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About the Listing MIB132 - MI6877
HIGHEST CAP RATE IN TOWN at 7%+! Explore an exciting investment opportunity in this non-conforming duplex townhouse with two separate units. The upper unit sets the tone with updated flooring and a neutral palette. The bright living room seamlessly joins the dining room, forming a cozy gathering space. The kitchen, designed for functionality, features white cabinets and outdoor views. The hallway has built-in storage cabinets and an extra storage area. Upstairs, discover three comfortable bedrooms and a convenient 4pc bath. The second-floor has access to a balcony for some fresh air. The vacant lower unit, newly renovated, enhances the property's versatility with a completely separate entrance. This unit includes a kitchen, a family room, a spacious bedroom, and a 4-pc bath. Additional storage ensures a clutter-free environment. Both units easily bring in a combined income of $3500/mth which will only go higher in the years ahead. Located in the heart of Downtown Kitchener, this property offers easy access to ION Public Transit, the Kitchener Market, schools, Victoria Park, and a variety of shopping and dining options. This home is the ideal turn-key investment for savvy investors, as evidenced by a net profit of over $31k in 2025. Don’t let this opportunity pass by — book your private showing today!
Listing Highlights
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full
- Appliances: Water Heater Owned, Hot Water Tank Owned, Range Hood, Refrigerator, Stove
- Air Cond:
- Heating: Forced Air,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 972
- Below Ground Sq Ft: 458
- Basement: Walk-Out Access,Full,Finished
- Other: Accessory Apartment,Water Meter,2 Kitchens
- Water: Municipal-Metered
Exterior Details
- Lot Description: Urban,City Lot,Library,Park,Place of Worship,Public Parking,Schools,Shopping Nearby
- Garage Capacity: N/A
- Parking Spaces: 1
- Lot Dimensions: 20.74 x 70.54
- Zoning: R2
- Roof: Flat,Membrane
- Others:
- Sewer: Sewer (Municipal)
- Parking Features: Outside/Surface/Open
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 225020029
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
61 Eby Street B Kitchener, ON N2G 3K9
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