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25 MEINZINGER Avenue, Kitchener — listed at $629,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
Investors and house hackers, take note! 25 Meinzinger Ave. is an updated duplex on a generous 51 x 131 ft lot, with the cities new flexible zoning (SGA-1) in Kitchener's established Southdale neighbourhood. Featuring two self-contained, income-ready suites, that previous generated almost $50,000.00 in gross annual rent, that provide the flexibility to live in one while the other pays down your mortgage, plus a separate entrance to the basement, offering potential for a future third suite and added income! Each suite features their own private entry, 2 bedrooms, a full bathroom, and separate living and dining areas, all finished with carpet-free flooring, a modern kitchen with generous cabinetry, and an updated bathroom. Dedicated parking for each unit, on-site laundry, and an expansive shared backyard round out a setup designed for easy management and long term tenant appeal. Minutes to Highway 8, local transit, Zehrs, Queen Elizabeth Public School, and neighbourhood parks, this is a turn-key, centrally located multi-family asset with strong fundamentals and real upside. (id:60164)
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.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $4,471.07, 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 3 spaces.
Is 25 MEINZINGER Avenue a good fit for a growing family?+
With 4 bedrooms and 2 bathrooms (1551 sq ft), there's room for kids plus a guest room or home office. The 1.5-storey layout keeps living and sleeping areas separated.
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.
Does it have a basement, and is it finished?+
Yes — Unfinished, Full. A finished basement adds meaningful living space beyond the listed square footage.
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