| 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 |
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| KINGSWAY REAL ESTATE |
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| Book Showing | Email a Friend |
| Type: | Freehold - Detached |
| Area: | Waterloo |
| Municipality: | Kitchener |
| Neighbourhood: | Dufferin Grove |
| Style: | Bungalow |
| Tax: | $4,504 |
| Beds: | 4+3 |
| Baths: | 5 |
| Fireplace: | N |
| Pool: | None |