
35 Silver Aspen Crescent
Kitchener, N2N1H5
Get alerts for homes like thisAbout this home
Incredible turnkey investment opportunity. A Fully Renovated Legal Duplex located in a desirable Forest Heights, Kitchener neighborhood. 4 spacious bedrooms with 2 washrooms on the Main Floor. 3 bedrooms Legal Basement apartment with separate entrance and 3 ensuite washrooms. Total living floor area of 1,892 square feet including the basement. Thousands spent on the renovations approx. $200K plus. Both units are beautifully designed with high-end finishes, including luxury vinyl flooring, appliances and separate in-suite laundries for both units on the main floor and the basement. Seeing is believing. New floors, New washrooms, New furnace, New AC, New water heater and many many more. Extended new driveway approved by the city which can accommodate 3 vehicles. The old aluminum wiring is replaced with new copper wiring in the whole house. The gas line was replaced from road to the property spent approx. $5K. New front raised concrete porch spent approx. $7K. All brick bungalow in desirable Forest Heights, Kitchener neighborhood close to all amenities, shopping, and schools. 3 season sunroom, garden shed, fenced backyard, and large single garage. Silver Aspen is a prime rental location that will always attract great tenants as it is close to all universities in waterloo. With a gross potential income of approx.$65,000/annum and minimal expenses, this property is a true wealth-builder. Main floor can be rented for $2800 and basement can also be rented for $2600. Live in one unit while renting out the basement as a mortgage helper, or maximize your portfolio with a fully leased option. Please check the attached layout plans approved by the city.
Details
- Style
- Bungalow
- Storeys
- 1
- Lot
- 45 x 90 FT
- Taxes
- $4,504
- Parking
- 4 spaces · Attached Garage, Garage
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Basement
- Apartment in basement, Separate entrance, N/A, N/A
- Exterior
- Brick
- Flooring
- Vinyl
- Water
- Municipal water
- Sewer
- Sanitary sewer
- Ownership
- Freehold
Rooms
| Level | Room | Size |
|---|---|---|
| Ground level | Living room | |
| Basement | Bedroom | |
| Basement | Bedroom | |
| Ground level | Dining room | |
| Ground level | Kitchen | |
| Ground level | Primary Bedroom | |
| Ground level | Bedroom 2 | |
| Ground level | Bedroom 3 | |
| Ground level | Bedroom 4 | |
| Basement | Living room | |
| Basement | Dining room | |
| Basement | Bedroom |
Location
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