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7 Balmoral Drive Kitchener, Ontario N2M 2J7

5 Bedroom 3 Bathroom 2000 - 2500 sqft
None Forced Air

$949,000

Purpose-Built Triplex in the Belmont Village, Waterloo High Tech Hub!! This upgraded triplex in a quiet and desirable neighborhood steps from KW's high-tech community, offering exceptional income potential in a highly desirable location. Purpose-built and thoughtfully designed, the property features two spacious 2-bedroom units, each with private entrances, as well as a bright and generously sized 1-bedroom lower unit with abundant natural light. The upper and middle units also feature a walkout balcony, adding to their appeal. Each unit is separately metered for hydro, with an additional common meter and a shared laundry facility to streamline operations. All units will be vacant on closing, providing the flexibility to set market rents and maximize returns from day one. There is also parking for approximately six vehicles, offering excellent convenience for tenants or future owners. Extra shed in the parking lot for extra storage! Recent upgrades include updated flooring, new roof shingles (2019), ensuring low ongoing maintenance and long-term value. Ideally located near transit, parks, hospitals, and major amenities, this triplex is VACANT and a strong income generator in a thriving and desirable neighbourhood. Don't miss this is low-risk, high-reward investment opportunity with lasting potential! (id:61852)

Property Details

MLS® Number X12682304
Property Type Multi-family
ParkingSpaceTotal 6

Building

BathroomTotal 3
BedroomsAboveGround 5
BedroomsTotal 5
Age 51 To 99 Years
BasementType None
CoolingType None
ExteriorFinish Brick
FlooringType Laminate, Carpeted
FoundationType Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 2000 - 2500 Sqft
Type Triplex
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 120 Ft
SizeFrontage 57 Ft ,2 In
SizeIrregular 57.2 X 120 Ft
SizeTotalText 57.2 X 120 Ft|under 1/2 Acre

Rooms

Level Type Dimensions
Second Level Living Room 3.57 m x 3.94 m
Second Level Dining Room 3.57 m x 3.94 m
Second Level Primary Bedroom 3.4 m x 3.1 m
Second Level Bedroom 2 3.25 m x 3.1 m
Lower Level Living Room 6.4 m x 3.3 m
Lower Level Bedroom 3.3 m x 3.28 m
Lower Level Kitchen 6.4 m x 3.3 m
Main Level Living Room 3.57 m x 3.94 m
Main Level Dining Room 3.57 m x 3.94 m
Main Level Kitchen 3.63 m x 2.44 m
Main Level Primary Bedroom 3.4 m x 3.1 m
Main Level Bedroom 3.25 m x 3.1 m

https://www.realtor.ca/real-estate/29235791/7-balmoral-drive-kitchener

Interested?

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Sana Kasim
Salesperson


Upperside Real Estate Limited
7900 Bathurst St #106
Thornhill, Ontario L4J 0B8

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