$775,000

Duplex

253 Sydney Street, Kitchener, ON

4 DAYS
4+1
3
1
1100-1500
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Listed by EXP REALTY

Property Highlights

Garage

1 space

Property Tax

$1,635/yr

Age

51-99 yrs

Lot Size

4,757 sqft

Style

2-Storey

Basement

Full, Finished, Separate Entr.

Monthly Cost

$3,409/mo

About This Home

THE UNICORN! Purpose Built Duplex With Accessory/In-Law Suite! 100% VACANT POSSESSION ON CLOSING! Stop fighting old leases and inherited tenants. 253 Sydney St S is a solid brick, purpose-built Legal Duplex + finished basement accessory suite offering the ultimate "Blank Slate" in Kitchener's desirable Rockway neighborhood. THE OPPORTUNITY: Set your own market rents from Day 1. Perfect for Investors, House-Hackers, or Multi-Generational families. UNIT BREAKDOWN: MAIN UNIT: Vacant. 2-Bed, 1-Bath or 3-Bed. 2-Bath (with in-law suite together). Features backyard access, in-suite with laundry, and a 1-car garage. UPPER UNIT: Vacant. 2-Bed, 1-Bath. Features in-suite laundry and dedicated carport parking. LOWER LEVEL: 1-Bed, 1-Bath accessory suite with laundry. Ideal for extended family or mortgage helper. THE STRATEGY: INVESTORS: Run your own tenant selection and maximize your Cap Rate immediately. Enjoy value add potential with the existing in-law suite to a legal triplex conversion. HOUSE-HACKERS: Live in one unit and let the other two pay your mortgage! MULTI-GENERATIONAL: Separate kitchens, separate laundry, and separate entrances-keep the family close with total privacy. THE LOCATION: Commuter's dream. Seconds to Hwy 7/8 Expressway, the LRT, Rockway Golf Course, and Downtown Kitchener's Tech Hub. MECHANICS: Separately metered Hydro between Upper and the Main/Lower units. Gas/Water shared on single meter. Purpose-built multi-unit properties with FULL VACANT POSSESSION premium assets are incredibly rare. Why wait for the next opportunity while the unicorn is right here! Request the Proforma and book your showing today!

Monthly Cost

Monthly Mortgage$3,273
Property Tax ($1,635/yr)$136
Total$3,409

Price & Listing History

Schools

Location

Tap to view full map

Rooms

Main Level

Bedroom 2: 3.07m × 2.27m
Bedroom: 3.61m × 3.16m
Living Room: 4.13m × 3.30m
Kitchen: 2.52m × 3.46m
Bathroom: 2.56m × 1.51m

Second Level

Bedroom: 2.30m × 3.07m
Living Room: 3.32m × 4.15m
Kitchen: 2.68m × 2.53m
Bathroom: 1.50m × 2.52m
Bedroom 2: 2.36m × 2.54m

Basement Level

Living Room: 3.30m × 4.12m
Bedroom: 2.59m × 3.35m
Bathroom: 0.83m × 2.03m
Bedroom: 2.59m × 3.35m
Kitchen: 2.32m × 3.16m

Listing Presented By

Iryna Tarabanovska

Iryna Tarabanovska

REALTOR®

+1 (647) 570-8221
iryna.tarabanovska@cirealty.com
CiRealty, Brokerage

CiRealty, Brokerage