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Stuart McKerrow pic stuart.mckerrow@gmail.com Sutton Group - Associates Realty Inc., Brokerage Independently owned and operated. pic 358 Davenport Road, Toronto, Ontario M5R 1K6 pic Office: 416-966-0300 | Fax: 416-966-0080 | Cell: 416-856-6810

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$899,500
Available - For Sale
Listing ID: X13054438
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: $6,661.2
Occupancy by: 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
Washrooms: 3
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 8.00 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
No. of Pieces Level
Washroom 1:  4 Lower
Washroom 2:  4 Second
Washroom 3:  4 Main
Washroom 4:  0
Washroom 5:  0
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

7 Balmoral Drive , Kitchener, N2M 2J7, Waterloo

Personal Picture
Stuart McKerrow
Sales Representative
Dir:
416-856-6810
Bus:
416-966-0300
Fax:
416-966-0080

 
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Type: Freehold - Triplex
Area: Waterloo
Municipality: Kitchener
Neighbourhood: Dufferin Grove
Style: 2-Storey
Lot Size: x 120.00(Feet)
Approximate Age: 51-99
Tax: $6,661.2
Maintenance Fee: $0
Beds: 5
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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