35 Silver Aspen Crescent, Kitchener, Ontario, Canada, N2N1H5

875,000
for Sale
4 + 3
5
700-1100

About the property:

Incredible turnkey investment opportunity. A Fully Renovated Legal Duplex located in a desirable Forest Heights, Kitchener neighborhood. 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. If you need a copy of the city approved plans please ask for the copy to verify all the measurements and legal status of the property.
Bungalow Bungalow
Property Type:
Bungalow
Status:
for Sale
House Style:
Bungalow
Bedrooms:
4 + 3
Bathrooms:
5
Land Size:
45 x 90 FT
Central A/C:
Yes
Garage Spaces:
1
Parking Places:
4
Heating Type:
Forced Air
Heating Fuel:
Gas
Cross Street:
Conestoga Pkwy/Fischer Hallman
Exterior:
Brick
Basement:
Apartment,Se, Apartment,Se
Fronting On:
N
Annual Property Taxes:
4,504
Listing ID:
X13718774

Rooms

Dimensions

Ground
Living Room
7.7m x 3.38m Open Concept Vinyl Floor
Dining Room
7.7m x 3.38m Open Concept Vinyl Floor
Kitchen
3.68m x 1.84m Open Concept Vinyl Floor
Primary Bedroom
3.5m x 3.13m Vinyl Floor Closet
Bedroom 2
3.5m x 2.49m Vinyl Floor Closet
Bedroom 3
3.5m x 3.5m Vinyl Floor
Bedroom 4
2.49936m x 3.1m Vinyl Floor
Basement
Living Room
3.38m x 3.6576m Vinyl Floor
Dining Room
3.38m x 3.66m Vinyl Floor
Bedroom
3.2m x 3.48m Vinyl Floor Closet 3 Pc Ensuite
Bedroom
2.8m x 4.43m Vinyl Floor Closet 3 Pc Ensuite
Bedroom
3.29m x 2.29m Vinyl Floor 3 Pc Ensuite
Brokered by:
Kingsway Real Estate
Source: TRREB/PROPTX
Presented By:

Hasti Anasory

Broker/Manager

Kingsway Real Estate, Brokerage