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$985,000

Kitchener ON, N2H 3S3

MLS® # 40762064

Property Information:

Legal triplex in central Kitchener with stable current income and flexible living options. Offering approx. 2,400 sq. ft. across three self-contained units, this property has been upgraded with 100-amp service in each unit, vinyl windows, roof and eaves, updated stairwells, resurfaced driveway and cement walkways, fire-rated doors, and refreshed kitchens and bathrooms with acrylic bath fitters and updated flooring. Coin-operated laundry provides additional income. Owner pays heat and water, while tenants cover their own hydro usage through separate panels. Conversion to separate utility metering is straightforward, creating further long-term value. The property includes a paved parking lot for three cars plus an available fourth spot near the front entrance. This setup offers excellent versatility for investors, those looking to live in one unit while renting the others to offset their mortgage, or for multi-generational families seeking separate yet connected living spaces. Ideally located within a Major Transit Station Area and walking distance to downtown Kitchener, the LRT, Google, and other major employers, this triplex provides stable income today with strong future potential in one of the region’s fastest-growing corridors.

Inclusions: Hot Water Tank Owned,Smoke Detector,Other,Most Appliances.

Exclusions : Any Tenant Possessions. The Fireplace, Microwave, Dishwasher, And Portable Washing Machine In The Bottom Unit.

Building Features:

  • Floor Space: 2400 Square Feet

Property Features:

  • Bedrooms: 6
  • Acres Range: < 0.5
  • Basement: Other, Full, Finished
  • Built in: 1961
  • Construction Materials: Brick Veneer
  • Cooling: None
  • Driveway Parking: Outside/Surface/Open
  • Exterior Features: Balcony, Landscaped, Lighting
  • Floor Space (approx): 2400 Square Feet
  • Heating: Baseboard, Natural Gas
  • Interior Features: Separate Heating Controls
  • Laundry Features: Coin Operated
  • Lot Depth: 88.95 Feet
  • Lot Features: Irregular Lot, Ample Parking, City Lot, Highway Access, Hospital, Library, Open Spaces, Place of Worship, Public Parking, Public Transit
  • Lot Frontage: 40.07 Feet
  • Parking Features: Exclusive
  • Roof: Asphalt Shing
  • Security Features: Smoke Detector
  • Water Source: Municipal
  • Zoning: C1
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 3

Courtesy of: EXP REALTY

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Potential Investment Performance

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Location of 62 Moore Avenue, Kitchener, ON, N2H 3S3

Demographic Information of 62 Moore Avenue, Kitchener, ON, N2H 3S3

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$121,581.69

Average Number of Children

1.57

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.9 %

High school certificate or equivalent

23.57 %

Apprenticeship trade certificate/diploma

5.85 %

College/non-university certificate

16.49 %

University certificate (below bachelor)

2.36 %

University Degree

40.83 %

Commuter

Travel To Work

By Car

74.5 %

By Public Transit

11.09 %

By Walking

12.07 %

By Bicycle

0.8 %

By Other Methods

1.54 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

63.75 %

Houses

36.25 %

Own Vs. Rent