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129 River Road E Kitchener, Ontario N2B 2G7

5 Bedroom 3 Bathroom 2962 sqft
None Baseboard Heaters, Radiant Heat

$899,000

Solid brick a purpose-built triplex situated in the heart of Rosemount, a great investment opportunity offering tremendous income potential! This spacious property features a wide corner lot, perfect for future expansion with the possibility of adding accessory units to maximize your return on investment.Two 2 bedroom units are generously sized with brand new balconies, large kitchen and good size bedrooms, over 1000 sq ft of living space. One bedroom unit in the basement is completely renovated, including bathroom, kitchen, floors and electrical.  Features three separately metered units, parking for more than 8 vehicles.Well maintained building with many upgrades and renovations, totaling over $120,000.00 recently, new shingle roof (2023), new brick chimney, upgrade to electrical panel in utility room, new sanitary mainline within building and through foundation connecting to property line, creating common area in the backyard, new sod (2024), 3 water heaters owned (2023) and much more. Sufficient outdoor parking. Book your showing today!! (id:35544)

Property Details

MLS® Number 40737778
Property Type Multi-family
AmenitiesNearBy Park, Place Of Worship, Public Transit, Schools
Features Paved Driveway, Gazebo
ParkingSpaceTotal 8
Structure Shed

Building

BathroomTotal 3
BedroomsTotal 5
Appliances Water Softener
BasementDevelopment Finished
BasementType Full (finished)
ConstructedDate 1958
CoolingType None
ExteriorFinish Brick
FoundationType Poured Concrete
HeatingFuel Natural Gas
HeatingType Baseboard Heaters, Radiant Heat
StoriesTotal 2
SizeInterior 2962 Sqft
Type Triplex
UtilityWater Municipal Water

Parking

Visitor Parking

Land

Acreage No
FenceType Fence
LandAmenities Park, Place Of Worship, Public Transit, Schools
Sewer Municipal Sewage System
SizeDepth 58 Ft
SizeFrontage 125 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription R2b
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