253 Sydney Street S Kitchener, Ontario N2G 3V8

5 Bedroom 3 Bathroom 1,100 - 1,500 ft2
Fireplace None Forced Air

$775,000

THE UNICORN! Purpose Built Duplex With Accessory/In-Law Suite! 100% VACANT POSSESSION ON CLOSING! Stop fighting old leases and inherited tenants. 253 Sydney St S is a solid brick, purpose-built Legal Duplex + finished basement accessory suite offering the ultimate "Blank Slate" in Kitchener's desirable Rockway neighborhood. THE OPPORTUNITY: Set your own market rents from Day 1. Perfect for Investors, House-Hackers, or Multi-Generational families. UNIT BREAKDOWN: MAIN UNIT: Vacant. 2-Bed, 1-Bath or 3-Bed. 2-Bath (with in-law suite together). Features backyard access, in-suite with laundry, and a 1-car garage. UPPER UNIT: Vacant. 2-Bed, 1-Bath. Features in-suite laundry and dedicated carport parking. LOWER LEVEL: 1-Bed, 1-Bath accessory suite with laundry. Ideal for extended family or mortgage helper. THE STRATEGY: INVESTORS: Run your own tenant selection and maximize your Cap Rate immediately. Enjoy value add potential with the existing in-law suite to a legal triplex conversion. HOUSE-HACKERS: Live in one unit and let the other two pay your mortgage! MULTI-GENERATIONAL: Separate kitchens, separate laundry, and separate entrances-keep the family close with total privacy. THE LOCATION: Commuter's dream. Seconds to Hwy 7/8 Expressway, the LRT, Rockway Golf Course, and Downtown Kitchener's Tech Hub. MECHANICS: Separately metered Hydro between Upper and the Main/Lower units. Gas/Water shared on single meter. Purpose-built multi-unit properties with FULL VACANT POSSESSION premium assets are incredibly rare. Why wait for the next opportunity while the unicorn is right here! Request the Proforma and book your showing today! (id:15069)

Property Details

MLS® Number X12846268
Property Type Multi-family
Amenities Near By Golf Nearby, Park, Place Of Worship, Public Transit, Schools
Community Features Community Centre
Parking Space Total 2
Structure Deck, Porch, Shed

Building

Bathroom Total 3
Bedrooms Above Ground 4
Bedrooms Below Ground 1
Bedrooms Total 5
Age 51 To 99 Years
Amenities Separate Electricity Meters
Appliances Garage Door Opener Remote(s), Water Softener, Dryer, Stove, Water Heater, Two Washers, Refrigerator
Basement Development Finished
Basement Features Separate Entrance
Basement Type Full, N/a (finished), N/a
Cooling Type None
Exterior Finish Brick
Fire Protection Smoke Detectors
Fireplace Present Yes
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1,100 - 1,500 Ft2
Type Duplex
Utility Water Municipal Water

Parking

Attached Garage
Garage

Land

Acreage No
Fence Type Partially Fenced
Land Amenities Golf Nearby, Park, Place Of Worship, Public Transit, Schools
Sewer Sanitary Sewer
Size Depth 99 Ft ,6 In
Size Frontage 47 Ft ,9 In
Size Irregular 47.8 X 99.5 Ft
Size Total Text 47.8 X 99.5 Ft
Zoning Description R2b

Rooms

Level Type Dimensions
Second Level Bedroom 2.3 m x 3.07 m
Second Level Living Room 3.32 m x 4.15 m
Second Level Bathroom 1.5 m x 2.52 m
Second Level Kitchen 2.68 m x 2.53 m
Second Level Bedroom 2 2.36 m x 2.54 m
Basement Kitchen 2.32 m x 3.16 m
Basement Bathroom 0.83 m x 2.03 m
Basement Bedroom 2.59 m x 3.35 m
Basement Living Room 3.3 m x 4.12 m
Basement Bedroom 2.59 m x 3.35 m
Main Level Kitchen 2.52 m x 3.46 m
Main Level Bedroom 2 3.07 m x 2.27 m
Main Level Bathroom 2.56 m x 1.51 m
Main Level Living Room 4.13 m x 3.3 m
Main Level Bedroom 3.61 m x 3.16 m

https://www.realtor.ca/real-estate/29428839/253-sydney-street-s-kitchener

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