Properties

92 Church St Downtown Kitchener, Downtown Kitchener

Offered at $899,900

Square Feet 1,976

Beds / Baths 5 / 5

MLS ID 40126653

The Story

LEGAL TRIPLEX WITH A 4.4% CAP RATE IN HEART OF DTK!!! This is the one you've been waiting for! Whether you are looking for a turn-key cash-cow to add to your investment portfolio, or looking to have your tenants pay your mortgage -- look no further than 92 Church! You truly won't believe it until you see it - but this pristine century-home sits on a MASSIVE 235 FOOT DEEP LOT in downtown! Accompanied with rare R9 Zoning and located directly in the regentrifying DTK Core - the investment strategies for future development here are ENDLESS! There have been a TON of recent renovations including; new roof (2019), new windows (2018), new flooring (2021), basement unit updated (2018), main floor updated (2019), and top floor loft fully redone (2021). Currently collecting just under $50,000/YEAR in rental income PLUS tenants pay their own hydro -- you won't find a better CAP rate anywhere in KW! The location also can't be beat, STEPS to Downtown, a new LRT stop, Restaurants, Walking Trails, Victoria Park, and SO much more! Act FAST - The Best TRIPLEX in KW won't last long!

Walk / Transit Score 92 / 66

Property Dimensions 34 X 234

Property Taxes $3,969

Year Built 1920

360° Tour

Floorplan PDF

TheFilm

The Details

Living Room 10.06 X 12.11 FT
Kitchen 11.01 X 17.06 FT
Primary Bedroom 12 X 12.02 FT
Bedroom 14.06 X 7.05 FT
Bathroom 3 PCE
Living Room (Second) 12.10 X 12.08 FT
Dining Room 7 X 8.07 FT
Kitchen 11.04 X 8.11 FT
Primary Bedroom 9.04 X 14.06 FT
Bedroom 10.02 X 11.06 FT
Loft 10.01 X 11.09 FT
Bathroom 2 PCE, 4 PCE
Living Room (Basement) 11.09 X 14.03 FT
Kitchen 8.08 X 10.11 FT
Primary Bedroom 7.05 X 19.03 FT
Bathrooms 1 PCE, 2 PCE

The Neighbourhood

Downtown Kitchener

Public PrimarySuddaby PS

Public SecondaryCameron Heights CI

Separate PrimarySt. Bernadette

Separate ScondarySt. Mary's

The Lifestyle

The heart of Kitchener is the Downtown core, conveniently located for the movers and shakers of the city. Downtown offers plenty of opportunities for the urban dwellers who want to be at the city’s centre, from brand new high rise construction to repurposing projects that convert old factories into trendy loft-style apartments. All the while, offering beautiful older style homes dating from the early to mid-1900s just a short walk from the downtown core. [...]

Neighbourhood Details & Data

Detached$587,500

Median Days on Market22

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