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$870,000

Kitchener ON, N2L 2M6

MLS® # 40738443

Property Information:

Turnkey FOURPLEX in Kitchener 5.8% CAP - 1 VACANT UNIT An excellent opportunity to own or live in this four-unit building with quick access to the expressway and core amenities near the Laurention Power Centre. This well-maintained property offers excellent flexibility, perfect as a full investment or for an owner-occupier looking to live in and self-manage. The front unit is a spacious 1.5-storey, 3-bedroom suite featuring a west-facing deck and private front yard. At the rear, you'll find two well-proportioned 2-bedroom units and a 1-bedroom lower unit, each with a functional layout and private entrances. Ample parking is available at the back of the property, along with a shared storage shed. A solid income-generating asset in a convenient location. 839 Stirling is a smart addition to any real estate portfolio. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Basement Development: Finished
  • Basement Type: Full
  • Exterior Finish: Aluminum siding, Brick
  • Floor Space: 2850 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Baseboard heaters, Forced air
  • Heating Fuel: Electric, Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Water softener

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 8
  • Bathrooms: 4
  • Access Type: Highway access
  • Amenities Nearby: Park, Public Transit, Schools
  • Built in: 1946
  • Community Features: Quiet Area, School Bus
  • Features: Paved driveway, Laundry- Coin operated
  • Floor Space (approx): 2850 Square Feet
  • Lot Depth: 150.0 Feet
  • Lot Frontage: 50.0 Feet
  • Zoning: Res-5
  • Sewer: Municipal sewage system
  • Parking Type: None
  • No. of Parking Spaces: 8

Courtesy of: Chestnut Park Realty Southwestern Ontario Ltd., Brokerage

REALTOR.ca  

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 839 STIRLING Avenue S, Kitchener, Ontario, N2L 2M6

Demographic Information of 839 STIRLING Avenue S, Kitchener, Ontario, N2L 2M6

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$78,239.63

Average Number of Children

1.78

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.24 %

High school certificate or equivalent

33.67 %

Apprenticeship trade certificate/diploma

6.53 %

College/non-university certificate

20.12 %

University certificate (below bachelor)

0.81 %

University Degree

16.63 %

Commuter

Travel To Work

By Car

86.83 %

By Public Transit

5.74 %

By Walking

3.29 %

By Bicycle

0.31 %

By Other Methods

3.83 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

59.8 %

Houses

40.2 %

Own Vs. Rent