Basement for Rent - 35% Utilities to be paid by Tenants - Landlord can also rent out the ENTIRE property. Incredible turnkey investment opportunity. A Fully Renovated Legal Duplex located in a desirable Forest Heights, Kitchener neighbourhood. 4 spacious bedrooms with 2 washrooms on the Main Floor. 3 bedrooms Legal Basement apartment with separate entrance and 3 ensuite washrooms. Total living floor area of 1,892 square feet including the basement. Thousands spent on the renovations approx. $200K plus. Both units are beautifully designed with high-end finishes, including luxury vinyl flooring, appliances and separate in-suite laundries for both units on the main floor and the basement. Seeing is believing. New floors, New washrooms, New furnace, New AC, New water heater and many many more. Extended new driveway approved by the city which can accommodate 3 vehicles. The old aluminum wiring is replaced with new copper wiring in the whole house. The gas line was replaced from road to the property spent approx. $5K. New front raised concrete porch spent approx. $7K. All brick bungalow in desirable Forest Heights, Kitchener neighborhood close to all amenities, shopping, and schools. 3 season sunroom, garden shed, fenced backyard, and large single garage. Silver Aspen is a prime rental location that will always attract great tenants as it is close to all universities in waterloo. With a gross potential income of approx.$65,000/annum and minimal expenses, this property is a true wealth-builder. Main floor can be rented for $2800 and basement can also be rented for $2600. Live in one unit while renting out the basement as a mortgage helper, or maximize your portfolio with a fully leased option. Please check the attached layout plans approved by the city. All measurements are mentioned in the city approved plans attached. It is the buyer or agent responsibility to verify all measurements.
$2,300
Updated about 6 hours ago
35 Silver Aspen CrescentKitchener, ON, N2N 1H5
- 3 Bed
- 3 Bath
- 700 - 1100 Sqft
- Available N/A
Type
House
Bedrooms
3
Full Bathrooms
3
Lot Size
45 ft x 90 ft (4050 ft²)
Features
Ensuite
Parking Spaces
2
Air Conditioner
Yes
Pets
Contact the Manager for information
Days on REW
1 Days
Property Views
0
MLS® Number
X13807262
Source
Toronto Real Estate Board
Forest Heights Collegiate Institute
- Public
- 9 - 12
Meadowlane Public School
- Public
- JK - 6
St Mark Catholic Elementary School
- Catholic
- JK - 8
St Paul Catholic Elementary School
- Catholic
- JK - 8
Westheights Public School
- Public
- 6 - 8
Southridge Public School
- Public
- JK - 6
Driftwood Park Public School
- Public
- JK - 6
Forest Hill Public School
- Public
- JK - 6
St Dominic Savio Catholic Elementary School
- Catholic
- JK - 8
Queensmount Public School
- Public
- 7 - 8
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