25 MEINZINGER Avenue
Kitchener, Ontario
MLS® 40867437
$629,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 40867437
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- —
1 / 35Listing description
Investors and house hackers, take note! 25 Meinzinger Ave. is an updated duplex on a generous 51 x 131 ft lot, with the cities new flexible zoning (SGA-1) in Kitchener's established Southdale neighbourhood.
Featuring two self-contained, income-ready suites, that previous generated almost $50,000. 00 in gross annual rent, that provide the flexibility to live in one while the other pays down your mortgage, plus a separate entrance to the basement, offering potential for a future third suite and added income! Each suite features their own private entry, 2 bedrooms, a full bathroom, and separate living and dining areas, all finished with carpet-free flooring, a modern kitchen with generous cabinetry, and an updated bathroom.
Dedicated parking for each unit, on-site laundry, and an expansive shared backyard round out a setup designed for easy management and long term tenant appeal. Minutes to Highway 8, local transit, Zehrs, Queen Elizabeth Public School, and neighbourhood parks, this is a turn-key, centrally located multi-family asset with strong fundamentals and real upside.
Property summary
- MLS® number
- 40867437
- Property type
- Multi-family
- Building type
- Duplex
- Size
- 1,551 sq ft
- Title
- Freehold
- Annual property taxes
- $4,471.07
- Parking
- 3 spaces
- Days on market
- 7 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- None
- Basement
- Unfinished, Full
- Exterior features
- Brick
What would this home cost you?
Based on the $629,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of ROYAL LEPAGE CROWN REALTY SERVICES INC., CAMBRIDGE.
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.