48
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$775,000
Est. payment /mo
5 Beds
3 Baths
Active
253 Sydney ST S Kitchener, ON N2G 3V8
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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
Property Description
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!
Location
Province ON
County Waterloo
Area Waterloo
Zoning R2B
Rooms
Basement Full, Finished, Separate Entrance
Kitchen 3
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
Building
Building Age 51-99
Foundation Concrete Block
Lited by EXP REALTY