110 Stonybrook DR new

Kitchener,ON N2M 4L7

$ 849000

5 Beds

2 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

MLS Listing ID X12158201

Style Bungalow

Bedrooms 5

Building Age 51-99

Annual Tax Amount $4,277

Tax Year 2024

Property Sub-Type Duplex

Property Description

LEGAL DUPLEX, 5.5% CAP RATE! Set on a large lot in a quiet, mature neighbourhood, this solid all-brick bungalow is a legal up/down duplex offering incredible value for investors or multi-generational families alike. With over $70,000 in recent renovations, the main floor boasts a bright, open-concept layout with new quartz countertops, an updated bathroom and modern vinyl flooring throughout. The upper unit is a spacious 3-bed, 1-bath suite with large windows, loads of natural light, and in-suite laundry. Its currently rented for $2,550/month + utilities. The lower level, with its own private entrance and walkout to a huge backyard, features 2 bedrooms, 1 bathroom, and in-suite laundryrented at $1,790/month + utilities. Just steps to scenic trails, top-rated schools, and minutes from downtown and highway access, this property is perfectly positioned in highly sought after Forest Hill. With a strong 5.5% cap rate and turn-key income in place, 110 Stonybrook is the kind of opportunity smart buyers move quickly on.

Location

Province ON

County Waterloo

Area Waterloo

Zoning R2A

Rooms

Basement Apartment

Kitchen 2

Interior

Interior Features In-Law Suite,Separate Hydro Meter

Cooling None

Inclusions 2 Fridges, 2 Stoves, 2 washers, 2 dryers

Exterior

Parking Features None

Pool None

Roof Type Asphalt Shingle

Total Parking Spaces 4

Building

Foundation Concrete

Others

Virtual Tour https://unbranded.youriguide.com/110_stonybrook_dr_kitchener_on/

View More
Favorite Go Tour