14 Kennedy Avenue, Kitchener, ON

$1,049,000
MLS#:X9508048
4 beds
3 baths
3.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] triplex located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium brick and shingle construction, this residence presents an exceptional opportunity offered at $1,049,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 3 Bathrooms with 3 functional kitchens
  • Premium 40 x 100 ft lot size
  • Features a ["apartment", "separate entrance"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: Other
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Fully renovated, fully furnished and fully rented out with Mid Term Rentals, this legal triplex features excellent rents. The is one of the most lucrative investment properties on the market. 6% Cap Rate. Come check this out this great income producing property and find out how you can cash flow right away. This is a Turn Key, Ready, Set and Go opportunity for an investor. Close to vibrant downtown core, public transit and Hwy 7/8, Kitchener Market, ION and Victoria Park and walking& bike trails. Three completely independent units, each with separate entrances and a parking spot. This property was completely renovated to cater for higher rents on the mid-term market quartz countertops, stainless steel appliances, including dishwasher sand individual washer and dryers, modern bathrooms, and fully furnished to the highest detail living rooms, bedrooms, kitchen and baths, all the furniture and appliances and TV's are included in the sale.

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Key Features

Bedrooms
4
Bathrooms
3
Kitchens
3
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 22, 2025
Sold price information is available to members only
Listed Date10/21/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeTriplex
ConstructionBrick, Shingle
Lot Size40 × 100 Feet
CountyWaterloo
Annual Tax$3,450
Legal DescriptionLOT 37, PLAN 239 AND SOUTH 1/2 LANE PLAN 239, KITCHENERCLOSED BY 415737 ABUTTING LOT 37, KITCHENER.

Parking & Garage

Parking Spaces3.0
Garage Spaces3
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Public Transit, School Bus Route

Community Features

Location

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14 Kennedy Avenue, Kitchener, ON

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 14 Kennedy Avenue, Kitchener, ON N2G 2Z8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.
Financial Audit

Estimated Costs

Loan Amount$839,200
Monthly Mortgage$4,876
Property Tax (Est.)$288
Utilities & Maint.$350
Total Monthly Cost$5,514

Strategic Fiscal Clarity

Informed buyers do not make decisions based on list price alone. This analysis ensures your transition to a superior residence is supported by absolute fiscal certainty.

Professional Advisory Access

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