$1,199,900
Available - For Sale
Listing ID: X12073669
35 Shaftsbury Driv , Kitchener, N2A 1N4, Waterloo
| 6% CAP RATE! PURPOSE-BUILT THREE-UNIT property located in the sought-after Lackner Woods neighbourhood of Kitchener. This cash-flowing gem brings in $7,000 per month in rental income, offering a 6% cap rate and approximately $1,000/month in positive cash flow! Featuring two massive 3-bedroom units at 1,150 sq ft each, and a bright, updated 1-bedroom lower-level unit, this property is ideal for both investors or owner-occupiers looking to have their mortgage paid by tenants. Each unit is thoughtfully updated and includes new granite countertops, open-concept layouts, vinyl flooring, and access to outdoor spaces including private balconies, a private patio, and a shared backyard. The basement unit has a new kitchen and plenty of natural light. Tenants pay all utilities including hydro, and each unit has separate hydro meters along with its own driveway for private parking. The property also boasts a full 2-car garage, parking for 4 more vehicles in the main driveway, plus a brand-new driveway (2024) for an additional 2 cars. Recent upgrades include a new boiler (2021), chimney liner (2021), electrical (2013), owned water heater (2022), and owned water tank (2020). This turn-key investment property is walking distance to shopping, parks, schools, and amenities making it the perfect blend of location, income, and lifestyle. |
| Price | $1,199,900 |
| Taxes: | $4786.00 |
| Assessment Year: | 2024 |
| Occupancy: | Tenant |
| Address: | 35 Shaftsbury Driv , Kitchener, N2A 1N4, Waterloo |
| Directions/Cross Streets: | Ottawa/Shaftsbury |
| Rooms: | 14 |
| Rooms +: | 4 |
| Bedrooms: | 6 |
| Bedrooms +: | 1 |
| Family Room: | T |
| Basement: | Finished |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Second | Bedroom | 9.45 | 13.91 | |
| Room 2 | Second | Primary B | 14.99 | 9.48 | |
| Room 3 | Second | Bedroom 2 | 11.55 | 8.63 | |
| Room 4 | Second | Bathroom | 9.32 | 6.49 | 4 Pc Bath |
| Room 5 | Second | Kitchen | 9.38 | 7.74 | |
| Room 6 | Second | Living Ro | 11.41 | 15.38 | |
| Room 7 | Second | Dining Ro | 12.99 | 12.27 | |
| Room 8 | Main | Bedroom | 9.38 | 13.78 | |
| Room 9 | Main | Primary B | 14.69 | 9.38 | |
| Room 10 | Main | Bedroom 2 | 11.15 | 8.89 | |
| Room 11 | Main | Bathroom | 9.38 | 6.46 | 4 Pc Bath |
| Room 12 | Main | Kitchen | 9.38 | 7.81 | |
| Room 13 | Main | Dining Ro | 9.74 | 12.2 | |
| Room 14 | Main | Living Ro | 10.96 | 15.25 | |
| Room 15 | Basement | Bedroom | 11.05 | 18.24 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Second |
| Washroom Type 2 | 4 | Main |
| Washroom Type 3 | 3 | Basement |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 4 | Second |
| Washroom Type 7 | 4 | Main |
| Washroom Type 8 | 3 | Basement |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 51-99 |
| Property Type: | Duplex |
| Style: | 2-Storey |
| Exterior: | Brick |
| Garage Type: | Attached |
| (Parking/)Drive: | Private Do |
| Drive Parking Spaces: | 5 |
| Park #1 | |
| Parking Type: | Private Do |
| Park #2 | |
| Parking Type: | Private Do |
| Pool: | None |
| Approximatly Age: | 51-99 |
| Approximatly Square Footage: | 2000-2500 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Radiant |
| Central Air Conditioning: | Wall Unit(s |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| Forest Hill Real Estate Inc. |
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|
Sirous Mowlazadeh
B.Sc., M.S.,Ph.D./ Broker
Dir:
416-409-7575
Bus:
905-270-2000
Fax:
905-270-0047
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At a Glance:
| Type: | Freehold - Duplex |
| Area: | Waterloo |
| Municipality: | Kitchener |
| Neighbourhood: | Dufferin Grove |
| Style: | 2-Storey |
| Approximate Age: | 51-99 |
| Tax: | $4,786 |
| Beds: | 6+1 |
| Baths: | 3 |
| Fireplace: | N |
| Pool: | None |
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