828 Stirling Avenue S
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$899,900 Sale
Listed 27 days ago
· 7
· 5
· 6
· 2844
Key Facts
Key facts for 828 Stirling Avenue S
Property Type
0 garage, Private Drive Double Wide 6 parking
2844 sqft
Separate Entrance,Full,Finished
Listed on
Lot size
Days on Market
Year Built
Maintenance Fee
Attention Investors! Welcome to an exceptional opportunity combining turnkey convenience with value-added potential in Kitchener West. Discover this Triplex, generating $5900/mth with an option to increase to $6900/mth, a rare gem which packages two complete homes into one with the potential to expa...nd into 4 Units. The front home presents a 1.5-storey residence with a full basement, offering the potential for conversion into a 4th Basement Unit. The rear 2019 Construction home is a lucrative cash generator, featuring a well-designed and spacious Up/Down Duplex enhanced with modern finishes, and exempt from rent control regulations. Take advantage of Kitchener's robust rental market with market-rate rental increases every year. Totaling 7 beds/5 baths across three separate dwelling units, each with its own entrance, in-suite laundry, central air, over 3500 square feet of total living space, and parking for 6 vehicles, this property is packed with value and can generate up to $6,800/mth with the current tenants. Unit A features 2-bed, 1-bath 900sf home and partially finished basement, rented for $2,050. Unit B boasts a 2019-built sunlit 3-bed, 2.5-bath 2-storey home that opens up to a back deck and backyard, rented for $2,275. Unit C includes a bright open-concept 2-bed, 1-bath basement unit with 7'9" ceilings, large windows, and private entrance, rented for $1,575. Ideally situated just off Hwy 8 and Homer Watson near public transit, the ION Train, shopping, restaurants, and essential amenities at the Alpine Centre, and CF Fairview Mall, and just minutes from Downtown Kitchener and Uptown Waterloo. Don't miss this opportunity to generate substantial income from this expansive triplex and maximize its value by adding a 4th Unit and building your equity! *Sold conditional awaiting deposit*, Directions:Avalon Place/ Stirling Ave S, Exclusions:
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Listing courtesy of: Keller Williams Signature Realty, Brokerage