• Mobile: 416-671-5246
  • Office: 416-289-3000
  • Fax: 416-289-3008
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Jag Patel

Broker
HomeLife/ Miracle Realty LTD, Brokerage Independently owned and operated. 22 Slan Ave. Scarborough Toronto , Scarborough, Ontario M1B 3B2 Cell: 416-671-5246Office: 416-289-3000Fax: 416-289-3008

$865,000
Available - For Sale
Listing ID: X8279492
58 Fifth Ave , Kitchener, N2C 1P4, Ontario


Mostly vacant, move-in-ready, legal duplex with viable potential for a third unit! With separate parking for multiple cars, the main unit is vacant and features 3 bedrooms, 1 bathroom, a full kitchen and a spacious living room. A spiral staircase leads you to the upper-level loft that offers a bedroom, office space or storage area. With a separate entrance and separate parking for multiple cars, the spacious 1 bed 1 bath unit is occupied by an A+ tenant. The lowest level features a purpose-built bachelor suite ready for future potential income or extra private space for the family to live. Additionally, this property offers a recreation room that can be accessed from the 3-bed unit or the bachelor unit that contains a kitchenette and a 3pc bathroom. The property also offers a fully fenced rear yard with a deck, a single detached garage and ample parking for all units. A fantastic opportunity for any investor or buyer looking for immediate income/ mortgage support with great potential for more income down the road. Nestled in a sought-after location conveniently near shopping, amenities, parks, schools and public transit with minutes to highway access, don't miss your chance to own this property!
Extras:   All units have separate hydro panels, electrical panels and hot water tanks (owned). Not pictured: Tenanted unit. The 1-bed unit is tenanted by an A+ Tenant who pays $1224 plus utilities.
Price $865,000
Taxes: $3127.10
Address: 58 Fifth Ave , Kitchener, N2C 1P4, Ontario
Lot Size: 66.00 x 132.00 (Feet)
Acreage: < .50
Directions/Cross Streets: Kingsway Drive To Fifth Avenue
Rooms: 10
Bedrooms: 5
Bedrooms +:
Kitchens: 2
Family Room: N
Basement: Finished, Walk-Up
Approximatly Age: 31-50
Property Type: Duplex
Style: Other
Exterior: Alum Siding
Garage Type: Detached
(Parking/)Drive: Mutual
Drive Parking Spaces: 6
Pool: None
Other Structures: Garden Shed
Approximatly Age: 31-50
Property Features: Hospital, Park, Place Of Worship, Public Transit, School, School Bus Route
Fireplace/Stove: N
Heat Source: Electric
Heat Type: Forced Air
Central Air Conditioning: Central Air
Elevator Lift: N
Sewers: Sewers
Water: Municipal
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
REAL BROKER ONTARIO LTD.
Personal Picture
Jag Patel
Broker
Dir:
416-671-5246
Bus:
416-289-3000
Fax:
416-289-3008
 
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At a Glance:
Type: Freehold - Duplex
Area: Waterloo
Municipality: Kitchener
Neighbourhood:
Style: Other
Lot Size: 66.00 x 132.00(Feet)
Approximate Age: 31-50
Tax: $3,127.1
Maintenance Fee: $0
Beds: 5
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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