486 Highland Road E

Kitchener,ON N2M 3W7

$ 1049900

6 Beds

3 Baths

1934 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-3 Unit

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,934 sqft

Price per Sqft $542

MLS Listing ID 40705316

Bedrooms 6

Abv Grd Liv Area 1,934

Year Built 1960

Annual Tax Amount $5,400

Property Sub-Type Multi-3 Unit

Source Waterloo Region

Property Description

CAN BE SOLD VACANT. PURPOSE BUILT TRIPLEX. 3 x 2 BEDROOM UNITS. 2 minutes (1KM) to Highway 7/8. On a bus route. 4 minutes to downtown. Fantastic investment opportunity in the heart of Kitchener! This well-maintained 3-unit building features three spacious 2-bedroom units, each with a full kitchen and 4-piece bathroom. The top two units offer private balconies that were renovated Summer of 2024, while tenants enjoy the convenience of shared coin-operated laundry. The chimney was replaced in in January 2025. Unit 3 renovated April of 2025. Each unit is rented out at $2,100 per month excluding utilities in which they pay 1/3 of the total bills every month. Ideally located with easy access to highways, parks, schools, shopping, and more. A great addition to any investor's portfolio or a perfect opportunity for multi-generational living!

Location

Province ON

County Waterloo

Area 3 - Kitchener West

Zoning R2B

Direction HOMER WATSON - HOFMAN - HIGHLAND

Rooms

Basement Full,Finished

Kitchen 0

Interior

Interior Features Separate Hydro Meters

Heating Forced Air,Natural Gas

Cooling None

Fireplace No

Appliance Refrigerator,Stove

Laundry Coin Operated

Exterior

Parking Features Asphalt

Roof Type Tar/Gravel

Lot Frontage 63.0

Lot Depth 110.0

Garage No

Building

Lot Description Ample Parking,City Lot,Highway Access,Park,Place of Worship,Playground Nearby,Public Transit,School Bus Route,Schools,Shopping Nearby

Faces HOMER WATSON - HOFMAN - HIGHLAND

Story 3

Foundation Concrete Block

Sewer Sewer (Municipal)

Water Municipal

Structure Type Aluminum Siding,Brick,Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 224940060

Ownership Freehold/None

Virtual Tour https://unbranded.youriguide.com/486_highland_road_east_kitchener_on/

View More
Favorite Go Tour