132 Merner Ave

Kitchener, N2H 1X8
FOR SALE
$1,095,000
Expired
$0
132 Merner Ave, Kitchener
132 Merner Ave
132 Merner Ave
132 Merner Ave
132 Merner Ave
132 Merner Ave
132 Merner Ave
132 Merner Ave
132 Merner Ave
132 Merner Ave
6
BEDROOMS
3
BATHROOMS
3
KITCHENS
20
ROOMS
X9348164
MLSID
Contact Us
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-09-13 2024-12-31 109 $1,095,000 - Expired
2022-03-22 2022-03-29 7 $550,000 $700,000 Sold
Property Description
Turn-Key Legal Triplex With 72K+ Gross Annual Income Potential Located In The Desirable East Ward Neighborhood Of Kitchener. 132 Merner Ave Features A 3 Bed Upper Unit (Vacant), Lower 2 Bed Unit (Tenanted) And Rear Bachelor Unit (Vacant). Spacious Upper 3 Bed Unit Features Open Living/Dining Room Area, Eat-In Kitchen With Pantry, Updated Bathroom, New Paint And In-Suite Laundry. Lower 2 Bedroom Unit Brand New In 2023 Accessible Through The Separate Side Entrance Currently Rented At $2195 With A+ Tenants. Unit Includes 2 Bedrooms, Tiled Shower In The Bathroom, Large Open Concept Living/Dining/Kitchen Area, Stainless Steel Appliances, New Rads, Interconnected Fire Alarms And Large Laundry/Den Area. Rear Bachelor Unit Brand New 2023 With Tiled Bathroom/Shower, In-Suite Laundry, New Appliances, Mini Split Duct For Heat/Ac. Each Unit Has It's Own Hydro Panel, In-Suite Laundry, Sound Proofing, Double Wide Driveway And Double Car Garage With New Doors, New Drainage Systems And More. Prime Location, Condition, And Opportunity! Contact Listing Agent For Financials.
Property Details
Property Type
Triplex, Bungalow
Similar Listings
486 Highland Rd E, Kitchener
6
BEDS
3
BATHS
$1,099,900
FOR SALE
PURPOSE BUILT TRIPLEX. 3 x 2 BEDROOM UNITS. 2 minutes (1KM) to Highway 7/8. On a bus route. 4 minutes to downtown. Fantastic investment opportunity in the heart of Kitchener! This well-maintained 3-unit building features three spacious 2-bedroom units, each with a full kitchen and 4-piece bathroom. The top two units offer private balconies that were renovated Summer of 2024, while tenants enjoy the convenience of shared coin-operated laundry. The chimney was replaced in in January 2025. Each unit is rented out at $2,100 per month excluding utilities in which they pay 1/3 of the total bills every month. Ideally located with easy access to highways, parks, schools, shopping, and more. A great addition to any investor's portfolio or a perfect opportunity for multi-generational living!
DIALOG CONTENT
Would you like to receive Similar Listing Alerts as soon as they are uploaded to MLS®?
How would you rate our website?
Would you like to rate us on Google?
Yes
1436480493