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Home ON Kitchener - Cambridge - Waterloo Kitchener Central Frederick
32 SIMEON STREET
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32 SIMEON STREET $799,000
$799,000
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32 SIMEON STREET
Kitchener, Ontario N2H1S1

MLS® Number: X9391148
5 + 1
Bedrooms
3
Bathrooms
-
Square Feet

Listing Description

This property is perfect for Investors/buyers who appreciate distinguished homes and seek supplementary rental income or investment opportunities. Classic charm meets modern potential in this turn-key cash flow property, located in a prime downtown neighborhood. With a legal duplex and a basement in-law suite featuring a separate exit, this property offers versatile living arrangements. Plus, enjoy the convenience of three dedicated parking spaces in the back. This property boasts an impressive rental income of $4,550.00 per month, with a breakdown of $2,100.00 for the 3-bedroom unit, $1,900.00 for the 2-bedroom unit, and $550 for the in-law suite in basement. Tenants cover hydro costs, and the high-efficiency hot water boiler helps keep heating expenses low. All rental units are currently on a month-to-month basis, offering flexibility for new ownership. Financials are available upon request, and you'll find clean, low-maintenance units. Don't miss out on this unique opportunity! **** EXTRAS **** Recent upgrades include updated electrical work (ESA approved) with two new panels and 120 AMP service, along with upgraded plumbing. The property features a total square footage of 2,248 sq ft. (36918816)

Location Description

Frederick St/ Simeon St

Property Summary

Property Type
Single Family
Building Type
Duplex
Storeys
2.5
Land Size
32.25 x 91.15 FT
Annual Property Taxes
$5,006
Total Parking Spaces
3
Time on REALTOR.ca
42 days

Building

Bedrooms
Above Grade
5
Below Grade
1
Bathrooms
Total
3
Interior Features
Appliances Included
Dryer, Refrigerator, Stove, Washer, Window Coverings
Basement Features
Separate entrance
Basement Type
N/A (Finished)
Building Features
Foundation Type
Block
Building Amenities
Separate Electricity Meters
Heating & Cooling
Cooling
Window air conditioner
Heating Type
Forced air (Natural gas)
Utilities
Utility Type
Cable (Available), Sewer (Available)
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Vinyl siding
Neighbourhood Features
Community Features
School Bus
Amenities Nearby
Park, Place of Worship, Public Transit, Schools
Parking
Total Parking Spaces
3

Rooms

MetricImperial
Main level
Kitchen
Dining room
Bedroom
Bedroom
Bathroom
Second level
Bedroom
Bedroom
Bedroom
Kitchen
Basement
Bedroom
Living room
Kitchen

Land

Lot Features
Frontage
32 ft ,3 in
Land Depth
91 ft ,1 in
Other Property Information
Zoning Description
R2B DUPLEX
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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