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Renanza Realty
For sale

129 RIVER Road E

Kitchener, Ontario

MLS® 40817090

$959,000

Status
Active
Property type
Multi-family
MLS® number
40817090
Bedrooms
5
Bathrooms
3
Year built
1958

Listing description

Solid brick a purpose-built triplex situated in the heart of Rosemount, a great investment opportunity offering tremendous income potential! This spacious property features a wide corner lot, perfect for future expansion with the possibility of adding accessory units to maximize your return on investment. Two 2 bedroom units are generously sized with brand new balconies, large kitchen and good size bedrooms, over 1000 sq ft of living space.

One bedroom unit in the basement is completely renovated, including bathroom, kitchen, floors and electrical. Features three separately metered units, parking for more than 8 vehicles. Well maintained building with many upgrades and renovations, totaling over $120,000.

00 recently, new shingle roof (2023), new brick chimney, upgrade to electrical panel in utility room, new sanitary mainline within building and through foundation connecting to property line, creating common area in the backyard, new sod (2024), 3 water heaters owned (2023) and much more. Sufficient outdoor parking. Book your showing today!!

Property summary

MLS® number
40817090
Property type
Multi-family
Building type
Triplex
Square footage
2,962 sq ft
Title
Freehold
Built in
1958
Annual property taxes
$4,951.81
Parking
8 spaces · Open, Visitor Parking
Days on market
147 days

Features & details

Heating
Baseboard heaters, Radiant heat, Natural gas
Cooling
None
Basement
Finished, Full
Appliances
Water softener
Exterior features
Brick
Lot features
Paved driveway, Gazebo

What would this home cost you?

Based on the $959,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$4,462 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of CENTURY 21 GREEN REALTY INC, Milton.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.