For Sale - 35 Silver Aspen Crescent, Kitchener, Ontario

Est payment $4,202/mo
Views   1
Time on Jump  52 day
  • Turnkey investment with a fully renovated legal duplex in Forest Heights.
  • Spacious four-bedroom main floor and three-bedroom basement apartment.
  • High-end finishes throughout, plus separate in-suite laundries for both units.
  • Approved driveway accommodating three vehicles and extensive renovations already done.
  • Prime rental location near universities, offering excellent income potential.



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.
Listing IDX13718774
Address35 Silver Aspen Crescent
CityKitchener, Ontario
Price$875,000
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 Brokerage: KINGSWAY REAL ESTATE

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35 Silver Aspen Crescent
Kitchener , Ontario
7 5 $875,000
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