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72 Florence Avenue Kitchener, Ontario N2A 2K8

8 Bedroom 4 Bathroom 3000 - 3500 sqft
Central Air Conditioning Forced Air

$799,300

Legal Duplex + In-Law Suite | High Upside Investment Opportunity Exceptional income property offering a legal duplex with an in-law suite, ideal for investors or multi-generational living. Currently generating strong rental income with three self-contained units, this property also features significant future development potential. The property includes. Spacious 5-bedroom, 2-washroom unit3-bedroom, 1-washroom unit Studio unit Additional highlights include a large 300 sq. ft. insulated and heated garage with separate access-perfect for storage or a home-based business-along with three driveways accommodating up to 14 vehicles, a rare find. Located just minutes from **Highway 8 and approximately 5 minutes to **Highway 401, this property offers excellent connectivity and is close to major shopping centers, amenities, and transit .Future potential includes a partially renovated basement with the possibility of a 3-bedroom, 2-washroom unit with separate entrance, as well as an unfinished second floor offering additional development opportunities. A rare opportunity combining current income, strong cash flow, and long-term upside in a high-demand Kitchener location. (id:60365)

Property Details

MLS® Number X13423352
Property Type Multi-family
EquipmentType Water Heater
ParkingSpaceTotal 12
RentalEquipmentType Water Heater

Building

BathroomTotal 4
BedroomsAboveGround 8
BedroomsTotal 8
BasementDevelopment Partially Finished
BasementFeatures Separate Entrance
BasementType N/a (partially Finished), N/a
CoolingType Central Air Conditioning
ExteriorFinish Brick, Vinyl Siding
FoundationType Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 3000 - 3500 Sqft
Type Duplex
UtilityWater Municipal Water

Parking

Attached Garage
Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 122 Ft
SizeFrontage 70 Ft
SizeIrregular 70 X 122 Ft
SizeTotalText 70 X 122 Ft

Utilities

Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/29879955/72-florence-avenue-kitchener

Rd Cheema
Broker


RE/MAX Realty Services Inc.
295 Queen Street East
Brampton, Ontario L6W 3R1

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