Multi-Family $ 775,000

253 SYDNEY STREET S

Kitchener, ON N2G3V8

  • 5 Beds
  • 3 Baths
  • 1,100 SqFt
  • - 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! (id:24570)
Listed by EXP REALTY

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Listing Status Active

    Purchase Type For Sale

    Approx. Sqft 1100 - 1500

    Square Footage 1, 100 sqft

    Price per Sqft $704

    MLS Listing ID X12846268

    Bedrooms 5

  • Location

    Province ON

  • Rooms

    Kitchen 3.0

    Extra Room 1 Second level 2.3 m X 3.07 m Bedroom

    Extra Room 2 Second level 3.32 m X 4.15 m Living room

    Extra Room 3 Second level 1.5 m X 2.52 m Bathroom

    Extra Room 4 Second level 2.68 m X 2.53 m Kitchen

    Extra Room 5 Second level 2.36 m X 2.54 m Bedroom 2

    Extra Room 6 Basement 2.32 m X 3.16 m Kitchen

  • Building

    Story 2

    Sewer Sanitary sewer

  • Interior

    Heating Forced air

    Cooling None

  • Exterior

    Parking Features Yes

    Fence Partially fenced

    Community Features Community Centre

    View Y/N No

    Attached Garage Yes

    Total Parking Spaces 2

    Garage Yes

    Private Pool No

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