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103 MARLBOROUGH Avenue, Kitchener — listed at $830,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Purpose built triplex in an excellent neighbourhood that appeals to both tenants and owner occupants, backing directly onto Admiral Park and close to many walking trails including the Iron Horse. Each well designed, large unit offers generous principal rooms, private outdoor space and plenty of parking. The main floor 2-bedroom unit is occupied by an excellent tenant and features a large rear deck. The vacant upper 2-bedroom unit is ready for market rent or an owner occupant and includes its own spacious upper deck. The lower 1-bedroom unit offers good natural light, two separate entrances, a private patio and plenty of storage. Each unit has a dedicated hydro meter, along with additional basement storage and access to coin operated laundry. A detached double garage, currently used exclusively by the seller, provides an additional income opportunity or valuable owner storage. Parking is available for 5+ vehicles. Conveniently located just a 2-minute walk from transit on Highland Road, with groceries, the LCBO & shopping at The Highland Centre nearby. St. Mary’s General Hospital is a 9 minute walk. Recent capital improvements incl: roof/2012, windows/2023, forced air furnace/2023 & new flooring in the upper unit/2026. (id:60164)
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
How is the space laid out across floors?+
This is a 2-storey multi-family. The 5 bedrooms and 3 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
Does it have a basement, and is it finished?+
Yes — Finished, Full. A finished basement adds meaningful living space beyond the listed square footage.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $5,588.52, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
What's the parking situation?+
This property includes 7 spaces — Detached Garage, Open, Covered.
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