Multi-Family $ 775,000

253 Sydney ST S

Kitchener, ON N2G 3V8

  • 5 Beds
  • 3 Baths
  • - Year Built
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!
Listed by EXP REALTY

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Duplex

    Listing Status Active

    Purchase Type For Sale

    Approx. Sqft 1100-1500

    MLS Listing ID X12846268

    Style 2-Storey

    Bedrooms 5

    Annual Tax Amount $1,634

    Tax Year 2026

    Property Sub-Type Duplex

  • Location

    Province ON

    County Waterloo

    Area Waterloo

    Zoning R2B

  • Rooms

    Basement Full, Finished, Separate Entrance

    Kitchen 3

  • Building

    Building Age 51-99

    Foundation Concrete Block

  • Interior

    Interior Features Auto Garage Door Remote, Separate Hydro Meter, Water Softener

    Cooling None

    Inclusions 3 fridges, 3 stoves, 3 washers, 3 dryers, Water heater & Water softener

  • Exterior

    Exterior Feature Deck, Porch

    Parking Features Attached

    Garage Spaces 1.0

    Pool None

    Roof Type Asphalt Shingle

    Total Parking Spaces 2

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