16 Lemonbalm St

INVESTOR OPPORTUNITY!!Welcome to this vacant legal duplex located in a serene, tree-lined neighborhood! Excellent cash flow opportunity in an easy area to find quality tenants; only steps away from a family-friendly park, public transit, restaurants, and minutes from the highway. This cozy, carpet-free home presents a unique opportunity for first time home buyers looking for a mortgage helper, or an investor hoping to choose their own tenants and set their own FMV rents. As you enter the 3 bedroom main floor unit you'll discover a bright, open-concept living/dining/kitchen area bathed in natural light. The kitchen is functional and ready for your personal touch, featuring a cozy breakfast area, ample cabinet storage, and has an excellent layout. This practical unit features main floor laundry, 4-piece bath, and 3 well-sized bedrooms.The 1 bedroom lower unit features an open concept living/kitchen/dining area, has a ton of storage space, and a separate entrance. Insuite laundry and 4-piece bath provide desirable convenience while the tall ceilings guarantee comfort. Pot lights, durable tile flooring, and large windows add to the coziness of this unit.You'll appreciate the spacious fully-fenced backyard with a sizable shed, newer deck, and a ton of privacy. The double-wide asphalt driveway provides ample parking space for residents and guests alike.This home blends comfort and potential, offering a perfect canvas for both first-time buyers and investors alike. The lush greenery surrounding the property enhances its peaceful, natural ambiance within the family-friendly community.Don't miss out on this gem!

NEWLY UPDATED LEGAL DUPLEX - VACANT: Experience the charm of urban living in this thoughtfully updated duplex, ideally situated in central Kitchener's Cherry Hill neighborhood. Ideal for first-time buyers, savvy investors, and house hacking enthusiasts, this property offers a rare blend of substantial investment potential and refined living. This prime investment opportunity features 2 meticulously designed units that seamlessly combine comfort and functionality. The main level boasts a spacious 3-bedroom layout with kitchen, a 4-pce bath, inviting living and dining rooms, and the convenience of in-suite laundry. The lower unit with separate entrance, offers a versatile 3-bedroom layout, complete with an eat-in kitchen, both a 4-pce and a 3-pce bathroom, living room, and in-suite laundry. Outside, an expansive private backyard with mature trees, and no direct rear neighbours creates a serene environment for relaxation or entertaining. Additional highlights include a detached single garage with a storage/workshop area, a shed for extra storage, and parking for up to 4 vehicles, enhancing the property's practicality and appeal. Prime location: surrounded by numerous parks, the nearby Iron Horse Trail, restaurants, shopping centers and close proximity to schools. Just 5 minutes from Grand River Hospital and Google, 3 minutes from St. Mary's Hospital, and 10 minutes from the University of Waterloo and Wilfrid Laurier. Enjoy easy access to major highways, public transit and ION routes, and 7 minutes from the Kitchener GO Transit Station. Don't miss out this exceptional property won't last long!