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Home ON Kitchener - Cambridge - Waterloo Kitchener Auditorium
132 MERNER Avenue
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132 MERNER Avenue $1,049,900
$1,049,900
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132 MERNER Avenue
Kitchener, Ontario N2H1X8

MLS® Number: 40646097
5
Bedrooms
3
Bathrooms
2867
Square Feet

Listing Description

Turn-key legal triplex with 72K+ gross annual income potential located in the desirable East Ward neighborhood of Kitchener. 132 Merner Ave features a 3 bed upper unit (vacant), lower 2 bed unit (tenanted) and rear bachelor unit (vacant). Spacious upper 3 bed unit features open living/dining room area, eat-in kitchen with pantry, updated bathroom, new paint and in-suite laundry. Lower 2 bedroom unit brand new in 2023 accessible through the separate side entrance currently rented at $2195 with A+ tenants. Unit includes 2 bedrooms, tiled shower in the bathroom, large open concept living/dining/kitchen area, SS appliances, new rads, interconnected fire alarms and large laundry/den area. Rear bachelor unit brand new 2023 with tiled bathroom/shower, in-suite laundry, new appliances, mini split duct for heat/AC. Each unit has it's own hydro panel, in-suite laundry, sound proofing, double wide driveway and double car garage with new doors, new drainage systems and more. Prime location, condition, and opportunity! Contact listing agent for financials. (68055114)

Location Description

Krug to Merner

Property Summary

Property Type
Multi-family
Building Type
Triplex
Storeys
1
Square Footage
2867 sqft
Subdivision Name
212 - Downtown Kitchener/East Ward
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$5,969.56
Parking Type
Attached Garage
Time on REALTOR.ca
17 days

Building

Bathrooms
Total
3
Interior Features
Basement Type
Full (Finished)
Building Features
Features
Paved driveway
Foundation Type
Poured Concrete
Total Units
3
Heating & Cooling
Heating Type
Radiant heat, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Community Features
Community Centre, School Bus
Amenities Nearby
Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Parking
Parking Type
Attached Garage
Total Parking Spaces
4

Measurements

Square Footage
2867 sqft
Above Grade Finished
1635 sqft
Source: Other
Below Grade Finished
1232 sqft
Source: Other

Land

Lot Features
Frontage
42 ft
Land Depth
122 ft
Other Property Information
Access
Highway access
Zoning Description
res-4
Data provided by: Cornerstone - Waterloo Region 540 Riverbend Drive, Kitchener, Ontario N2K 3S2

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