B - 61 Eby Street S

- $449,000

Kitchener, N2G3K9
MLS ® X12614616

HIGHEST CAP RATE IN TOWN at 7%+! Explore an exciting investment opportunity in this non-conforming duplex townhouse with two separate units. The upper unit sets the tone with updated flooring and a neutral palette. The bright living room seamlessly joins the dining room, forming a cozy gathering space. The kitchen, designed for functionality, features white cabinets and outdoor views. The hallway has built-in storage cabinets and an extra storage area. Upstairs, discover three comfortable bedrooms and a convenient 4pc bath. The second-floor has access to a balcony for some fresh air. The vacant lower unit, newly renovated, enhances the property's versatility with a completely separate entrance. This unit includes a kitchen, a family room, a spacious bedroom, and a 4-pc bath. Additional storage ensures a clutter-free environment. Both units easily bring in a combined income of $3500/mth which will only go higher in the years ahead. Located in the heart of Downtown Kitchener, this property offers easy access to ION Public Transit, the Kitchener Market, schools, Victoria Park, and a variety of shopping and dining options. This home is the ideal turn-key investment for savvy investors, as evidenced by a net profit of over $31k in 2025. Don't let this opportunity pass by - book your private showing today! (id:38551)

Location

Details

B - 61 Eby Street S, , Kitchener

  • Land

    20.7 x 70.5 FT|under 1/2 acre

    20.7 x 70.5 FT
  • Bedrooms

    Above Grade: 3 Below Grade: 1

    4
  • Bathrooms
    2
  • Parking

    No Garage

    1

Rooms

B - 61 Eby Street S, , Kitchener

  • Bedroom 2

    second level

    3.33 m x 2.46 m
  • Bedroom 3

    second level

    2.61 m x 3.4 m
  • Primary Bedroom

    second level

    3.58 m x 2.72 m
  • Bedroom 4

    basement

    2.37 m x 3.27 m
  • Family Room

    basement

    2.39 m x 3.05 m
  • Kitchen

    basement

    3.48 m x 3.09 m
  • Utility Room

    basement

    1.77 m x 2.05 m
  • Dining Room

    main level

    3.34 m x 3.35 m
  • Kitchen

    main level

    2.55 m x 2.46 m
  • Living Room

    main level

    3.73 m x 3.25 m