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$799,900
16 LEMONBALM Street
Kitchener, Ontario, N2E3V9
MLS® Number: 40624938
Property description
Prime Investment Opportunity: Purpose-Built Duplex at 16 Lemonbalm St, Kitchener Discover this well-maintained duplex, purpose-built in 2003, offering two fully independent units. The upper unit provides 1,014 sq. ft. with two bedrooms and one bathroom, while the lower unit is 654 sq. ft. with two bedrooms, one bathroom, and large egress windows that provide safety for occupants and flood the space with natural light. Each unit has its own gas and electricity meters, with separate 100-amp electrical panels and hot water heaters. Shared laundry facilities add convenience without compromising privacy. The attached garage, currently assigned to the upper tenant, includes a 10x10 mezzanine for additional storage. The property offers a total of four parking spaces: three in the driveway and one in the garage, ensuring ample parking for both units. Enjoy the backyard space, perfect for outdoor relaxation and the 2018 roof adds peace of mind. Location is Key! This duplex is perfect for tenants looking for convenience and accessibility. With proximity to Williamsburg Town Centre, Sunrise Shopping Centre, Huron Natural Area Trails, local parks, schools, and easy access to HWY 7/8, everything they need is just minutes away. Whether you're looking to expand your investment portfolio or live in one unit while renting out the other, this duplex offers endless possibilities. Don't miss out on this rare find in Kitchener!
Building information
Type
Duplex
Appliances
Water softener, Garage door opener
Basement Development
Finished
Basement Type
Full (Finished)
Constructed Date
2003
Cooling Type
Central air conditioning
Exterior Finish
Brick
Foundation Type
Poured Concrete
Heating Fuel
Natural gas
Heating Type
Forced air
Size Interior
1668 sqft
Stories Total
1
Utility Water
Municipal water
Land information
Amenities
Park, Playground, Public Transit, Schools, Shopping
Sewer
Municipal sewage system
Size Frontage
92 ft
Size Total
under 1/2 acre
Courtesy of PEAK REALTY LTD.
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