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MLS® X13054494

Overview

Key Facts

Type 
Levels Commercial Sale
Size -
Garage None
Taxes $6,661
Days Active 0
Lot Size 
Approx. Age 
MLS® Number X13054494

Property Address: 7 Balmoral Dr, Kitchener, ON, N2M2J7

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

Description

Fantastic opportunity to own a FULLY VACANT PURPOSE-BUILT TRIPLEX! in desirable Belmont Village, steps from Catalyst HIGH TECH HUB, offering both immediate flexibility and strong income potential. This well-maintained property features three Bright & SPACIOUS units, including two upper 2bdrm units and a basement 1bdrm unit where owner is starting renovations to convert it to a 2-bedroom layout - creating even greater future rental possibilities!Large windows fill each unit with natural light, while practical layouts create homes that feel open, comfortable and highly functional for everyday living, The upper and middle units also feature a WALK OUT BALCONY. Each unit is separately metered for hydro. All units will be vacant on closing, providing the flexibility to set market rents and maximize returns from day one. There is also parking for six vehicles, offering excellent convenience for tenants or future owners. Extra shed in the parking lot for extra storage! Recent upgrades include updated flooring, new roof shingles (2020), ensuring low ongoing maintenance and long-term value. There's also coin operated laundry, offering an additional revenue stream. GENEROUS LOT SIZE allowing potential of adding a 4th unit.The property is conveniently located near schools, parks, shopping, hospital , public transit and major commuter routes, making it highly appealing for both tenants and homeowners. Whether you're an investor or looking for a multi-unit property with flexibility and long-term potential, this is a great opportunity in a high-demand rental area close to transit, amenities, and everyday conveniences.With all units vacant, buyers have the rare advantage of setting their own rents and selecting tenants, or even occupying one unit while generating income from the others.Show Description
MLS® NumberX13054494
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNone
Approx. Age
BasementNone
DrivewayGarage Type:None
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

00/00/0000End Date
$XXX,XXXSold Price
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00/00/0000List Date
$XXX,XXXList Price
00/00/0000End Date
$XXX,XXXSold Price
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Home Estimate Zoopraisal®

This property is estimated to sell between: $780,000 and $960,000.
Similar properties in this area sold on average for: $780,000
Expected to sell in 16 days. Similar properties sold in 16 days. This home has been on Zoocasa for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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