THE UNICORN! Purpose Built Duplex With Accessory/In-Law Suite! 100% VACANT POSSESSION ON CLOSING! Stop fighting old leases and inherited tenants. 253 Sydney St S is a solid brick, purpose-built Legal Duplex + finished basement accessory suite offering the ultimate "Blank Slate" in Kitchener's desirable Rockway neighborhood. THE OPPORTUNITY: Set your own market rents from Day 1. Perfect for Investors, House-Hackers, or Multi-Generational families. UNIT BREAKDOWN: MAIN UNIT: Vacant. 2-Bed, 1-Bath or 3-Bed. 2-Bath (with in-law suite together). Features backyard access, in-suite with laundry, and a 1-car garage. UPPER UNIT: Vacant. 2-Bed, 1-Bath. Features in-suite laundry and dedicated carport parking. LOWER LEVEL: 1-Bed, 1-Bath accessory suite with laundry. Ideal for extended family or mortgage helper. THE STRATEGY: INVESTORS: Run your own tenant selection and maximize your Cap Rate immediately. Enjoy value add potential with the existing in-law suite to a legal triplex conversion. HOUSE-HACKERS: Live in one unit and let the other two pay your mortgage! MULTI-GENERATIONAL: Separate kitchens, separate laundry, and separate entrances-keep the family close with total privacy. THE LOCATION: Commuter's dream. Seconds to Hwy 7/8 Expressway, the LRT, Rockway Golf Course, and Downtown Kitchener's Tech Hub. MECHANICS: Separately metered Hydro between Upper and the Main/Lower units. Gas/Water shared on single meter. Purpose-built multi-unit properties with FULL VACANT POSSESSION premium assets are incredibly rare. Why wait for the next opportunity while the unicorn is right here! (id:61852)
| MLS® Number | X12846268 |
| Property Type | Multi-family |
| AmenitiesNearBy | Golf Nearby, Park, Place Of Worship, Public Transit, Schools |
| CommunityFeatures | Community Centre |
| ParkingSpaceTotal | 2 |
| Structure | Deck, Porch, Shed |
| BathroomTotal | 3 |
| BedroomsAboveGround | 4 |
| BedroomsBelowGround | 1 |
| BedroomsTotal | 5 |
| Age | 51 To 99 Years |
| Amenities | Separate Electricity Meters |
| Appliances | Garage Door Opener Remote(s), Water Softener, Dryer, Stove, Water Heater, Washer, Refrigerator |
| BasementDevelopment | Finished |
| BasementFeatures | Separate Entrance |
| BasementType | Full, N/a (finished), N/a |
| CoolingType | None |
| ExteriorFinish | Brick |
| FireProtection | Smoke Detectors |
| FireplacePresent | Yes |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 1100 - 1500 Sqft |
| Type | Duplex |
| UtilityWater | Municipal Water |
| Attached Garage | |
| Garage |
| Acreage | No |
| FenceType | Partially Fenced |
| LandAmenities | Golf Nearby, Park, Place Of Worship, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| SizeDepth | 99 Ft ,6 In |
| SizeFrontage | 47 Ft ,9 In |
| SizeIrregular | 47.8 X 99.5 Ft |
| SizeTotalText | 47.8 X 99.5 Ft |
| ZoningDescription | R2b |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 2.3 m | 3.07 m | 2.3 m x 3.07 m |
| Second Level | Living Room | 3.32 m | 4.15 m | 3.32 m x 4.15 m |
| Second Level | Bathroom | 1.5 m | 2.52 m | 1.5 m x 2.52 m |
| Second Level | Kitchen | 2.68 m | 2.53 m | 2.68 m x 2.53 m |
| Second Level | Bedroom 2 | 2.36 m | 2.54 m | 2.36 m x 2.54 m |
| Basement | Kitchen | 2.32 m | 3.16 m | 2.32 m x 3.16 m |
| Basement | Bathroom | 0.83 m | 2.03 m | 0.83 m x 2.03 m |
| Basement | Bedroom | 2.59 m | 3.35 m | 2.59 m x 3.35 m |
| Basement | Living Room | 3.3 m | 4.12 m | 3.3 m x 4.12 m |
| Basement | Bedroom | 2.59 m | 3.35 m | 2.59 m x 3.35 m |
| Main Level | Kitchen | 2.52 m | 3.46 m | 2.52 m x 3.46 m |
| Main Level | Bedroom 2 | 3.07 m | 2.27 m | 3.07 m x 2.27 m |
| Main Level | Bathroom | 2.56 m | 1.51 m | 2.56 m x 1.51 m |
| Main Level | Living Room | 4.13 m | 3.3 m | 4.13 m x 3.3 m |
| Main Level | Bedroom | 3.61 m | 3.16 m | 3.61 m x 3.16 m |
https://www.realtor.ca/real-estate/29428839/253-sydney-street-s-kitchener
Contact us for more information
Nathan Loganathan
Broker