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Duplex Up/DownMLS® 40867437

25 Meinzinger Avenue, Kitchener ON N2T 3T3

Downtown/Rockway/S. Ward, Kitchener, N2T 3T3

$629,900

4Bedrooms
2Bathrooms
1,551Sq ft
3Parking
1Storeys
Duplex Up/DownType
4Days on market

The home

About this property

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.

Specifications

Property details

Property type

Residential Income

Lot

51 x 131.3 ft

Taxes

$4,471 (annual)

Heating

Forced Air, Natural Gas

Cooling

None

Basement

Separate Entrance, Full, Unfinished

Parking

3 total

Days on market

4

What's included

Features and amenities

Interior

None

Lot

Highway AccessParkPlace of WorshipPlayground NearbyPublic TransitTrails

Appliances

RefrigeratorStove

Where it sits

Location

Pin placed at the coordinates supplied by the MLS® System.

Listed by Dustin Forrester, ROYAL LEPAGE CROWN REALTY SERVICES INC. (the Cornerstone Association of REALTORS®).

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Presented by Rebecca Dorey, Sales Representative, RE/MAX Solid Gold Realty (II) Ltd., Brokerage. Each office independently owned and operated.