25 MEINZINGER Avenue
Southdale · Kitchener
$629,900
Book a viewingThe facts
- Property type
- Multi-family
- Ownership
- Freehold
- Bedrooms
- 4
- Bathrooms
- 2
- Size
- 1,551 sqft
- Lot
- 0
- Heating
- Forced air,, ,Natural gas
- Cooling
- None
- MLS® number
- 40867437
About this home
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. (id:59491)
Listed by DUSTIN FORRESTER
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