132 Merner Avenue Active Save Request In-Person Tour Request Virtual Tour
Kitchener,ON N2H 1X8
Key Details
Property Type Multi-Family
Sub Type Multi-3 Unit
Listing Status Active
Purchase Type For Sale
Square Footage 1,635 sqft
Price per Sqft $642
MLS Listing ID 40646097
Bedrooms 5
Abv Grd Liv Area 2,867
Originating Board Waterloo Region
Annual Tax Amount $5,969
Property Description
Turn-key legal triplex with 72K+ gross annual income potential located in the desirable East Ward neighborhood of Kitchener. 132 Merner Ave features a 3 bed upper unit (vacant), lower 2 bed unit (tenanted) and rear bachelor unit (vacant). Spacious upper 3 bed unit features open living/dining room area, eat-in kitchen with pantry, updated bathroom, new paint and in-suite laundry. Lower 2 bedroom unit brand new in 2023 accessible through the separate side entrance currently rented at $2195 with A+ tenants. Unit includes 2 bedrooms, tiled shower in the bathroom, large open concept living/dining/kitchen area, SS appliances, new rads, interconnected fire alarms and large laundry/den area. Rear bachelor unit brand new 2023 with tiled bathroom/shower, in-suite laundry, new appliances, mini split duct for heat/AC. Each unit has it's own hydro panel, in-suite laundry, sound proofing, double wide driveway and double car garage with new doors, new drainage systems and more. Prime location, condition, and opportunity! Contact listing agent for financials.
Location
Province ON
County Waterloo
Area 2 - Kitchener East
Zoning res-4
Direction Krug to Merner
Rooms
Basement Separate Entrance,Full,Finished
Kitchen 0
Interior
Interior Features Separate Heating Controls,Separate Hydro Meters
Heating Natural Gas,Radiant
Cooling Other
Fireplace No
Appliance Dishwasher,Dryer,Refrigerator,Stove,Washer
Laundry In-Suite
Exterior
Garage Attached Garage,Asphalt,Built-In
Garage Spaces 2.0
Waterfront No
Roof Type Asphalt Shing
Lot Frontage 42.0
Lot Depth 122.0
Parking Type Attached Garage,Asphalt,Built-In
Garage Yes
Building
Lot Description Rectangular,Dog Park,City Lot,Highway Access,Library,Park,Place of Worship,Playground Nearby,Public Transit,Rec./Community Centre,School Bus Route,Schools,Shopping Nearby
Faces Krug to Merner
Story 1
Foundation Poured Concrete
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community No
Tax ID 225160178
Ownership Freehold/None