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)
| 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 |
| 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 |
| Attached Garage | |
| Garage |
| 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 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 2.3 m | 3.07 m | 2.3 m x 3.07 m |
| Second Level | Living Room | 3.32 m | 4.15 m | 3.32 m x 4.15 m |
| Second Level | Bathroom | 1.5 m | 2.52 m | 1.5 m x 2.52 m |
| Second Level | Kitchen | 2.68 m | 2.53 m | 2.68 m x 2.53 m |
| Second Level | Bedroom 2 | 2.36 m | 2.54 m | 2.36 m x 2.54 m |
| Basement | Kitchen | 2.32 m | 3.16 m | 2.32 m x 3.16 m |
| Basement | Bathroom | 0.83 m | 2.03 m | 0.83 m x 2.03 m |
| Basement | Bedroom | 2.59 m | 3.35 m | 2.59 m x 3.35 m |
| Basement | Living Room | 3.3 m | 4.12 m | 3.3 m x 4.12 m |
| Basement | Bedroom | 2.59 m | 3.35 m | 2.59 m x 3.35 m |
| Main Level | Kitchen | 2.52 m | 3.46 m | 2.52 m x 3.46 m |
| Main Level | Bedroom 2 | 3.07 m | 2.27 m | 3.07 m x 2.27 m |
| Main Level | Bathroom | 2.56 m | 1.51 m | 2.56 m x 1.51 m |
| Main Level | Living Room | 4.13 m | 3.3 m | 4.13 m x 3.3 m |
| Main Level | Bedroom | 3.61 m | 3.16 m | 3.61 m x 3.16 m |
https://www.realtor.ca/real-estate/29428839/253-sydney-street-s-kitchener
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