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Elizabeth Pullman

[email protected] +1(905) 329-0460

Listed by Zack Brittain • Flux Realty

$ 1,049,900

Est. payment -/mo

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Price Dropped by $45K

132 Merner Avenue Kitchener, ON N2H 1X8

5 Beds

3 Baths

1,635 SqFt

UPDATED:

09/26/2024 04:25 PM

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

Elizabeth Pullman

Advisor | License ID: 4780123

+1(905) 329-0460

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