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25 Meinzinger Avenue, Kitchener ON N2M 3T3

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  • Kitchener

25 Meinzinger Avenue, Kitchener ON N2M 3T3

25 Meinzinger Avenue, Kitchener ON N2M 3T3

$629,900

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Property ID:

 RH-1822056-property

Bedrooms
4
Bathrooms
2
Garage
No
Year Built
1958
Area
1551 Square Feet

Description

Investors and house hackers, take note! 25 Meinzinger Ave. is an updated duplex on a generous 51 x 131 ft lot, with the cities new flexible zoning (SGA-1) in Kitchener’s established Southdale neighbourhood. Featuring two self-contained, income-ready suites, that previous generated almost $50,000.00 in gross annual rent, that provide the flexibility to live in one while the other pays down your mortgage, plus a separate entrance to the basement, offering potential for a future third suite and added income! Each suite features their own private entry, 2 bedrooms, a full bathroom, and separate living and dining areas, all finished with carpet-free flooring, a modern kitchen with generous cabinetry, and an updated bathroom. Dedicated parking for each unit, on-site laundry, and an expansive shared backyard round out a setup designed for easy management and long term tenant appeal. Minutes to Highway 8, local transit, Zehrs, Queen Elizabeth Public School, and neighbourhood parks, this is a turn-key, centrally located multi-family asset with strong fundamentals and real upside.

Additional Details

  • Property Age: 1958
  • Property Sub Type: Single Family Residence
  • Zoning: SGA-1
  • Transaction Type: Sale
  • Stories: 2
  • Basement: Separate Entrance, Full, Unfinished
  • Heating: Forced Air, Natural Gas
  • Cooling: Private Drive Double Wide
  • Parking Space: 3
  • Virtual Tour: https://sites.ground2airmedia.com/sites/25-meinzinger-ave-kitchener-on-n2m-3t3-29501997/branded
  • MLS Status: Active

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