s) | 1 |
| Units | 2 |
| Zoning | SGA-1 |
| Cooling | None |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
| Parking Total | 3 |
|---|
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 4471.07 |
|---|
| Province | ON |
|---|---|
| City | Kitchener |
| Postal Code | N2T3T3 |
| Community Name | 311 Downtown/Rockway/S. Ward |
| Listing VS Median (in 311 Downtown/Rockway/S. Ward) | |
Price: $629,900 low | high Med: $299,900 sqft: 1,551 low | high Med: 950 $ / sqft: $406 low | high Med: $316 On site: 18 low | high Med: 24 | |
| Province | ON |
|---|---|
| City | Kitchener |
| Postal Code | N2T3T3 |
| Community Name | 311 Downtown/Rockway/S. Ward |
| Listing VS Median (in 311 Downtown/Rockway/S. Ward) | |
Price: $629,900 low | high Med: $299,900 sqft: 1,551 low | high Med: 950 $ / sqft: $406 low | high Med: $316 On site: 18 low | high Med: 24 | |