Address
24 Edgewood Drive, Kitchener, ON
Price
$ 1,060,000
Property Attributes
  • ID#40542654
  • TypeMulti-Family
  • CountyKITCHENERWATERLOO
  • CityKitchener
  • AreaWaterloo
  • NeighborhoodVictoria Hills
  • ZipN2M 2A1
  • Style
  • Price$ 1,060,000
  • Bedrooms4
  • Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1800
Data Source:
RLP - CREA EN
Property Description

Legal Duplex! Purpose-built new in 2022. Conveniently located in Victoria Hills, close to all amenities. Property backs onto Belmont Park. Timeless open concept layouts in both units, outfitted with 9-foot ceilings in the basement. Natural light soaks in through the large windows. Each unit features its own private deck. Other features you'll love include the walk-in closets and the designer kitchens with quartz counters. Both units have signed leases, boasting a gross annual income of $54,000. Each unit has 2 beds and 1 bath. Lower unit comprises main and basement levels and includes garage. Upper unit comprises second level. Utilities in each unit are separately metered and tenants pay their own utilities. The discerning investor will realize the income potential of this newer, low maintenance property with no interior common areas to maintain. The neighbouring property (26 Edgewood Drive) is also available. Photos of Unit #2 are from 26 Edgewood Drive (same layout and finishes, but mirror reversed).

General Features

Zoning RES-4
Garage yes
Terms SALE
Parking yes
Inclusions Built-in Microwave,Carbon Monoxide Detector,Smoke Detector
Parking Spaces 3

Interior Features

Bedrooms 4
Beds 4

Exterior Features

Lot Frontage 26.00

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in N2M 2A1

Price
AVG $1.06M
$1.06M
Visits
AVG 210
144
Data Provided by Inside Real Estate®
Year Built
AVG 2022
2022