$949,000
Available - For Sale
Listing ID: X12682304
7 Balmoral Drive , Kitchener, N2M 2J7, Waterloo
| 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! |
| Price | $949,000 |
| Taxes: | $6661.20 |
| Occupancy: | Tenant |
| Address: | 7 Balmoral Drive , Kitchener, N2M 2J7, Waterloo |
| Acreage: | < .50 |
| Directions/Cross Streets: | Balmoral Drive and Brandon Ave |
| Rooms: | 15 |
| Bedrooms: | 5 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | None |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Living Ro | 11.71 | 12.92 | Broadloom, Combined w/Dining, Overlooks Frontyard |
| Room 2 | Main | Dining Ro | 11.71 | 12.92 | Laminate, Combined w/Living, Overlooks Frontyard |
| Room 3 | Main | Kitchen | 11.91 | 8 | Laminate, W/O To Balcony, Large Window |
| Room 4 | Main | Primary B | 11.15 | 10.17 | Laminate, Large Closet, Closet Organizers |
| Room 5 | Main | Bedroom | 10.66 | 10.17 | Laminate, Overlooks Garden, Large Closet |
| Room 6 | Second | Living Ro | 11.71 | 12.92 | Laminate, Combined w/Dining, Overlooks Frontyard |
| Room 7 | Second | Dining Ro | 11.71 | 12.92 | Laminate, Combined w/Living, Overlooks Frontyard |
| Room 8 | Second | Primary B | 11.15 | 10.17 | Laminate, Large Closet, Closet Organizers |
| Room 9 | Second | Bedroom 2 | 10.66 | 10.17 | Laminate, Overlooks Garden, Large Closet |
| Room 10 | Lower | Living Ro | 20.99 | 10.82 | Laminate, Large Window, Closet |
| Room 11 | Lower | Bedroom | 10.82 | 10.76 | Laminate, Large Closet, Large Window |
| Room 12 | Lower | Kitchen | 20.99 | 10.82 | Laminate, Eat-in Kitchen |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Lower |
| Washroom Type 2 | 4 | Second |
| Washroom Type 3 | 4 | Main |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 51-99 |
| Property Type: | Triplex |
| Style: | 2-Storey |
| Exterior: | Brick |
| Garage Type: | None |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 6 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| Approximatly Age: | 51-99 |
| Approximatly Square Footage: | 2000-2500 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| UPPERSIDE REAL ESTATE LIMITED |
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At a Glance:
| Type: | Freehold - Triplex |
| Area: | Waterloo |
| Municipality: | Kitchener |
| Neighbourhood: | Dufferin Grove |
| Style: | 2-Storey |
| Approximate Age: | 51-99 |
| Tax: | $6,661.2 |
| Beds: | 5 |
| Baths: | 3 |
| Fireplace: | N |
| Pool: | None |
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