Situated in Stanley Park close to schools, transit, shopping, and the expressway, you won’t want to miss this duplex offering over 1860 sq ft above grade with 6 parking spaces and a heated 287 sq ft workshop/studio space that could be converted back into a garage. This is a property that will give you a long-term investment opportunity for your future. Laid out over 2 and a half stories on a 43 x 120-foot lot, this property offers 5 bedrooms, 2 bathrooms, and loads of indoor and outdoor space to enjoy. The main floor was recently rented to a great single-occupancy tenant. This renovated 2-bedroom apartment is charming in so many ways. The upper 3-bedroom has a great long-term tenant. This unit has a finished attic space and a dining room off the kitchen. The meticulously poured concrete parking offers 4 parking spaces beside the house and 2 more at the back; you may consider renting a couple of spots to the neighbours in the future. If you love the character and charm of 1930s Arts and Crafts-era homes, this property features beautiful built-in storage, hardwood floors, and granite in the main-floor unit. The roof was replaced in 2012, and all wiring and windows have been updated. The tenants pay their own hydro. This is a low-maintenance fully occupied property with great tenants and generates a 3.71% CAP rate. (id:4069)
Address
22 DELLROY Avenue
List Price
$599,000
Property Type
Multi-family
Type of Dwelling
Duplex
Transaction Type
Sale
Area
Ontario
Sub-Area
Kitchener
Bedrooms
5
Bathrooms
2
Floor Area
2,392 Sq. Ft.
Lot Depth
120 ft
Frontage Length
43 ft
Year Built
1929
MLS® Number
40825698
Listing Brokerage
RE/MAX SOLID GOLD REALTY (II) LTD.
Basement Area
Full (Finished)
Postal Code
N2A2S1
Zoning
COM-2
Ownership
Freehold
Parking Places (Total)
6
Site Influences
Public Transit, Schools, Shopping
Community Features
High Traffic Area, Community Centre
Appliances
Water softener
Heat Source
Natural gas
Heat Type
Radiant heat
Cooling Features
None
Other Structures
Workshop
Number Of Floors In Building
1
Water Source
Municipal water
Access To Property
Highway access
Sewer
Municipal sewage system
