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    For Lease - 35 Silver Aspen Crescent, Kitchener, Ontario

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    Time on Jump  1 days

    AI Summary *

    • Fully renovated legal duplex in a desirable Forest Heights neighborhood.
    • 4 spacious bedrooms and 2 washrooms on the main floor for convenience.
    • Separate entrance for the 3-bedroom basement apartment with ensuite washrooms.
    • New systems and finishes throughout, including wiring and HVAC replacements.
    • Potential for significant rental income, ideal for investment or mortgage assistance.

    Basement for rent - 35% utilities to be paid by tenants - landlord can also rent out the entire property. Incredible turnkey investment opportunity. A fully renovated legal duplex located in a desirable forest heights, kitchener neighbourhood. 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.
    Listing IDX13807262
    Address35 Silver Aspen Crescent
    CityKitchener, Ontario
    Lease$2,300
    Bed / Bath3 / 3 Full
    StyleBungalow, Detached
    ConstructionBrick
    TypeResidential
    StatusFor Lease

    Subtype DetachedIndoor Features Other, EnsuiteInclusions NoneOwnership LeaseholdBasement Apartment, Separate EntranceFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 2.00
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    Listing Agency:  KINGSWAY REAL ESTATE

    * 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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    35 Silver Aspen Crescent
    Kitchener , Ontario
    3 3 $2,300
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