$849,000

Investment For Sale In Pioneer Park, Kitchener, Ontario

$849,000

Property Information:

Legal Duplex with Excellent Rental Income in Prime Location. Recently inspected by city official. Welcome to 11 Van Horne Place, a beautifully maintained legal duplex offering a rare blend of flexibility, location, and steady cash flow. 3+3 bedroom, 2-bathroom home is tucked away on a quiet cul-de-sac in a family-friendly neighbourhood and features two fully self-contained units each with private entrances, full kitchens, in-suite laundry, and generous living spaces. The lower unit is currently rented at $2,100/month + 50% of utilities. The upper unit is move-in ready with potential to offset your mortgage. Rental income from the basement can potentially be used toward mortgage qualification. Minutes from Conestoga College, Zehrs Grocery, Fairview Park Mall, schools, parks, and Hwy 401. Large, fully fenced backyard. Let your tenant help cover the mortgage while you build long-term equity.

Inclusions: Hot Water Tank Owned,Fridge, Stove, Washer, Dryer

Exclusions : All Tenant's Belongings

Building Features:

  • Floor Space: 1177 Square Feet

Property Features:

  • Bedrooms: 6
  • Acres Range: < 0.5
  • Basement: Separate Entrance, Full, Finished
  • Construction Materials: Aluminum Siding, Brick
  • Cooling: Central Air
  • Driveway Parking: Private Drive Double Wide
  • Floor Space (approx): 1177 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: Auto Garage Door Remote(s)
  • Laundry Features: In-Suite
  • Lot Features: Irregular Lot, Place of Worship, Playground Nearby, Public Transit, Quiet Area, Schools, Shopping Nearby
  • Lot Frontage: 36.45 Feet
  • Parking Features: Attached Garage
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: R2A
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 3

Courtesy of: TrilliumWest Real Estate Brokerage Ltd.

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