199 Breithaupt St
Kitchener, N2H 5H3
FOR SALE
$990,000
Terminated
$0
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3
BEDROOMS4
BATHROOMS2
KITCHENS12
ROOMSX5989904
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-05-13 | 2023-08-19 | 98 | $990,000 | - | Terminated |
| 2023-05-13 | 2023-06-30 | 49 | $990,000 | - | Suspended |
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Property Description
This Duplex With Commercial Unit Is A Unique Investment Opportunity That Offers Both Residential And Commercial Income Streams. The Property Consists Of Two Residential Units, Each With Its Own Entrance, As Well As A Commercial Unit On The Ground Floor. The Main Floor Residential Unit Is A Cozy One-Bedroom Apartment. The Second & Third Level Residential Unit Is A Spacious Two-Bedroom Apartment, With Ample Living Space, A Full Kitchen, And Two Bathrooms. Both Units Are Currently Vacant, Clean And Recently Updated With Consistent Rental Income Potential. The Ground Floor Commercial Unit Is Also Vacant, Providing A Tremendous Opportunity For Any Entrepreneur Or Investor. The Space Is Versatile And Can Be Used For A Range Of Commercial Purposes, Including Retail, Office, Or Service Business. Overall, This Property Offers A Net Operating Income Of $67,711 Per Year, Making It An Attractive Investment Opportunity For Those Looking To Diversify Their Portfolio And Generate Steady Rental Income
Property Features
Fenced Yard, Hospital, Park, Public Transit, Rec Centre, School
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Property Details
Street
City
Property Type
Duplex, 2 1/2 Storey
Approximate Sq.Ft.
3000-3500
Lot Size
44' x 125'
Lot Irregularities
44.36 X 125.70 X 47.05 X 141.65
Fronting
North
Taxes
$5,368 (2022)
Basement
Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
8
Driveway
Private
Garage Type
None
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Similar Listings
Whether you're a growing family, an investor seeking an income-generating property, or in search of a mortgage-savvy solution, this residence caters to your every need. It offers convenient access to public transit, major grocery outlets, and the expressway. The upper level comprises 4 bedrooms, a 4-piece bath, a 3-piece bath, and a kitchen poised for further enhancements. The lower level presents 2 bedrooms and another 3-piece bathroom. Noteworthy features include separate hydro meters, 2 BONUS rooms off the carport, primed for conversion into additional bedrooms, and a private entrance for the basement unit. Don't let this exceptional opportunity pass you by! Property is being sold as is. This a LEGAL duplex. Vacant possession on closing. The backyard did have a pool that was filled by the previous owner.
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