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Home ON Kitchener - Cambridge - Waterloo Kitchener Victoria Park
52 HENRY Street
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52 HENRY Street $699,900
Next Open House
Jun
28
$699,900
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52 HENRY Street
Kitchener, Ontario N2G1P3

MLS® Number: 40731155
4
Bedrooms
3
Bathrooms
2131
Square Feet

Listing Description

Wondering how to get onto the property ladder? This beautifully updated and VACANT duplex in the heart of Kitchener is the answer! Rent one unit while living in the other and start building equity. Great opportunity for investors, a cash flowing property with two very desirable rental units located just steps from Victoria Park and walking distance to downtown and access to transit. 52 Henry Street offers modern charm, strong rental potential, and flexibility for investors or owner-occupants alike. Unit One spans the main and lower levels and features a spacious main-floor bedroom with a second bedroom/office below grade. The full bathroom was updated in 2021 and there is a half bathroom below grade. The kitchen was renovated in 2021 and includes a dishwasher and ample counter space. Unit 2, the upper level, includes 2 bright bedrooms, one with a skylight, and a full bathroom. Both units have private laundry and access to a large, shared backyard perfect for sitting around the fire. With 3 parking spots, separate entrances, and estimated monthly rents of apx $2,200 (Unit one) and apx $1,900 (Unit two), this turnkey property offering a potential cap rate of 5.3% is a rare opportunity in a great location. (69137472)

Location Description

From Victoria Street turn onto Henry Street

Open Houses

Jun 28
2-5 PM
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Property Summary

Property Type
Multi-family
Building Type
Duplex
Storeys
3
Square Footage
2131 sqft
Subdivision Name
313 - Downtown Kitchener/W. Ward
Title
Freehold
Land Size
under 1/2 acre
Built in
1913
Annual Property Taxes
$4,137
Total Parking Spaces
3
Time on REALTOR.ca
24 days

Building

Bathrooms
Total
3
Interior Features
Basement Type
Full (Finished)
Building Features
Features
Paved driveway
Foundation Type
Poured Concrete
Rental Equipment
Other, Water Heater
Structures
Shed, Porch
Total Units
2
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl siding
Neighbourhood Features
Amenities Nearby
Hospital, Park, Place of Worship, Public Transit, Schools
Parking
Total Parking Spaces
3

Measurements

Square Footage
2131 sqft
Above Grade Finished
1475 sqft
Source: Other
Below Grade Finished
656 sqft
Source: Other

Land

Lot Features
Fencing
Fence
Frontage
39 ft
Land Depth
96 ft
Other Property Information
Zoning Description
RES-4
Data provided by: Cornerstone - Waterloo Region 540 Riverbend Drive, Kitchener, Ontario N2K 3S2

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