$799,000 FOR SALE

Duplex 2 1/2 Storey

Bedrooms: 5+1Bathrooms: 3Lot: 32.25 x 91.15 ft
2023 Taxes: $5,006

32 Simeon St
Kitchener, ON N2H 1S1 | Waterloo

This property is perfect for Investors/buyers who appreciate distinguished homes and seek supplementary rental income or investment opportunities. Classic charm meets modern potential in this turn-key cash flow property, located in a prime downtown neighborhood. With a legal duplex and a basement in-law suite featuring a separate exit, this property offers versatile living arrangements. Plus, enjoy the convenience of three dedicated parking spaces in the back. This property boasts an impressive rental income of $4,550.00 per month, with a breakdown of $2,100.00 for the 3-bedroom unit, $1,900.00 for the 2-bedroom unit, and $550 for the in-law suite in basement. Tenants cover hydro costs, and the high-efficiency hot water boiler helps keep heating expenses low. All rental units are currently on a month-to-month basis, offering flexibility for new ownership. Financials are available upon request, and you'll find clean, low-maintenance units. Don't miss out on this unique opportunity!

Extras
Recent upgrades include updated electrical work (ESA approved) with two new panels and 120 AMP service, along with upgraded plumbing. The property features a total square footage of 2,248 sq ft.

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Listed By LUXE HOME TOWN REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9391148
Last Updated Oct 10, 2024
Property Summary
Property Type Duplex

More like this:
PIN 225170095
Legal Description lot
Possession Date Immediate
Taxes (2023) $5,006
Assessment (2023) $413,000
Directions/Cross Streets Frederick St/ Simeon St
Area Waterloo
Price History
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Detailed Information
Fronting On E
Property Features Library, Park, Place Of Worship, Public Transit, School, School Bus Route
Special Designations Unknown
Bedrooms 5+1
Bathrooms 3
Rooms 9+1
Kitchens 2+1
Lot 32.25 x 91.15 ft
Exterior Brick, Vinyl Siding
Air Conditioning Window Unit
Family Room Y
Fireplace/Stove N
Pool None
Basement Finished, Sep Entrance
Drive Private
Garage Spaces 0.0
Garage Type None
Parking Spaces 3
Total Parking Spaces 3.0
Heat Source Gas
Heat Type Forced Air
Sewers Sewers
Utilities-Hydro A
Utilities-Gas A
Utilities-Cable A
Utilities-Telephone A
Water Municipal
Zoning R2B DUPLEX
Seller Property Info Statement N
Rooms
Room Level Dimensions Notes
KitchenMain3.96 m x 2.24 m (12.99 ft x 7.35 ft)
DiningMain2.44 m x 2.34 m (8.01 ft x 7.68 ft)
BrMain3.86 m x 3.3 m (12.66 ft x 10.83 ft)
BrMain3.86 m x 3.3 m (12.66 ft x 10.83 ft)
BathroomMain
Br2nd3.35 m x 3.33 m (10.99 ft x 10.93 ft)
Br2nd3.48 m x 2.74 m (11.42 ft x 8.99 ft)
Br2nd3.35 m x 3.33 m (10.99 ft x 10.93 ft)
Kitchen2nd3.71 m x 4 m (12.17 ft x 13.12 ft)
KitchenBsmt3.71 m x 4 m (12.17 ft x 13.12 ft)
BrBsmt6.1 m x 3.05 m (20.01 ft x 10.01 ft)
LivingBsmt5.31 m x 3.66 m (17.42 ft x 12.01 ft)
Bathrooms
Pieces Level
3Main
3Bsmt
42nd

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