Mike Eaton has just listed 362 Edwin Street in Kitchener. Offered for sale at $700,000.
Great Investment Opportunity! This legal fourplex is always easy to rent. With spacious units and great layouts. Apartments One and Two are just over 950 square feet each, both offer three bedrooms, a four piece bathroom, a large living room and a spacious kitchen/dining area as well as loads of closet space. The lower level apartment offers one bedroom, an eat-in kitchen and living room. On the lower level of the building you will also find a large utility room and the coin-operated laundry facility which adds to the income potential of this building. The final unit is the real gem of this property. With over 1,900 square feet of living space on two levels. This unit features a lower-level, but still above grade family room with patio doors out to the yard and access to the garage as well as offering one of the units two bathrooms. The rest of this unit is located above the four car garage (another income opportunity). Featuring vaulted ceilings, two staircases to the lower level, two bedrooms (one with a walk-in closet), a four piece bathroom as well as an eat-in kitchen, a huge living room and dining room and in-suite laundry. Perfect to rent out as a premium unit or great potential for an owner occupied unit down the road. All this is located in a popular Kitchener neighbourhood just a short walk to Breithaupt Park and with easy access to transit, and just a 15 minute ride to central station. This property is a great add to your portfolio!