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114 CHURCH STREET, Kitchener

6 BEDS · 5 BATHS · 2500 - 3000 sqft

$1,099,900

An exceptional investment opportunity in the heart of Kitchener! This beautiful legal century triplex combines timeless character with extensive modern upgrades, offering investors a truly turnkey addition to their portfolio. Ideally located just a short walk from Downtown Kitchener and the Kitchener Market LRT stop, the property provides tenants with convenient access to transit, restaurants, shopping, entertainment and everything the downtown core has to offer. Currently generating an impressive 4.6% cap rate, all three units are occupied by great young professional tenants paying market rents plus utilities, providing strong and reliable income from day one. The property has undergone substantial upgrades, including updated plumbing and electrical, forced-air furnaces, water heaters, roof, windows, aluminum fascia, soffits and eaves. The interiors have also been thoughtfully updated with new kitchens, bathrooms, flooring, stainless steel appliances and much more, creating attractive, comfortable living spaces that appeal to today's tenants. With its combination of legal triplex status, market rents, extensive capital improvements and a highly walkable location, this is a rare opportunity to acquire a well-maintained, income-producing property with the character of a century home and the major updates already taken care of. A fantastic investment in one of Kitchener's most convenient and connected locations!

General Info


MLS Listing ID: X13749670 Bedrooms: 6 Bathrooms: 5 Year Built: 0
Listing Type: Multi-family Half Baths: 1 Fireplace Fuel: N/A Maintenance Fee: N/A
Foundation: Stone Roof: N/A Title To Land: N/A Parking Space Total: 4
Parking: No Garage Heating: Forced air Size: 2500 - 3000 sqft Air Conditioning : None
Home Style: N/A Finished Floor Area: N/A Fireplaces: N/A Basement: Full, N/A, N/A (Unfinished)
Water Supply: Municipal water Road Type: N/A Pool Type: N/A

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