7 BALMORAL DRIVE, Kitchener, ON N2M2J7
7 BALMORAL DRIVE, Kitchener, ON N2M2J7
7 BALMORAL DRIVE, Kitchener, ON N2M2J7
7 BALMORAL DRIVE, Kitchener, ON N2M2J7
7 BALMORAL DRIVE, Kitchener, ON N2M2J7
7 BALMORAL DRIVE, Kitchener, ON N2M2J7
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$ 899,500
Est. payment | /mo

5 Beds

3 Baths

2,000 SqFt


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$ 899,500
Est. payment | /mo
Save

5 Beds

3 Baths

2,000 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000 - 2500

Square Footage 2,000 sqft

Price per Sqft $449

MLS® Listing ID X13054438

Bedrooms 5

Property Description

Fantastic opportunity to own a FULLY VACANT PURPOSE-BUILT TRIPLEX! in desirable Belmont Village, steps from Catalyst HIGH TECH HUB, offering both immediate flexibility and strong income potential. This well-maintained property features three Bright & SPACIOUS units, including two upper 2bdrm units and a basement 1bdrm unit where owner is starting renovations to convert it to a 2-bedroom layout - creating even greater future rental possibilities!Large windows fill each unit with natural light, while practical layouts create homes that feel open, comfortable and highly functional for everyday living, The upper and middle units also feature a WALK OUT BALCONY. Each unit is separately metered for hydro. All units will be vacant on closing, providing the flexibility to set market rents and maximize returns from day one. There is also parking for six vehicles, offering excellent convenience for tenants or future owners. Extra shed in the parking lot for extra storage! Recent upgrades include updated flooring, new roof shingles (2020), ensuring low ongoing maintenance and long-term value. There's also coin operated laundry, offering an additional revenue stream. GENEROUS LOT SIZE allowing potential of adding a 4th unit.The property is conveniently located near schools, parks, shopping, hospital ,public transit and major commuter routes, making it highly appealing for both tenants and homeowners. Whether you're an investor or looking for a multi-unit property with flexibility and long-term potential, this is a great opportunity in a high-demand rental area close to transit, amenities, and everyday conveniences.With all units vacant, buyers have the rare advantage of setting their own rents and selecting tenants, or even occupying one unit while generating income from the others. (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Second level 3.57 m X 3.94 m Living room

Extra Room 2 Second level 3.57 m X 3.94 m Dining room

Extra Room 3 Second level 3.4 m X 3.1 m Primary Bedroom

Extra Room 4 Second level 3.25 m X 3.1 m Bedroom 2

Extra Room 5 Lower level 6.4 m X 3.3 m Living room

Extra Room 6 Lower level 3.3 m X 3.28 m Bedroom

Interior

Heating Forced air

Cooling None

Flooring Laminate, Carpeted

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 6

Garage No

Private Pool No

Building

Story 2

Sewer Sanitary sewer

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Listed by UPPERSIDE REAL ESTATE LIMITED
Nearby Locations
Kirby Sinnott
Kirby Sinnott

Agent

+1(250) 801-1669 | kirby@kelownahomecollective.ca

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7 BALMORAL DRIVE