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Royal LePage
Royal LePage
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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  

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⚠ Potential Investment Performance

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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

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