25 Meinzinger Avenue, Kitchener, ON N2T 3T3
25 Meinzinger Avenue, Kitchener, ON N2T 3T3
25 Meinzinger Avenue, Kitchener, ON N2T 3T3
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Listed by Dustin Forrester • ROYAL LEPAGE CROWN REALTY SERVICES INC.
$629,900
Est. payment /mo
4 Beds
2 Baths
1,551 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 1,551 sqft

Price per Sqft $406

MLS Listing ID 40867437

Bedrooms 4

Abv Grd Liv Area 1,551

Annual Tax Amount $4,471

Property Sub-Type Duplex Up/Down

Source Cornerstone

Property Description

Investors and house hackers, take note! 25 Meinzinger Ave. is an updated duplex on a generous 51 x 131 ft lot, with the cities new flexible zoning (SGA-1) in Kitchener's established Southdale neighbourhood. Featuring two self-contained, income-ready suites, that previous generated almost $50,000.00 in gross annual rent, that provide the flexibility to live in one while the other pays down your mortgage, plus a separate entrance to the basement, offering potential for a future third suite and added income! Each suite features their own private entry, 2 bedrooms, a full bathroom, and separate living and dining areas, all finished with carpet-free flooring, a modern kitchen with generous cabinetry, and an updated bathroom. Dedicated parking for each unit, on-site laundry, and an expansive shared backyard round out a setup designed for easy management and long term tenant appeal. Minutes to Highway 8, local transit, Zehrs, Queen Elizabeth Public School, and neighbourhood parks, this is a turn-key, centrally located multi-family asset with strong fundamentals and real upside.

Location

Province ON

County Waterloo

Area 3 - Kitchener West

Zoning SGA-1

Direction Ottawa St S to Hoffman St to Meinzinger Ave

Rooms

Basement Separate Entrance, Full, Unfinished

Kitchen 0

Interior

Interior Features None

Heating Forced Air, Natural Gas

Cooling None

Fireplace No

Appliance Refrigerator, Stove

Laundry Shared

Exterior

Roof Type Asphalt Shing

Lot Frontage 51.0

Lot Depth 131.3

Garage No

Building

Lot Description Highway Access, Park, Place of Worship, Playground Nearby, Public Transit, Trails

Faces Ottawa St S to Hoffman St to Meinzinger Ave

Story 2

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 1

Structure Type Brick

New Construction No

Others

Senior Community No

Tax ID 224940142

Ownership Freehold/None

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