Name: 35 SHAFTSBURY DRIVE, Kitchener | MLS® X12223147
SKU: x12223147
Price: 1149900.0 CAD
Availability: InStock

$1,149,900 Sale

Listed 63 days ago

35 SHAFTSBURY DRIVE

MLS® x12223147 Duplex

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Beds · 6+1

Baths · 3.0

Parking · 7

Sqft · 2000 - 2500

Est. mortgage

$4,362/mo

Key Facts

Key facts for 35 SHAFTSBURY DRIVE

Property Type

Apartment, Duplex

Parking

Garage: Yes, 7 parking

MLS #

X12223147

Size

2000 - 2500 sqft

Basement

Finished, N/A (Finished)

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

Description

6% CAP RATE! PURPOSE-BUILT THREE-UNIT property located in the sought-after Lackner Woods neighbourhood of Kitchener. This cash-flowing gem brings in $7,000 per month in rental income, offering a 6% cap rate and approximately $1,000/month in positive cash flow! Featuring two massive 3-bedroom units a...t 1,150 sq ft each, and a bright, updated 1-bedroom lower-level unit, this property is ideal for both investors or owner-occupiers looking to have their mortgage paid by tenants. Each unit is thoughtfully updated and includes new granite countertops, open-concept layouts, vinyl flooring, and access to outdoor spaces including private balconies, a private patio, and a shared backyard. The basement unit has a new kitchen and plenty of natural light. Tenants pay all utilities including hydro, and each unit has separate hydro meters along with its own driveway for private parking. The property also boasts a full 2-car garage, parking for 4 more vehicles in the main driveway, plus a brand-new driveway (2024) for an additional 2 cars. Recent upgrades include a new boiler (2021), chimney liner (2021), electrical (2013), owned water heater (2022), and owned water tank (2020). This turn-key investment property is walking distance to shopping, parks, schools, and amenities making it the perfect blend of location, income, and lifestyle. (id:10452)

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Full Property Details

Interior

Bedrooms

Bedrooms Plus

Washrooms

3.0

Square Footage

2000 - 2500 sqft

Basement

Finished

Heating Source

Natural gas

Heating Type

Radiant heat

Air Conditioning

Wall unit

Kitchens

Full Bathrooms

Half Bathrooms

Bedrooms

Bedrooms Plus

Washrooms

3.0

Square Footage

2000 - 2500 sqft

Basement

Finished

Heating Source

Natural gas

Heating Type

Radiant heat

Air Conditioning

Wall unit

Kitchens

Full Bathrooms

Half Bathrooms

Exterior

Acreage

65 x 111 FT|under 1/2 acre

Parking Spaces

Garage Spaces Y/N

Yes

Zoning Description

RES-4

Acreage

65 x 111 FT|under 1/2 acre

Parking Spaces

Garage Spaces Y/N

Yes

Zoning Description

RES-4

Building Description

Style

Duplex

Home Type

Apartment

Subtype

Duplex

Exterior

Brick

Sewers

Sanitary sewer

Water Supply

Municipal water

Style

Duplex

Home Type

Apartment

Subtype

Duplex

Exterior

Brick

Sewers

Sanitary sewer

Water Supply

Municipal water

Community

Area Code

Kitchener

Area Code

Kitchener

Other

Virtual Tour Link

https://unbranded.youriguide.com/lg8gc_35_shaftsbury_dr_kitchener_on/

Virtual Tour Link

https://unbranded.youriguide.com/lg8gc_35_shaftsbury_dr_kitchener_on/

Room Types

Bathroom

Dimensions 2.84 m x 1.98 m

60.53 sqft

Bathroom

Dimensions 2.86 m x 1.97 m

60.65 sqft

Bathroom

Dimensions 3 m x 3 m

96.88 sqft

Emil Burca

Email: [email protected] Cell: 519-502-5737

Contact Info