$899,500
Available - For Sale
Listing ID: X13054438
7 Balmoral Drive , Kitchener, N2M 2J7, Waterloo
| Fantastic opportunity to own a FULLY VACANT PURPOSE-BUILT TRIPLEX! in desirable Belmont Village, steps from Catalyst HIGH TECH HUB, offering both immediate flexibility and strong income potential. This well-maintained property features three Bright & SPACIOUS units, including two upper 2bdrm units and a basement 1bdrm unit where owner is starting renovations to convert it to a 2-bedroom layout - creating even greater future rental possibilities!Large windows fill each unit with natural light, while practical layouts create homes that feel open, comfortable and highly functional for everyday living, The upper and middle units also feature a WALK OUT BALCONY. Each unit is separately metered for hydro. 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 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 (2020), ensuring low ongoing maintenance and long-term value. There's also coin operated laundry, offering an additional revenue stream. GENEROUS LOT SIZE allowing potential of adding a 4th unit.The property is conveniently located near schools, parks, shopping, hospital ,public transit and major commuter routes, making it highly appealing for both tenants and homeowners. Whether you're an investor or looking for a multi-unit property with flexibility and long-term potential, this is a great opportunity in a high-demand rental area close to transit, amenities, and everyday conveniences.With all units vacant, buyers have the rare advantage of setting their own rents and selecting tenants, or even occupying one unit while generating income from the others. |
| Price | $899,500 |
| Taxes: | $6661.20 |
| Occupancy: | Vacant |
| 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 |
|
|
Lynn Tribbling
Sales Representative
Dir:
416-252-2221
Bus:
416-383-9525
| Book Showing | Email a Friend |
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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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