$949,000

Triplex

7 Balmoral Drive, Kitchener, ON

2 DAYS
5
3
0
2000-2500
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Listed by UPPERSIDE REAL ESTATE LIMITED

Property Highlights

Parking

6 spaces

Property Tax

$6,661/yr

Age

51-99 yrs

Lot Size

< .50 ac

Style

2-Storey

Basement

None

Monthly Cost

$4,562/mo

About This Home

Purpose-Built Triplex in the Belmont Village, Waterloo High Tech Hub!! This upgraded triplex in a quiet and desirable neighborhood steps from KW's high-tech community, offering exceptional income potential in a highly desirable location. Purpose-built and thoughtfully designed, the property features two spacious 2-bedroom units, each with private entrances, as well as a bright and generously sized 1-bedroom lower unit with abundant natural light. The upper and middle units also feature a walkout balcony, adding to their appeal. Each unit is separately metered for hydro, with an additional common meter and a shared laundry facility to streamline operations. All units will be vacant on closing, providing the flexibility to set market rents and maximize returns from day one. There is also parking for approximately six vehicles, offering excellent convenience for tenants or future owners. Extra shed in the parking lot for extra storage! Recent upgrades include updated flooring, new roof shingles (2019), ensuring low ongoing maintenance and long-term value. Ideally located near transit, parks, hospitals, and major amenities, this triplex is VACANT and a strong income generator in a thriving and desirable neighbourhood. Don't miss this is low-risk, high-reward investment opportunity with lasting potential!

Monthly Cost

Monthly Mortgage$4,007
Property Tax ($6,661/yr)$555
Total$4,562

Price & Listing History

Schools

Location

Tap to view full map

Rooms

Main Level

Bedroom: 3.25m × 3.10m
Living Room: 3.57m × 3.94m
Dining Room: 3.57m × 3.94m
Kitchen: 3.63m × 2.44m
Primary Bedroom: 3.40m × 3.10m

Second Level

Primary Bedroom: 3.40m × 3.10m
Dining Room: 3.57m × 3.94m
Bedroom 2: 3.25m × 3.10m
Living Room: 3.57m × 3.94m

Lower Level

Bedroom: 3.30m × 3.28m
Living Room: 6.40m × 3.30m
Kitchen: 6.40m × 3.30m

Listing Presented By

iryna.tarabanovska@cirealty.com
CiRealty, Brokerage

CiRealty, Brokerage