$1,120,000 FOR SALE

Detached 2 Level

Bedrooms: 2+2Bathrooms: 3Lot: 32 x 0 ft

35 Belmont Avenue W
Kitchener, ON N2M 1L2

Legal duplex with opportunity to add third unit! Purpose-built new in 2023. Timeless open concept layouts in both units, outfitted with 9-foot ceilings on all three levels (including the basement)! Natural light soaks in through the large windows. Each unit features its own private deck. Designer kitchens with quartz counters. Both units have signed leases, boasting a gross annual income of $54,600. Lower unit comprises 2 beds and 1.5 baths. Upper unit comprises 2 beds, 1 bath and garage. Adventurous investors can increase the income generated from this property by adding an accessory dwelling unit. Minor variance approval has already been obtained from the City of Kitchener to build a tiny home in the backyard. Each unit is self-contained with its own furnace, air conditioning, hot water tank and thermostats. Each unit is separately metered and tenants pay their own utilities. (id:47423)

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Listed By CENTURY 21 HERITAGE HOUSE LTD.
Data Provided By Waterloo Region Association of REALTORS®
MLS® Listing Number 40544631
Last Updated Apr 02, 2024
Property Summary
Property Type Detached

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Price History
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Detailed Information
Bedrooms 2+2
Bathrooms 3
Lot 32 x 0 ft
Amenities Nearby Hospital, Park, Public Transit
Equipment Water Heater
Features Paved driveway, Sump Pump, In-Law Suite
Listing Contract Date 2024-02-23
Location Description Head south on Belmont Ave W from Highland Rd W; property is on the right-hand side before Queens' Blvd.
Ownership Type Freehold
# of Parking Spaces 4
Property Type Single Family
Rental Equipment Water Heater
Structures Porch
Transaction Type For sale
Zoning Description RES-4
Building
Appliances Dishwasher, Dryer, Refrigerator, Stove, Washer, Microwave Built-in
Architectural Style 2 Level
Basement Development Finished
Basement Type Full (Finished)
Constructed Date 2023
Construction Style (Attachment) Detached
Cooling Type Central air conditioning
Exterior Finish Brick Veneer, Vinyl siding
Fire Protection Smoke Detectors
Foundation Type Poured Concrete
# of Half Bathrooms 1
Heating Fuel Electric, Natural gas
Heating Type Baseboard heaters, Forced air
Stories Total 2
Type House
Utility Water Municipal water
Rooms
Room Level Dimensions Notes
Primary BedroomSecond level15'8'' x 10'6''
BedroomSecond level16'7'' x 9'3''
4pc BathroomSecond level8'5'' x 7'6''
Utility roomSecond level5'10'' x 4'1''
Dining roomSecond level8'4'' x 7'11''
KitchenSecond level9'7'' x 7'11''
Living roomSecond level18'9'' x 12'4''
BedroomBasement10'1'' x 9'3''
Primary BedroomBasement14'1'' x 9'2''
Utility roomBasement4'11'' x 4'3''
4pc BathroomBasement9'1'' x 5'5''
StorageBasement8'9'' x 7'10''
Living roomMain level18'11'' x 9'8''
Dining roomMain level10'7'' x 10'6''
KitchenMain level10'7'' x 9'6''
2pc BathroomMain level5'6'' x 5'3''
Parking Spaces
Name Spaces
Attached Garage
Land
Total Size under 1/2 acre
Amenities Hospital, Park, Public Transit
Fence Type Partially fenced
Sewer Municipal sewage system

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