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$689,000
52 HENRY Street
Kitchener, Ontario, Ontario, N2G1P3
MLS® Number: 40736695
Property description
Wondering how to get onto the property ladder? This beautifully updated, legal non conforming and VACANT duplex in the heart of Kitchener is the answer! Rent one unit while living in the other and start building equity. Great opportunity for investors, a cash flowing property with two very desirable rental units located just steps from Victoria Park and walking distance to downtown and access to transit. 52 Henry Street offers modern charm, strong rental potential, and flexibility for investors or owner-occupants alike. Unit One spans the main and lower levels and features a spacious main floor bedroom with a second bedroom/office below grade. The full bathroom was updated in 2021 and there is a half bathroom below grade. The kitchen was renovated in 2021 and includes a dishwasher and ample counter space. Unit 2, the upper level, includes 2 bright bedrooms, one with a skylight, and a full bathroom. Both units have private laundry and access to a large, shared backyard perfect for sitting around the fire. With 3 parking spots, separate entrances, and estimated monthly rents of apx $2,200 (Unit one) and apx $1,900 (Unit two), this turnkey property offering a potential cap rate of 5.3% is a rare opportunity in a great location.
Building information
Type
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Architectural Style
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Basement Development
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Basement Type
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Constructed Date
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Construction Style Attachment
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Cooling Type
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Exterior Finish
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Foundation Type
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Half Bath Total
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Heating Fuel
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Heating Type
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Size Interior
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Stories Total
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Utility Water
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Land information
Amenities
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Fence Type
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Sewer
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Size Depth
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Size Frontage
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Size Total
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Rooms
Main level
3pc Bathroom
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Bedroom
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Dining room
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Kitchen
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Living room
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Sunroom
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Basement
2pc Bathroom
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Cold room
*****
Bedroom
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Family room
*****
Utility room
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Second level
3pc Bathroom
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Bedroom
*****
Living room
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Bedroom
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Other
*****
Kitchen
*****
Main level
3pc Bathroom
*****
Bedroom
*****
Dining room
*****
Kitchen
*****
Living room
*****
Sunroom
*****
Basement
2pc Bathroom
*****
Cold room
*****
Bedroom
*****
Family room
*****
Utility room
*****
Second level
3pc Bathroom
*****
Bedroom
*****
Living room
*****
Bedroom
*****
Other
*****
Kitchen
*****
Main level
3pc Bathroom
*****
Bedroom
*****
Dining room
*****
Kitchen
*****
Living room
*****
Sunroom
*****
Basement
2pc Bathroom
*****
Cold room
*****
Bedroom
*****
Family room
*****
Utility room
*****
Second level
3pc Bathroom
*****
Bedroom
*****
Living room
*****
Bedroom
*****
Other
*****
Courtesy of TrilliumWest Real Estate Brokerage
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