97 St George Street, Kitchener, Ontario N2G 2T2 (25331179)


97 St George Street Kitchener, Ontario N2G 2T2

4 Bedroom 4 Bathroom 2110
Window Air Conditioner


Calling all investors! Pride of ownership abounds with this legal Triplex, boasting a 5.35% CAP Rate! Located in the heart of Cedar Hill, just a few minutes walk to the LRT, downtown Kitchener and the market, this cash flowing property is fully rented with AAA tenants on 2022 leases. All three spacious units are above ground level, offering great natural light and functional layouts. They come fully equipped with appliances, as well as In-suite laundry for each unit! The building has undergone significant updates and improvements, including: modern finishes in every unit, new roof, beautiful new backyard deck and fence, professional structural improvement, and so much more - request our buyer guide for full details! The current owners have gone above and beyond, and are ready to supply all the following documents: Zoning compliance letter, Environmental report, ESA inspections, structural engineer report and fire safety report, plus all financials. With a current Net Operating Income of $52,390, this is a turn-key opportunity for the savvy investor that won't last long! (id:48850)

Property Details

MLS® Number 40383115
Property Type Multi-family
Amenities Near By Golf Nearby, Park, Schools, Shopping
Equipment Type None
Features Park/reserve, Golf Course/parkland
Parking Space Total 6
Rental Equipment Type None
Structure Shed


Bathroom Total 4
Bedrooms Total 4
Appliances Water Softener
Basement Development Unfinished
Basement Type Full (unfinished)
Constructed Date 1900
Construction Style Attachment Detached
Cooling Type Window Air Conditioner
Exterior Finish Aluminum Siding, Brick
Fire Protection None
Foundation Type Brick
Heating Fuel Natural Gas
Stories Total 2
Size Interior 2110
Type Triplex
Utility Water Municipal Water


Access Type Highway Access
Acreage No
Land Amenities Golf Nearby, Park, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 119 Ft
Size Frontage 40 Ft
Size Total Text Under 1/2 Acre
Zoning Description R5



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