171 Eighth Ave
Kitchener, N2C 1S5
FOR SALE
$958,000
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6 + 2
BEDROOMS3
BATHROOMS1 + 1
KITCHENS6
ROOMSX11916676
MLSIDContact Us
Property Description
LEGAL DUPLEX Prime Investment Opportunity Near Fairview Mall, Kitchener!This solid brick duplex offers a total of 6+2 bedrooms, 3 full bathrooms, and 10+ parking spaces, making it perfect for investors or families seeking a live-and-rent option. The main floor features a bright, spacious living room filled with natural light, alongside a modern kitchen with quartz countertops and backsplash. Two bedrooms and a 4-piece bathroom complete this level. The second floor boasts four generously sized bedrooms and another 4-piece bathroom. The basement offers additional income potential with its separate living space, including two bedrooms, a kitchen, a 3-piece bathroom, and a laundry area.This property also includes a double detached garage and a large front and backyard for family enjoyment and future development. Located within walking distance to Fairview Mall, the LRT, and public transit, with easy access to Highways 7, 8, 85, and 401. Plus, it's just a short drive to Conestoga College. Don't miss out on this fantastic opportunity!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-07-06 | 2023-07-14 | 8 | $849,000 | $900,000 | Sold |
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Property Details
Street
City
Property Type
Duplex, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
51' x 132'
Acreage
< .50
Fronting
West
Taxes
$4,977 (2024)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
8
Driveway
Pvt Double
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 11.48' x 12.73' | Quartz Counter |
| Living | Main | 12.93' x 14.57' | Vinyl Floor |
| Br | Main | 11.52' x 11.75' | Vinyl Floor |
| Br | Main | 9.74' x 11.75' | Vinyl Floor |
| Br | 2nd | 12.93' x 14.50' | Vinyl Floor |
| 2nd Br | 2nd | 11.58' x 12.76' | Vinyl Floor |
| 3rd Br | 2nd | 11.52' x 11.68' | Vinyl Floor |
| 4th Br | 2nd | 11.75' x 13.68' | Vinyl Floor |
| Laundry | Bsmt | 10.07' x 12.50' | |
| Br | Bsmt | 9.68' x 11.75' | Vinyl Floor |
| Br | Bsmt | 13.45' x 11.38' | Vinyl Floor |
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Listing contracted with Right At Home Realty
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LEGAL DUPLEX INVESTMENT OPPORTUNITY with a potential 6%+ CAP rate. Stunning registered legal duplex on a quiet, kid-friendly street court with a coveted corner lot and parking for 5 cars. The Upper Level Unit features 4 bedrooms, 1.5 bathrooms, an upgraded kitchen with granite countertops, plus an office that could be used as a 5th bedroom. New furnace and A/C for the Upper Unit installed Oct. 2024. The separately metered Lower Unit offers 2 bedrooms, 1 bathroom, a separate laundry, and large above-ground windows for natural light. The Lower Unit is currently occupied with tenants willing to accommodate the buyer's preference of staying or moving. Enjoy the fenced backyard with mature maple trees for privacy, a 10x12 garden shed, and a huge screened-in catio that can also be used as a covered deck. This property also backs onto greenspace with a forest, pond, and trails, offering a serene setting. Located close to public and Catholic schools, and just a 15-minute drive to two universities and a college. This home is an excellent opportunity for families or student rentals. Don't miss out on this unique property - book your showing today! Offers are accepted at any time!
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