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Home ON Kitchener - Cambridge - Waterloo Waterloo Westmount
59 BRANDON Avenue
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59 BRANDON Avenue $1,049,000
$1,049,000
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59 BRANDON Avenue
Kitchener, Ontario N2M2J2

MLS® Number: 40590537
9
Bedrooms
6
Bathrooms
3000
Square Feet

Listing Description

Attention Investors! Discover an extraordinary investment opportunity with this well-maintained R6 zoned triplex, offering potential for expansion into a multiplex (6 units of 1 bedroom each which the current owner has been doing). Each floor has 2 kitchens and 2 bathrooms, making it easy to use as 3 to 6 units (you choose)! Nestled on a quiet, mature street just steps from the vibrant Belmont Village, this property provides easy access to top-tier restaurants, shops, amenities, schools, parks, and trails, as well as being a short drive from Uptown Waterloo and Downtown Kitchener. Upgraded in 2016; kitchens, bathrooms, and appliances. Between 2022 and 2023 there were new windows installed, new roof, furnace, water heater and the doors were installed in 2020 + other updates. The property also boasts an expansive 50 foot frontage by 184-foot deep lot, its the ideal location to build another building as the city approves (look at number 79 on the same street). There is significant potential for this property, it is a standout prospect for savvy investors looking to enhance their portfolio and develop a highly sought-after residential space. Don’t miss out on this exceptional opportunity! (67516121)

Location Description

PT LT 74 PL 852 KITCHENER AS IN 1096220;

Property Summary

Property Type
Multi-family
Building Type
Triplex
Storeys
3
Square Footage
3000 sqft
Subdivision Name
415 - Uptown Waterloo/Westmount
Title
Freehold
Land Size
0.214 ac|under 1/2 acre
Annual Property Taxes
$6,060
Total Parking Spaces
15
Time on REALTOR.ca
41 days

Building

Bathrooms
Total
6
Interior Features
Appliances Included
Window Coverings
Basement Type
Full (Finished)
Building Features
Foundation Type
Poured Concrete
Total Units
4
Heating & Cooling
Cooling
None
Heating Type
Forced air, Other, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Community Features
Quiet Area
Amenities Nearby
Golf Nearby, Hospital, Park, Place of Worship, Playground, Public Transit, Schools
Parking
Total Parking Spaces
15

Measurements

Square Footage
3000 sqft
Above Grade Finished
2200 sqft
Source: Other
Below Grade Finished
800 sqft
Source: Other

Land

Lot Features
Fencing
Partially fenced
Frontage
53 ft
Land Depth
184 ft
Other Property Information
Access
Road access
Zoning Description
R6
Data provided by: Waterloo Region Association of REALTORS® 540 Riverbend Drive, Kitchener, Ontario N2K 3S2

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