270 CLIFTON Road , Kitchener ON N2H 4W2

Sale $899,900.00  | 
Listing # 40103428
null null null
Mike Milovick

Team Milovick

Phone:  519.745.7000
Fax:  519.745.8460

Royal LePage Grand Valley Realty, Brokerage (Independently owned and operated)

Brokerage

15C - 370 HIGHLAND ROAD WEST
Kitchener,  ON N2M5J9

Remarks:

Nearly $42,000 Gross Annual Income Available Here! This clean, purpose-built triplex beckons for your immediate attention. This is NOT a drive by. Nice improvements including: vinyl windows, aluminum soffits, fascia and eavestroughs, water softener (2020), picket fence (2018), separate electrical meters. Renovated basement unit. New, vinyl clad storage shed. Note oversized basement level windows. Easily accessed parking provides for four parking spots.A truly turn key operation that generates strong, positive cash flow with just 35% down! Current rents: $1295, $1350 and $842. Coin laundry machines provide for an additional income stream. Investor work sheet with full financials available. Across from Guelph Street Park. 100 M from Lancaster Street and its restaurants, boutiques, amenities as well as public transit. Quick drive to Expressway, Easy walk to Downtown Kitchener. Looking for an opportunity to enter into the lucrative Kitchener-Waterloo real estate investment market? This is The One.
Inclusions:  SMOKEDETECTOR
Exclusions:  Tenants' Possessions

Investment

Lot Frontage: 46.95 Feet
Built in: 1960
Bedrooms: 5
Zoning: R6

Property Features:

Acres Range: < 0.5
Basement Finish: Partially Finished
Basement Type: Full Basement
Construction Materials: Brick
Features Area Influences: Downtown , Major Highway , Public Transit , Schools , Shopping Nearby
Foundation Detail: Poured Concrete
Heating: Forced Air , Gas
Interior Features: Water Softener
Laundry Features: Coin Operated , Laundry Room
Lease To Own Equipment: None
Parking Features: Asphalt
Roof: Asphalt Rolled
Security Features: Smoke Detector(s)
Sewer: Sewer (Municipal)
Under Contract: Hot Water Heater
Water Source: Municipal