For Sale - 35 Silver Aspen Crescent, Kitchener, Ontario

Est payment $3,837/mo
Views   1
Time on Jump  1 days



Incredible turnkey investment opportunity. A fully renovated legal duplex located in a desirable forest heights, kitchener neighborhood. 4 spacious bedrooms with 2 washrooms on the main floor. 3 bedrooms legal basement apartment with separate entrance and 3 ensuite washrooms. Total living floor area of 1,892 square feet including the basement. Thousands spent on the renovations approx. $200k plus. Both units are beautifully designed with high-end finishes, including luxury vinyl flooring, appliances and separate in-suite laundries for both units on the main floor and the basement. Seeing is believing. New floors, new washrooms, new furnace, new ac, new water heater and many many more. Extended new driveway approved by the city which can accommodate 3 vehicles. The old aluminum wiring is replaced with new copper wiring in the whole house. The gas line was replaced from road to the property spent approx. $5k. New front raised concrete porch spent approx. $7k. All brick bungalow in desirable forest heights, kitchener neighborhood close to all amenities, shopping, and schools. 3 season sunroom, garden shed, fenced backyard, and large single garage. Silver aspen is a prime rental location that will always attract great tenants as it is close to all universities in waterloo. With a gross potential income of approx.$65,000/annum and minimal expenses, this property is a true wealth-builder. Main floor can be rented for $2800 and basement can also be rented for $2600. Live in one unit while renting out the basement as a mortgage helper, or maximize your portfolio with a fully leased option. Please check the attached layout plans approved by the city. All measurements are mentioned in the city approved plans attached. It is the buyer or agent responsibility to verify all measurements. If you need a copy of the city approved plans please ask for the copy to verify all the measurements and legal status of the property. Open houses on august 15th from 2:00 - 4:00 pm.
Listing IDX13685322
Address35 Silver Aspen Crescent
CityKitchener, Ontario
Price$799,000
Bed / Bath7 / 5 Full
StyleBungalow, Detached
ConstructionBrick
TypeResidential
StatusFor Sale
Subtype DetachedIndoor Features OtherOwnership FreeholdBasement Apartment, Separate EntranceFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 4.00
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Listing Agency:  KINGSWAY REAL ESTATE

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35 Silver Aspen Crescent
Kitchener , Ontario
7 5 $799,000
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