253 SYDNEY STREET S, Kitchener, ON N2G3V8
253 SYDNEY STREET S, Kitchener, ON N2G3V8
253 SYDNEY STREET S, Kitchener, ON N2G3V8
253 SYDNEY STREET S, Kitchener, ON N2G3V8
253 SYDNEY STREET S, Kitchener, ON N2G3V8
253 SYDNEY STREET S, Kitchener, ON N2G3V8
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EXp Realty Canada

EXp Realty Canada

+1(602) 755-2389
$ 775,000
Est. payment | /mo

5 Beds

3 Baths

1,100 SqFt

Save
$ 775,000
Est. payment | /mo
Save

5 Beds

3 Baths

1,100 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100 - 1500

Square Footage 1,100 sqft

Price per Sqft $704

Bedrooms 5

MLS® Listing ID X12846268

Property Description

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:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Second level 2.3 m X 3.07 m Bedroom

Extra Room 2 Second level 3.32 m X 4.15 m Living room

Extra Room 3 Second level 1.5 m X 2.52 m Bathroom

Extra Room 4 Second level 2.68 m X 2.53 m Kitchen

Extra Room 5 Second level 2.36 m X 2.54 m Bedroom 2

Extra Room 6 Basement 2.32 m X 3.16 m Kitchen

Interior

Heating Forced air

Cooling None

Exterior

Parking Features Yes

Fence Partially fenced

Community Features Community Centre

View Y/N No

Attached Garage Yes

Total Parking Spaces 2

Garage Yes

Private Pool No

Building

Story 2

Sewer Sanitary sewer

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Listed by EXP REALTY

Nearby Locations

EXp Realty Canada

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(602) 755-2389

charlesc.chime@gmail.com

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253 SYDNEY STREET S