Exceptional opportunity to own a beautifully updated legal duplex raised bungalow in a peaceful, desirable neighbourhood. Flexible multi-unit living with the ability to reside in one unit and rent the other, or use both as income-producing rental or Airbnb accommodations. This impressive property features two fully self-contained units, each offering its own private entrance, kitchen, bathroom, and separate hydro meter for excellent flexibility and privacy. The upper unit was completely renovated in 2020 and featurs a bright open-concept layout, updated kitchen with modern appliances, spacious bedrooms, and a beautifully refreshed bathroom. The lower unit, professionally added in 2021, offers a thoughtfully designed two-bedroom suite complete with a stylish kitchen, modern bathroom, and generous storage including two sheds, added in 2023 and 2023, for additional storage for tenants. This turnkey property offers exceptional versatility and strong income potential. Conveniently located close to public transit, major highways, shopping, and 10 minutes to Wilfrid Laurier and Waterloo Universities. As an added bonus, 2 sets of appliances, 2 sheds, and all furniture from the lower unit are included, and upper-level furniture can be negotiated as part of an offer, making this an outstanding move-in-ready investment opportunity. Legal duplexes of this quality and condition rarely come available. (id:374)
| MLS # | 40869736 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Year | 1957 |
| Days On Site | 17 |
| Listing Provided By | Royal LePage State Realty Inc. | Sylvia Eckert |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,554 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | R2B |
| Cooling | Central air conditioning |
|---|---|
| Heating | Forced air, Natural gas |
| Appliances | Freezer, Window Coverings |
| Fireplace Yes / No | No |
| Security Features | Smoke Detectors |
|---|---|
| Lot Features | Paved driveway |
| Foundation Details | Poured Concrete |
| Parking Total | 5 |
|---|
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 3188.14 |
|---|
| Province | ON |
|---|---|
| City | Kitchener |
| Postal Code | N2M3W7 |
| Community Name | 325 Forest Hill |
| Listing VS Median (in 325 Forest Hill) | |
Price: $675,000 low | high Med: $548,500 sqft: 1,554 low | high Med: 1,481 $ / sqft: $434 low | high Med: $382 On site: 17 low | high Med: 27 | |
| Province | ON |
|---|---|
| City | Kitchener |
| Postal Code | N2M3W7 |
| Community Name | 325 Forest Hill |
| Listing VS Median (in 325 Forest Hill) | |
Price: $675,000 low | high Med: $548,500 sqft: 1,554 low | high Med: 1,481 $ / sqft: $434 low | high Med: $382 On site: 17 low | high Med: 27 | |