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$849,000

Kitchener ON, N2P 1J8

MLS® # 40774664

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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Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 11 Van Horne Place, Kitchener, ON, N2P 1J8

Demographic Information of 11 Van Horne Place, Kitchener, ON, N2P 1J8

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$114,388.97

Average Number of Children

1.82

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.04 %

High school certificate or equivalent

31.02 %

Apprenticeship trade certificate/diploma

6.03 %

College/non-university certificate

23.83 %

University certificate (below bachelor)

1.53 %

University Degree

22.55 %

Commuter

Travel To Work

By Car

93.01 %

By Public Transit

3.74 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

3.25 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

0.02 %

Houses

99.98 %

Own Vs. Rent