$949,000
Available - For Sale
Listing ID: X13648016
35 Silver Aspen Crescent , Kitchener, N2N 1H5, Waterloo


Incredible turnkey investment opportunity. A Fully Renovated Legal Duplex located in a desirable Forest Heights, Kitchener neighborhood. 4 spacious bedrooms with 2 washrooms on the Main Floor. 3 bedrooms Legal Basement apartment with separate entrance and 3 ensuite washrooms. Total living floor area of 1,892 square feet including the basement. Thousands spent on the renovations approx. $200K plus. Both units are beautifully designed with high-end finishes, including luxury vinyl flooring, appliances and separate in-suite laundries for both units on the main floor and the basement. Seeing is believing. New floors, New washrooms, New furnace, New AC, New water heater and many many more. Extended new driveway approved by the city which can accommodate 3 vehicles. The old aluminum wiring is replaced with new copper wiring in the whole house. The gas line was replaced from road to the property spent approx. $5K. New front raised concrete porch spent approx. $7K. All brick bungalow in desirable Forest Heights, Kitchener neighborhood close to all amenities, shopping, and schools. 3 season sunroom, garden shed, fenced backyard, and large single garage. Silver Aspen is a prime rental location that will always attract great tenants as it is close to all universities in waterloo. With a gross potential income of approx. $65,000/annum and minimal expenses, this property is a true wealth-builder. Main floor can be rented for $2800 and basement can also be rented for $2600. Live in one unit while renting out the basement as a mortgage helper, or maximize your portfolio with a fully leased option. Please check the attached layout plans approved by the city. Open houses on August 8th from 2:30-4:30pm.
Price $949,000
Taxes: $4504.00
Assessment Year: 2025
Occupancy: Vacant
Address: 35 Silver Aspen Crescent , Kitchener, N2N 1H5, Waterloo
Directions/Cross Streets: Conestoga Pkwy/Fischer Hallman Rd
Rooms: 7
Rooms +: 6
Bedrooms: 4
Bedrooms +: 3
Family Room: F
Basement: Apartment, Separate Ent
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Ground Living Ro 23.19 11.09 Open Concept, Vinyl Floor
Room 2 Ground Dining Ro 23.19 11.09 Open Concept, Vinyl Floor
Room 3 Ground Kitchen 12.07 6.56 Open Concept, Vinyl Floor
Room 4 Ground Primary B 11.48 10.27 Vinyl Floor, Closet
Room 5 Ground Bedroom 2 11.48 8.17 Vinyl Floor, Closet
Room 6 Ground Bedroom 3 11.48 10 Vinyl Floor
Room 7 Ground Bedroom 4 8.2 10.17 Vinyl Floor
Room 8 Basement Living Ro 11.09 12 Vinyl Floor
Room 9 Basement Dining Ro 11.09 12 Vinyl Floor
Room 10 Basement Bedroom 10.5 10 Vinyl Floor, Closet, 3 Pc Ensuite
Room 11 Basement Bedroom 9.18 14.53 Vinyl Floor, Closet, 3 Pc Ensuite
Room 12 Basement Bedroom 10.79 7.51 Vinyl Floor, 3 Pc Ensuite
Washroom Type No. of Pieces Level
Washroom Type 1 2 Ground
Washroom Type 2 3 Ground
Washroom Type 3 3 Basement
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Property Type: Detached
Style: Bungalow
Exterior: Brick
Garage Type: Attached
Drive Parking Spaces: 3
Pool: None
Approximatly Square Footage: 1500-2000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
KINGSWAY REAL ESTATE
Personal Picture
Bikramjit Sharma
Broker
Dir:
647-295-0028
Bus:
905 456 9090
Fax:
905-456-9091
 
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At a Glance:
Type: Freehold - Detached
Area: Waterloo
Municipality: Kitchener
Neighbourhood: Dufferin Grove
Style: Bungalow
Lot Size: x 90.00(Feet)
Approximate Age:
Tax: $4,504
Maintenance Fee: $0
Beds: 4+3
Baths: 5
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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