Kitchener, ON N2A 1M7,74 Carnaby Crescent
Kitchener, ON N2A 1M7,74 Carnaby Crescent
Kitchener, ON N2A 1M7,74 Carnaby Crescent
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Listed by Ryan Moore • KELLER WILLIAMS INNOVATION REALTY
$1,100,000
Est. payment /mo
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5 Beds
3 Baths
1,856 SqFt
Price Dropped by $100K

74 Carnaby Crescent Kitchener, ON N2A 1M7

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Key Details

Property Type Multi-Family

Sub Type Multi-3 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 1,856 sqft

Price per Sqft $592

MLS Listing ID 40705351

Bedrooms 5

Abv Grd Liv Area 1,856

Originating Board Waterloo Region

Year Built 1968

Annual Tax Amount $5,104

Property Sub-Type Multi-3 Unit

Property Description

Attention to investors who are looking for a Purpose-built triplex in the quiet Chicopee/Lackner Woods neighbourhood near all amenities !Very quiet mature neighbourhood and walking distance to parks. This building consists of: Two -2 bedrooms apartments and One-1 bedroom apartment. Separate hydro meters. This Purpose-built Triplex is a great way to reduce your monthly expenses with Owner Occupying one unit and leasing out the other two units or fully leasing the building for the ideal investment property. The current Owner occupies one of the two bedroom apartments and rents out the other two apartments. The financial upside is evident with current rents of $1,450 per month & $827 per month plus Hydro, showcasing significant potential for growth in rental income and market value. Additionally, the owner has had Blueprints completed for the ultimate Owner occupied investment property. These plans would include a 4 car garage with a 3 bedroom apartment in the rear of the property. Proforma attached to show the potential ! Please check out the RES-4 zoning with the City of Kitchener for a future of possibilities with this property. This property is a fantastic opportunity that investors should not pass up. Property being sold " AS IS , WHERE IS' .

Location

Province ON

County Waterloo

Area 2 - Kitchener East

Zoning RES-4

Direction River to Holborn to Carnaby

Rooms

Basement Full, Finished

Kitchen 0

Interior

Interior Features Separate Heating Controls, Separate Hydro Meters

Heating Natural Gas

Cooling Other

Fireplace No

Appliance Dryer, Refrigerator, Stove, Washer

Laundry Common Area

Exterior

Roof Type Asphalt Shing

Lot Frontage 53.0

Lot Depth 150.0

Garage No

Building

Lot Description Rectangular, Airport, Highway Access, Hospital, Park, Place of Worship, Public Parking, Public Transit, Regional Mall, School Bus Route, Shopping Nearby

Faces River to Holborn to Carnaby

Story 3

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick

New Construction No

Others

Senior Community No

Tax ID 225510059

Ownership Freehold/None


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agent

Joseph Halleran

Agent

+1(519) 341-4992

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74 Carnaby Crescent