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    For Sale - 253 Sydney Street, Kitchener, Ontario

    Est payment $3,721/mo
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    Views   6
    Time on Jump  74 day

    AI Summary *

    • Purpose-built duplex with a finished basement accessory suite for versatile living.
    • Both units are vacant, giving flexibility in setting market rents.
    • Separate entrances and kitchens for extended family or rental income options.
    • Convenient location near highways, golf course, and tech hub.
    • Potential for legal triplex conversion adds value and investment opportunity.




    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!
    Listing IDX12846268
    Address253 Sydney Street
    CityKitchener, Ontario
    Price$775,000
    Bed / Bath5 / 3 Full
    Style2-Storey, Duplex
    ConstructionBrick
    Land Size2659
    TypeMulti-Family
    StatusFor Sale

    Subtype DuplexIndoor Features Auto Garage Door Remote, Separate Hydro Meter, Water SoftenerOutdoor Features Deck, PorchAmenities Golf, Park, Place Of Worship, Public Transit, Rec./Commun.Centre, SchoolOwnership FreeholdBasement Full, Finished, Separate EntranceFoundation Concrete BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 2.00
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    Listing Agency:  EXP REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    253 Sydney Street
    Kitchener , Ontario
    5 3 $775,000
    Get more info