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270 Clifton Road Kitchener, Ontario N2H 4W2

5 Bedroom
NoneForced Air

$899,900

Nearly $42,000 Gross Annual Income Available Here! This clean, purpose-built triplex beckons for your immediate attention. This is NOT a drive by. Nice improvements including: vinyl windows, aluminum soffits, fascia and eavestroughs, water softener (2020), picket fence (2018), separate electrical meters. Renovated basement unit. New, vinyl clad storage shed. Note oversized basement level windows. Easily accessed parking provides for four parking spots. A truly turn key operation that generates strong, positive cash flow with just 35% down! Current rents: $1295, $1350 and $842. Coin laundry machines provide for an additional income stream. Investor work sheet with full financials available. Across from Guelph Street Park. 100 M from Lancaster Street and its restaurants, boutiques, amenities as well as public transit. Quick drive to Expressway, Easy walk to Downtown Kitchener. Looking for an opportunity to enter into the lucrative Kitchener-Waterloo real estate investment market? This is The One. (id:22076)

Property Details

MLS® Number 40103428
Property Type Multi-family
Amenities Near By Public Transit, Schools, Shopping
Equipment Type Water Heater
Features Paved Driveway, Laundry- Coin Operated
Rental Equipment Type Water Heater

Building

Bedrooms Total 5
Appliances Water Softener
Basement Development Partially Finished
Basement Type Full (partially Finished)
Constructed Date 1960
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Brick
Fire Protection Smoke Detectors
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Type Triplex
Utility Water Municipal Water

Parking

None

Land

Access Type Highway Nearby
Acreage No
Land Amenities Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Frontage 47 Ft
Size Total Text Under 1/2 Acre
Zoning Description R6

https://www.realtor.ca/real-estate/23138665/270-clifton-road-kitchener

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