view of front of home with a front lawn, brick siding, and an attached garage Features: driveway, downspout, lawn, attached garage, stoop, gutters, brick siding More Photos

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    For Sale - 7 Balmoral Drive, Kitchener, Ontario

    Est payment $4,319/mo
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    Time on Jump  3 day

    AI Summary *

    • Fully vacant triplex offers flexibility for immediate rental income or owner occupancy.
    • Bright and spacious units, perfect for comfortable everyday living.
    • Convenient walk-out balconies in upper and middle units for outdoor space.
    • Generous lot size allows potential for adding a fourth unit.
    • Close to schools, parks, shopping, and major transit routes.




    Fantastic opportunity to own a fully vacant purpose-built triplex! In desirable belmont village, steps from catalyst high tech hub, offering both immediate flexibility and strong income potential. This well-maintained property features three bright & spacious units, including two upper 2bdrm units and a basement 1bdrm unit where owner is starting renovations to convert it to a 2-bedroom layout - creating even greater future rental possibilities! Large windows fill each unit with natural light, while practical layouts create homes that feel open, comfortable and highly functional for everyday living, the upper and middle units also feature a walk out balcony. Each unit is separately metered for hydro. All units will be vacant on closing, providing the flexibility to set market rents and maximize returns from day one. There is also parking for six vehicles, offering excellent convenience for tenants or future owners. Extra shed in the parking lot for extra storage! Recent upgrades include updated flooring, new roof shingles (2020), ensuring low ongoing maintenance and long-term value. There's also coin operated laundry, offering an additional revenue stream. Generous lot size allowing potential of adding a 4th unit. The property is conveniently located near schools, parks, shopping, hospital ,public transit and major commuter routes, making it highly appealing for both tenants and homeowners. Whether you're an investor or looking for a multi-unit property with flexibility and long-term potential, this is a great opportunity in a high-demand rental area close to transit, amenities, and everyday conveniences. With all units vacant, buyers have the rare advantage of setting their own rents and selecting tenants, or even occupying one unit while generating income from the others.
    Listing IDX13054438
    Address7 Balmoral Drive
    CityKitchener, Ontario
    Price$899,500
    Bed / Bath5 / 3 Full
    Style2-Storey, Triplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype TriplexIndoor Features NoneOwnership FreeholdBasement NoneFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Agency:  UPPERSIDE REAL ESTATE LIMITED

    * 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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