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Residential

For Sale

$899,900

92 CHURCH Street

Kitchener West (Kitchener, Ontario, CA - N2G 2S2)

Estimated Mortgage$4,745/month
5Beds
2Baths
1976sq. ft.
LEGAL TRIPLEX WITH A 4.4% CAP RATE IN HEART OF DTK!!! This is the one you've been waiting for! Whether you are looking for a turn-key cash-cow to add to your investment portfolio, or looking to have your tenants pay your mortgage -- look no further than 92 Church! You truly won't believe it until you see it - but this pristine century-home sits on a MASSIVE 235 FOOT DEEP LOT in downtown! Accompanied with rare R9 Zoning and located directly in the regentrifying DTK Core - the investment strategies for future development here are ENDLESS! There have been a TON of recent renovations including; new roof (2019), new windows (2018), new flooring (2021), basement unit updated (2018), main floor updated (2019), and top floor loft fully redone (2021). Currently collecting just under $50,000/YEAR in rental income PLUS tenants pay their own hydro -- you won't find a better CAP rate anywhere in KW! The location also can't be beat, STEPS to Downtown, a new LRT stop, Restaurants, Walking Trails, Victoria Park, and SO much more! Act FAST - The Best TRIPLEX in KW won't last long!

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