486 Highland Road E Kitchener, Ontario N2M 3W7
$999,990
PURPOSE BUILT TRIPLEX. 3 x 2 BEDROOM UNITS. UNIT 1 & 2 ARE VACANT, UNIT 3 IS OCCUPIED. 2 minutes (1KM) to Highway 7/8. On a bus route. 4 minutes to downtown. Fantastic investment opportunity in the heart of Kitchener! This well-maintained 3-unit building features three spacious 2-bedroom units, each with a full kitchen and 4-piece bathroom. The top two units offer private balconies that were renovated Summer of 2024, while tenants enjoy the convenience of shared coin-operated laundry. The chimney was replaced in in January 2025. Unit 3 renovated April of 2025. Each unit is rented out at $2,100 per month excluding utilities in which they pay 1/3 of the total bills every month. Ideally located with easy access to highways, parks, schools, shopping, and more. A great addition to any investor's portfolio or a perfect opportunity for multi-generational living! (id:63008)
Property Details
| MLS® Number | 40742263 |
| Property Type | Multi-family |
| AmenitiesNearBy | Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| CommunityFeatures | School Bus |
| Features | Paved Driveway, Laundry- Coin Operated |
| ParkingSpaceTotal | 6 |
Building
| BathroomTotal | 3 |
| BedroomsTotal | 6 |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| ConstructedDate | 1960 |
| CoolingType | None |
| ExteriorFinish | Aluminum Siding, Brick, Vinyl Siding |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 3 |
| SizeInterior | 1934 Sqft |
| Type | Triplex |
| UtilityWater | Municipal Water |
Land
| AccessType | Highway Access |
| Acreage | No |
| LandAmenities | Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| SizeDepth | 110 Ft |
| SizeFrontage | 63 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | R2b |
https://www.realtor.ca/real-estate/28518263/486-highland-road-e-kitchener
Tony Johal
Broker
1400 Bishop St. N, Suite B
Cambridge, Ontario N1R 6W8
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July 10 2025 07:16:39
Kitchener-Waterloo Association of REALTORS®
RE/MAX Twin City Realty Inc. Brokerage-2