Whether you’re a savvy real estate investor looking for a large home with multiple units, or a large family or group of friends looking for a property you can share in together, this is an incredible opportunity to own a centrally located detached legal duplex property in the desirable Forest Hill neighbourhood of Kitchener. Fully renovated in 2017, with Samsung & LG stainless steel appliances, quartz and granite counters, and high gloss white and espresso modern cabinets in the 3 kitchens and 4.5 bathrooms, this large front/back duplex features 2 generously sized units: The front unit, Unit A, has a total of 2,115sqft of finished living space, with 5 bedroom and 2 bathrooms. The main floor is a 3 bedroom /1 bathroom layout with its own entrance and laundry, with a 2 bedroom / 1 bathroom in-law suite in the basement also with its own entrance, laundry, and hydro meter. The rear unit, Unit B, has a total of 1,582sqft of finished living space, and features a spacious 3 bedroom / 2.5 bathroom / 2-storey unit with an incredibly functional layout, and access from the driveway as well as the private & fully fenced large backyard. That's a total of 8 bedrooms, 4.5 bathrooms, 3 kitchens, 3 hydro meters, and 3 laundry rooms across 3,696sqft of finish living space, with parking for 5 cars on the private driveway. Roof shingles, 2 air conditioners, 2 gas furnaces, and 2 water softeners were all new in 2017. Conveniently located with walking trails and parks just steps away, easy access to Highway 7/8 Via Homer Watson, and only a short drive to shopping, groceries, and restaurants. Vacant Possession available from March 1st 2024. Market rent for Unit A is $4,621/mth , market rent for Unit B is $2,952/mth or a total of $90,876/annually (based on similar sized units that have leased on the WRAR MLS system over the past 180 Days from Nov 17th 2023 in Kitchener East and Kitchener West). (id:2493)
Property Type:
Multi-family
Size Interior:
1,907 sq. ft.177.166 m2
Transaction Type:
For sale
Zoning:
Res-4
Ownership Type:
Freehold
Subdivision Name:
325 - Forest Hill
Amenities:
Hospital, Park, Schools, Shopping
Features:
Paved driveway
Rental Equipment:
Water Heater
Building Type:
Duplex
Appliances Included:
Water softener, Window Coverings
Bedrooms:
8
Bathrooms:
5.0
Cooling:
Central air conditioning
Equipment:
Water Heater
Exterior Finish:
Brick
Fireplace:
No
Foundation:
Poured Concrete
Heating:
Forced air
Heating Fuel:
Natural gas
# Storeys:
1.0
Water:
Municipal water
Sewer:
Municipal sewage system
Basement:
Full (Finished)
Basement Development:
Finished
Land Amenities:
Hospital, Park, Schools, Shopping
Road Access:
Highway access
Lot Frontage:
50'15.24 m
Lot Depth:
117'35.662 m
Acreage:
No
Lot Size:
under 1/2 acre
Total Parking Spaces:
5
19 Yager Ave With Large 5 Car Driveway
19 Yager Ave
Unit A - Foyer
Unit A - Living Room
Unit A - Living Room
Unit A - Kitchen
Unit A - Kitchen
Unit A - Kitchen
Unit A - Primary Bedroom
Unit A - Bedroom 2
Unit A - Bedroom 3
Unit A - 3 Piece Bathroom With Stacked Laundry
Unit A - Stacked Laundry
Unit A - Basement Seperate Entrance
Unit A - Basement - Access Stairs
Unit A - Basement - Kitchen
Unit A - Basement - Kitchen
Unit A - Basement - Dining
Unit A - Basement - Living Room
Unit A - Basement - Living Room
Unit A - Basement - Bedroom 1
Unit A - Basement - Bedroom 2
Unit A - Basement - 3 Piece Bathroom
Unit A - Basement - Ensuite Laundry & Mechanical Room
Unit B - Entrance
Unit B - Main Floor Foyer
Unit B - Primary Bedroom
Unit B - Primary Bedroom With 3-Piece Ensuite Bathroom
Listed by RE/MAX REAL ESTATE CENTRE INC. BROKERAGE-3
Data was last updated December 4, 2023 at 06:45 PM (UTC)
Area Statistics
Listings on market:
48
Avg list price:
$999,000
Min list price:
$600,000
Max list price:
$12,500,000
Avg days on market:
55
Min days on market:
1
Max days on market:
147
Avg price per sq.ft.:
$579.32
These statistics are generated based on the current listing's property type
and located in
Kitchener. Average values are
derived using median calculations.
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