104 Mausser Avenue
Kitchener, N2M 3K5
FOR SALE
$599,900
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4
BEDROOMS 2
BATHROOMS 1
KITCHENS 10
ROOMS X13762798
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Property Description
This versatile 4-bedroom, 2-bathroom home offers the opportunity of modern family comfort, incredible investment potential, or an ideal mortgage-helper setup. The main floor welcomes you with a bright, open-concept layout that effortlessly connects the living spaces to a beautifully updated kitchen with granite countertop, creating the perfect hub for everyday family living. The smart layout features one bedroom on the main floor and two spacious bedrooms upstairs, while the fourth bedroom is located in the basement. The lower level serves as a massive asset, doubling as a spacious family room or converting easily into a completely separate duplex unit. This private basement space comes equipped with its own kitchen, living room, and bathroom, offering an exceptional opportunity to generate rental income to offset your mortgage or house extended family. Outside, the property shines with a large lot situated on a peaceful, quiet street, featuring a detached garage that is perfectly suited to park the car or become a dream workshop, man cave or she shack.
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Property Features
Carpet Free, Central Vacuum, In-Law Capability, On Demand Water Heater, Primary Bedroom - Main Floor
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Property Details
Address
104 Mausser Avenue
City
Postal Code
N2M 3K5
Property Type
Duplex, Duplex
Zoning
RES - 4
Lot Size
45' x 150'
Taxes
$4,021 (2026
Basement
Full
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
4
Garage Type
Detached
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Listing contracted with Re/Max Icon Realty
Legal duplex in a prime area, desirable East Ward. Perfect for entry level investors or adding to existing portfolio. The buyer may choose to live there since one 2 bedroom unit is available. 2 x 2 bedroom units each unit self contained. Recent renovation done including flooring,painting updated kitchen, one window changed. Another finished unit in lower level which the buyer may work on it to make it legalized, now vacant. Corner location close to expressway and shopping, transit. Currently one unit pays 859/month plus hydro(long time there) plus projected rent for another 2 bedroom unit is 1600/month. Developer, builder opportunity to buy next door(87 Lancaster) so it makes good development project
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Legal duplex plus extra unit in a prime area, desirable East Ward. Perfect for entry level investors or adding to existing portfolio. The buyer may choose to live there since one unit is available now. 3 x 1 bedroom units each unit self contained. Recent renovation done including flooring,painting updated kitchen. Close to expressway and shopping,transit. Currently unit 1 pays 1144/month, unit 2 1144/month plus projected rent for another 1 bedroom is 1400/month. Developer, builder opportunity to buy next door(93 Lancaster) so it makes good development project
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INVESTORS, DEVELOPERS & VISIONARIES! THIS ONE DESERVES YOUR ATTENTION! Here is an opportunity to acquire a MU3-ZONED, legally registered duplex in a high-traffic, HIGHLY VISIBLE location with tremendous potential for the right investor. The interior is in need of a significant overhaul, making this an ideal project for an investor or renovator looking to put their own stamp on a property and unlock its full potential. The real opportunity lies in the combination of MU3 zoning, legal duplex status, two separate units, and an exceptionally prominent location. With the right renovation strategy, this property could be transformed into a standout income-producing asset in a location where visibility and accessibility are major advantages. Whether you're looking to renovate and hold, maximize rental income, create a strong long-term investment, or explore the possibilities offered by the zoning, this property offers a compelling canvas for your vision. Properties with this combination of zoning, exposure, and existing legal duplex configuration are not everyday opportunities. The work is real, but so is the potential. Bring your plans. Bring your contractor. Bring your vision. This could be the value-add investment you've been waiting for.
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LEGAL DUPLEX, Great opportunity to make this your own. VACANT POSSESSION AVAILABLE. Mortgage helper, live in one unit and have help paying the mortgage, Great investment, Or multi generational living. This home has so much potential. LOCATION! LOCATION! LOCATION! on a quiet street and only minutes to downtown Kitchener, schools, restaurants, parks, markets and so much more! Private driveway and detached garage. Newer Furnace 2022, 2 separate hydro panels and meters. All appliances "as is" PRICED FOR ACTION, DON'T MISS THIS GREAT OPPORTUNITY!
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