Legal Duplex + In-Law Suite | High Upside Investment Opportunity Exceptional income property offering a legal duplex with an in-law suite, ideal for investors or multi-generational living. Currently generating strong rental income with three self-contained units, this property also features significant future development potential. The property includes. Spacious 5-bedroom, 2-washroom unit3-bedroom, 1-washroom unit Studio unit Additional highlights include a large 300 sq. ft. insulated and heated garage with separate access-perfect for storage or a home-based business-along with three driveways accommodating up to 14 vehicles, a rare find. Located just minutes from **Highway 8 and approximately 5 minutes to **Highway 401, this property offers excellent connectivity and is close to major shopping centers, amenities, and transit .Future potential includes a partially renovated basement with the possibility of a 3-bedroom, 2-washroom unit with separate entrance, as well as an unfinished second floor offering additional development opportunities. A rare opportunity combining current income, strong cash flow, and long-term upside in a high-demand Kitchener location. (id:61852)
| MLS® Number | X13423352 |
| Property Type | Multi-family |
| EquipmentType | Water Heater |
| ParkingSpaceTotal | 12 |
| RentalEquipmentType | Water Heater |
| BathroomTotal | 4 |
| BedroomsAboveGround | 8 |
| BedroomsTotal | 8 |
| BasementDevelopment | Partially Finished |
| BasementFeatures | Separate Entrance |
| BasementType | N/a (partially Finished), N/a |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick, Vinyl Siding |
| FoundationType | Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 3000 - 3500 Sqft |
| Type | Duplex |
| UtilityWater | Municipal Water |
| Attached Garage | |
| Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 122 Ft |
| SizeFrontage | 70 Ft |
| SizeIrregular | 70 X 122 Ft |
| SizeTotalText | 70 X 122 Ft |
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/29879955/72-florence-avenue-kitchener
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Rd Cheema
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