129 RIVER ROAD E

$959,000

Kitchener, Ontario

  • 5 beds
  • 3 baths
Commercial · Multi-familyType
8Parking
Radiant heat, Natural gasHeating
NoneCooling
153Days on market

About this property

Solid brick a purpose-built triplex situated in the heart of Rosemount, a great investment opportunity offering tremendous income potential! This spacious property features a wide corner lot, perfect for future expansion with the possibility of adding accessory units to maximize your return on investment.Two 2 bedroom units are generously sized with brand new balconies, large kitchen and good size bedrooms, over 1000 sq ft of living space. One bedroom unit in the basement is completely renovated, including bathroom, kitchen, floors and electrical. Features three separately metered units, parking for more than 8 vehicles.Well maintained building with many upgrades and renovations, totaling over $120,000.00 recently, new shingle roof (2023), new brick chimney, upgrade to electrical panel in utility room, new sanitary mainline within building and through foundation connecting to property line, creating common area in the backyard, new sod (2024), 3 water heaters owned (2023) and much more. Sufficient outdoor parking. Book your showing today!! (id:66327)

Property details

Interior

Bedrooms
5
Bedrooms above grade
5
Bathrooms
3
Storeys
2
Basement
Apartment in basement, N/A
Appliances
Washer, Refrigerator, Stove, Dryer, Water Heater

Exterior & parking

Structure type
Triplex
Architectural style
[]
Lot size
125.1 x 58.2 FT
Parking spaces
8
Parking features
No Garage
Exterior features
Brick

Building & HOA

Heating
Radiant heat, Natural gas
Cooling
None

Financial & legal

List price
$959,000
Annual taxes
$4,952 (2025)
Status
Active
MLS® number
X12953870

Location

City
Kitchener
Province
Ontario
Postal code
N2B2G7
Directions
Cross Streets: Frederick St. ** Directions: Frederick St to River Rd E.

Room details

RoomLevelDimensionsFeatures
Living roomBasement3.5 x 6.39 meters
Living roomSecond level4.38 x 3.52 meters
Dining roomSecond level2.76 x 3.52 meters
KitchenSecond level3.81 x 2.83 meters
BedroomSecond level3.49 x 3.87 meters
Bedroom 2Second level3.49 x 3.84 meters
BathroomSecond level2.37 x 2.15 meters
KitchenBasement3.45 x 3.82 meters
BedroomBasement3.24 x 3.43 meters
BathroomBasement2.39 x 2.15 meters
Living roomMain level4.38 x 3.52 meters
KitchenMain level3.81 x 2.83 meters
Dining roomMain level2.76 x 3.52 meters
BedroomMain level3.49 x 3.87 meters
Bedroom 2Main level3.49 x 3.84 meters
BathroomMain level2.37 x 2.15 meters

Mortgage calculator

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Location & neighbourhood

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Listing data provided under the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed. REALTOR®, MLS® and associated logos are owned by The Canadian Real Estate Association (CREA).