55 Silver Aspen Cres Forest Heights, Kitchener West

Offered at $750,000

Square Feet 1,058

Beds / Baths 5 / 2

MLS ID 40116833

The Story

A stunning legal duplex in a family-friendly neighbourhood with incredible income and terrific finishes. That sounds like a portfolio winner all around. The heavy lifting has been done here, including securing top-tier tenants and envious annual income. Two beautiful units boasting exquisite finishes including luxury vinyl plank flooring, quartz counters, stainless steel appliances, and in-suite laundry. No detail has been overlooked. Add a brand new furnace and windows, separate hydro meters, pot lighting, a new electrical panel, amped up R60 attic insulation, and this is truly as turn-key as they come. Grocery stores, shopping, transportation, schools, and parks are minutes away, Silver Aspen will always be in high demand for tenants. With a gross income of almost $40,000 and minimal expenses, this is a bonafide golden ticket into investor land. Check out the financials and attached floor-plans, let’s get you in for a look and talk about the investment potential.

Walk / Transit Score 34 / 46

Property Dimensions 40 X 114

Property Taxes $2,836

Year Built 1972

360° Tour

Floorplan PDF

The Details

Living Room 16.06 X 11.08 FT
Dining Room 12.11 X 9.01 FT
Kitchen 7.08 X 8.01 FT
Primary Bedroom 10.07 X 14 FT
Bedroom 11.01 X 10.06 FT
Bedroom 11.01 X 8.01 FT
Bathroom 4 PCE
Rec Room (Basement) 14 X 18.09 FT
Dining Room 9.01 X 7.09 FT
Kitchen 12.06 X 12.07 FT
Bedroom 8.04 X 13.01 FT
Bedroom 8.04 X 6.01 FT
Bathroom 4 PCE

The Neighbourhood

Forest Heights

Public PrimaryMeadowlane PS

Public SecondaryForest Heights Collegiate

Separate PrimarySt. Mark

Separate ScondaryResurrection Catholic SS

The Lifestyle

Forest Heights is a densely populated neighbourhood located on the west end of Kitchener with a variety of styles ranging from bungalows to two-storey homes. With plenty of attractive homes situated on tree-lined winding streets and crescents, it’s easy to call this neighbourhood home. This neighbourhood is considered one of the best neighbourhoods for buying a home single detached home, with a real estate ratio of approximately 90% ownership to 10% rental units. New home construction is still underway for some areas in the neighbourhood, but with the majority of homes in the area dating back to the 1970s and 80s, Forest Heights is considered to be a bit older and more established than many neighbourhoods in the Region. This neighbourhood is a prime location for anyone moving into the area, but particularly families. [...]

Neighbourhood Details & Data


Median Days on Market7

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