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MLS® 40825898

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 2330 sqft
Garage Yes
Taxes $5,969
Days Active 0
Lot Size 
Approx. Age 1986
Avg. Price Per Sqft $386
MLS® Number 40825898

Property Address: 40 Old Maple Lane, Kitchener, ON, N2N2L2

Average square foot calculated using Size range provided by listing agent.

Description

Investors, take note! Prime Investment Opportunity. Add a premium, turn-key asset to your real estate portfolio with this meticulously maintained legal duplex in the highly desirable Forest Heights, Kitchener. With evident pride of ownership and zero deferred maintenance, this property offers incredible cash-flow potential, high-quality finishes, and an unbeatable location that guarantees low vacancy rates. The upper residence is perfectly designed to attract and retain long-term, high-quality family tenants. The layout features a formal living room, an elegant dining room, and a spacious kitchen with a breakfast nook. A sunlit family room with a gas fireplace and walk-out access to a private deck adds premium appeal. Upstairs, tenants will find four generously sized bedrooms, including an expansive primary suite with a walk-in closet and a luxurious 4-piece ensuite featuring a soaking tub. A 2.5-bath layout ensures maximum rental value. The lower-level residence is not your average basement unit. This spectacularly designed, self-contained suite is a full walk-out, flooded with natural light through oversized windows—a feature that commands top-tier rent. The sprawling layout includes a massive recreation room, a dedicated dining area, and a kitchen featuring an abundance of cabinet space rarely seen in secondary suites. With two remarkably large bedrooms, a full 4-piece bathroom, and the highly desirable addition of private in-suite laundry, this unit is truly move-in ready for A+ tenants. The strategic, high-demand location drives value, and Forest Heights delivers. Situated on a mature, quiet street, the property is surrounded by excellent schools and community parks. The convenience factor for commuting tenants is unmatched: it is just minutes away from the vibrant Boardwalk shopping district, public transit hubs, and offers immediate access to Highway 7/8 for seamless travel across the Waterloo region or GTA. Secure your next great investment today!Show Description
MLS® Number40825898
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1986
BasementSeparate Entrance, Walk-Out Access, Full, Finished, Sump Pump
DrivewayAttached Garage, Garage Door Opener
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
Sep 9, 2023End Date
-Sold Price

Expired

Aug 15, 2023List Date
$1,130,000List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
40 Old Maple Lane, Kitchener, ON

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